Bessell joins AUB as Q3 earnings jump
27 April 2020
AUB Group has reported a 25% rise in third-quarter earnings and announced the appointment of former IAG executive Ben Bessell as Austbrokers Chief Broking Officer...
Corporate
Suncorp fast-tracks digital claims solutions
27 April 2020
Suncorp says it has enhanced digital solutions to ensure claims – including those from the summer’s bushfire catastrophe – are not slowed down by COVID-19 restrictions...
Cyclone Harold could cost Tower $9 million
27 April 2020
New Zealand insurer Tower has estimated Cyclone Harold, which swept through several Pacific island groups earlier this month, could financially impact its business by $NZ8-10 million...
Bringing it back home: IAG hires 400 new staff
27 April 2020
IAG has recruited an additional 400 staff to work across customer service, sales and claims, with a quarter seconded from RACV resorts, clubs and retail stores...
Ensurance sets up to ‘accelerate’ as restructure completed
27 April 2020
Underwriting agency Ensurance will focus on growing its UK business going forward after the business completed a two-year restructuring exercise that included the divestment of non-core operations...
Stream software product upgrade delayed
27 April 2020
Claims and insurtech specialist Stream Group says an upgrade to its core software product has been delayed, while it is also seeing low volume in its major New Zealand market...
Transport and logistics are essential services, NTI says
27 April 2020
Australia’s largest specialist insurer, NTI Ltd, has been working with the Government to help ensure delivery of essential goods like medicine and groceries during the coronavirus crisis...
Colleagues heap praise on IAG’s Harmer
20 April 2020
A flood of goodwill towards IAG MD and CEO Peter Harmer has followed the announcement of his plan to retire at the end of the year...
QBE raises $1.2 billion, set to open retail offer
20 April 2020
QBE has completed its $US750 million equity placement and will tomorrow open a retail share purchase plan as part of a capital-raising to strengthen its defences through current economic and market uncertainty...
Broker demand for virtual risk assessment tool up 25%
20 April 2020
The past two weeks have seen a near 25% rise in demand from brokers locally and in the UK for iSurveyRisk, a cloud-based platform for virtual property risk assessments that is half-owned by Steadfast...
QBE steps up with $2.6 million for busy charities
20 April 2020
QBE is providing $2.6 million to assist charity partners including Red Cross and Save the Children as they deal with a rising demand for services and decreases in donations during the coronavirus pandemic...
Suncorp helps schoolkids stay connected
20 April 2020
Suncorp is helping bridge a growing "digital divide" faced by vulnerable Australian children with a million-dollar donation to the Smith Family...
IAG invests in US artificial intelligence firm
20 April 2020
IAG’s Firemark Ventures has invested in Chicago-based Arturo, which uses remotely accessed images and artificial intelligence to analyse commercial and residential properties...
Allianz Partners appoints Asia Pacific CEO
20 April 2020
Allianz Partners has appointed Vinay Surana as Regional CEO, Asia Pacific, based in Singapore...
Meet Dave: 360Globalnet unveils 'virtual visits' technology
20 April 2020
Claims specialist 360Globalnet has created a new technology called Digitally Assisted Visit Experience to replicate face-to-face site attendance...
Suncorp creates NZ hardship funds
20 April 2020
Suncorp New Zealand has established a $NZ2 million hardship fund for its Vero and Asteron Life customers...
IAG sharpens its focus on post-repair checks
20 April 2020
IAG says it is concentrating more on automotive post-repair inspections and critical repairs as part of its program to monitor and assess standards across its national motor and property networks...
BHSI expands NZ management liability cover
20 April 2020
Berkshire Hathaway Specialty Insurance Company has expanded its range of cover for management liability risks in New Zealand...
HDI 'well capitalised' to ride out virus turmoil
20 April 2020
HDI Global has assured clients the business is in a "strong solvency position" to weather the economic turmoil caused by the COVID-19 pandemic...
S&P downgrades Westpac LMI outlook
20 April 2020
S&P Global Ratings has downgraded its outlook for Westpac Lenders’ Mortgage Insurance to negative from stable following similar action on the parent banking group...