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Corporate

Tower simplifies corporate structure

21 September 2020

New Zealand insurer Tower says an amalgamation of companies within its corporate structure will take effect from the end of the month following regulatory approval...

Regan gets $310,000 severance payout

14 September 2020

Former QBE Group CEO Pat Regan will get just $310,000 in severance payout, the insurer announced last week, following a probe into his communications with a female employee.

360 Aviation expands with Axa XL agreement

14 September 2020

Underwriter 360 Aviation has entered into a coverholder binding authority agreement with Axa XL, expanding the firm’s ability to write general aviation and hangarkeepers business...

AUB targets specialty portfolios

14 September 2020

AUB Group has signalled a strong intent to grow its specialty portfolio business, after taking a 73.15% stake in Experien Insurance services, a brokerage that specialises in general and life insurance products for the medical profession...

Chubb Studio platform heading for Australia

14 September 2020

Chubb has rolled out Chubb Studio, a global digital platform that is designed to simplify the distribution of its insurance offerings through the insurer’s partners in retail, banking, airline and other industry channels...

Further Suncorp job cuts expected: reports

07 September 2020

Suncorp is set to announce a “significant restructure” which could result in 10% of jobs axed at the insurer, according to the Australian Financial Review...

CyberCX buys NZ digital security firm

07 September 2020

Australian digital security firm CyberCX has acquired a cyber protection services provider in New Zealand for an undisclosed amount...

AUB sees ‘strong momentum’ continuing

31 August 2020

AUB Group projects underlying net profit will rise 9.5-14% this financial year amid signs “strong momentum” at the close of the past year is continuing...

Aviso appoints new GM as brokerages merge

31 August 2020

Aviso Group has appointed David Bailey as its new GM as two of its largest brokers merge to form Aviso EIA Insurance Brookers, serving cities from Newcastle to Darwin...