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Corporate

QBE trade credit moves hit Myer, David Jones

22 June 2020

QBE’s actions to reduce risk in its trade credit portfolio during the coronavirus outbreak have hit suppliers to department store groups Myer and David Jones...

Board shuffle at Johns Lyng

22 June 2020

Johns Lyng Group has announced its Executive GM of Business Development and Marketing Philippa Turnbull has joined the board.

Suncorp names new tech chief

15 June 2020

Suncorp announced today that Adam Bennett has been appointed as Chief Information Officer, and will start on July 1, subject to regulatory approvals...

McLarens acquires Crawford-linked rival

15 June 2020

McLarens has acquired Lloyd Warwick International, a London-based oil and energy specialist loss adjuster that is jointly owned by its employees and Crawford & Company, for an undisclosed amount...

Flamingo Ai sale deal falls through

15 June 2020

Listed insurtech Flamingo Ai says a proposed deal to sell its operations to Rymamay Investments has fallen through and the artificial intelligence business will be discontinued unless an alternative acquirer can be found within 30 days...

Zurich says Cover-More highly valued, entrepreneurial

15 June 2020

Sydney-based travel insurer Cover-More remains a highly valued business within Zurich’s global operations, the Swiss insurer’s APAC CEO Jack Howell says, applauding its "entrepreneurial mindset"...

Brisbane brokerage acquired by Gallagher

15 June 2020

CA Insurance Brokers has joined Gallagher’s Brisbane office in a deal which expands the global broker’s presence and capabilities in Queensland...

Hollard’s Heilig moves to Envest

15 June 2020

Insurtech investor Envest has recruited Hollard Commercial Insurance CEO  Richard Heilig to help expand its insurance business...

Keystone sees nearly 200 brokers enrol for portal

15 June 2020

Keystone Underwriting says nearly 200 brokers have enrolled to use an online portal developed ahead of the launch of the business as an independent firm with a new name in February...

Johns Lyng bucks trend with earnings upgrade

15 June 2020

Building services provider Johns Lyng Group has lifted its earnings forecast by 10%, saying it has experienced unprecedented demand following six separate catastrophic events...

Delta makes new inroads in Asia

15 June 2020

New Zealand insurer Delta Insurance Group has sealed a cyber insurance contract with Hotai Insurance in Taiwan, expanding its presence in Asia...

Premium refunds the 'right thing to do': Tower

15 June 2020

New Zealand’s third-largest general insurer Tower will refund $NZ7.2 million to customers who paid car insurance premiums during level three and four lockdown rules during March, April and May...

QBE to take over Realcover business

01 June 2020

QBE Insurance has entered into a scheme of arrangement with Realcover to take over the company’s insurance contracts and insurance liabilities...

Tower lifts first-half profit, sees lower growth ahead

01 June 2020

New Zealand’s third-largest general insurer Tower lifted its net profit to $NZ14.86 million in the six months to March but says it expects to operate in a "low growth environment" for the next 12 to 18 months...