Insurance House expands in NSW
26 October 2020
Insurance House has expanded in NSW with the acquisition of a key stake in authorised representative Commercial Insurance Group, based in the south-eastern Sydney suburb of Rockdale...
Corporate
Travel insurance specialist ‘hibernates’ as volumes plummet
19 October 2020
TravelCard today announced “the difficult decision” to put the business into hibernation and pause operations...
PSC snaps up another UK brokerage for $15.5 million
19 October 2020
PSC Insurance Group announced today it has acquired another London brokerage for £8.51 million, further expanding its reach in the UK market...
IAG and union battle over enterprise pay deal
19 October 2020
IAG has defended a proposed enterprise pay and conditions agreement, saying the company is “not immune” from the impacts of COVID-19 and the offer achieves the right balance between the needs of employees and the business...
Coverforce defends new PI product
19 October 2020
Coverforce has moved to dispel doubts on a new professional indemnity insurance product after a surveyors’ group warned the cover may not meet Australian regulations...
Steadfast boosts training with Gold Seal purchase
19 October 2020
Steadfast has boosted its education and training capabilities with the acquisition of Gold Seal Practice Management and Gold Seal Intellectual Property...
Builder nails insurance services deal with Westpac
19 October 2020
Johns Lyng Group has signed a contract with Westpac General Insurance to provide building and restoration services for insurance claims across the insurer’s national client base for an initial period of three years...
Insurance consigned to the past as Stream changes direction
19 October 2020
Former claims manager Stream says the Qusol insurance software business will no longer be a key part of its operations as it moves out of insurance to become an electrical products and services company...
QBE’s Mitti joint venture aims to reduce SME risks
19 October 2020
QBE has partnered with workplace inspection company SafetyCulture to provide risk mitigation assistance and tailored cover for SMEs through new joint venture insurer Mitti...
BOQ expects after-tax loss from sale of St Andrews
19 October 2020
The Bank of Queensland says the sale of its insurance arm will translate into an after-tax loss of $27-30 million, which will be reflected in its current financial year results...
Zurich monitors local travel as global product revamped
19 October 2020
Zurich wants to introduce an enhanced business travel product locally next year after the global company last week said it had improved its commercial offering to reflect challenges highlighted by the COVID-19 pandemic...
iSelect appoints new CEO
19 October 2020
Comparison website iSelect has promoted Chief Marketing and Commercial Officer Warren Hebard to CEO, while warning that revenue will be hampered by changes to life insurance and this year’s COVID-19 restrictions...
Cover Genius raises $15 million as online commerce increases
19 October 2020
Technology company Cover Genius, which facilitates ecommerce insurance, has raised $15 million as it extends its product suite and partner network globally amid opportunities from rising online purchasing...
CHU names Jonsson to succeed Lehane
12 October 2020
Strata insurer CHU has appointed Regional Manager NSW/ACT Kimberley Jonsson to succeed CEO Bobby Lehane, who is leaving the Steadfast-owned business in March next year...
IAG settles class action over add-on sales
12 October 2020
IAG will report an earnings impact of less than $50 million after settling a class action brought over add-on products sold through vehicle and motorcycle dealerships...
Axa fills key roles in Asia and Europe unit
12 October 2020
Axa XL has filled up key roles in its Asia and Europe Business Unit, following the implementation this month of the insurer’s new operating model...
Fleet leasing firm settles motor warranty class action
12 October 2020
Listed fleet leasing company McMillan Shakespeare has settled a motor warranty class action against its subsidiary Davantage...
Claim Central acquires US collaboration platform
12 October 2020
Claim Central Consolidated has taken ownership of Livegenic, a Philadelphia-based virtual collaboration platform for insurance providers...
Johns Lyng joins Chubb panel
12 October 2020
Johns Lyng Group has agreed to join Chubb’s panel of approved builders for three years...
Zurich buys HealthLogix wellbeing provider
12 October 2020
Zurich has agreed to acquire Melbourne-based digital health and wellbeing service provider HealthLogix to further expand its LiveWell business...