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Corporate

Steadfast to update guidance 'when practical'

30 March 2020

Steadfast says it will provide an update on its expected financial performance and impact of the coronavirus situation "when practical" after last week withdrawing guidance for the current fiscal year...

Tower takes EQC to court for $80 million

30 March 2020

New Zealand insurer Tower has launched legal action against the Earthquake Commission to recover more than $NZ80 million which it says is owed for rectifying building issues following the Canterbury earthquakes...

SUA pursues waiver on unoccupied premises

30 March 2020

Underwriting agency SUA has pursued policy changes in the Lloyd’s market to ensure clients are not left without cover if properties are unoccupied for an extended period due to the coronavirus outbreak...

WTW tool tracks pandemic exposure for risk managers

30 March 2020

Risk managers can assess their COVID-19 property exposure in real-time using a new tool from Willis Towers Watson to help clients prepare for the "significant economic impact" of the pandemic...

360 continues rapid expansion, buys Ensurance

30 March 2020

Underwriting agency 360 Construction and Engineering has agreed to buy the local operations of Ensurance Underwriting for $1.1 million, plus an additional performance-related fee, as it continues to expand rapidly...

Employee wellbeing platform launched

30 March 2020

DXC Technology has announced the launch of a "community edition" of Springday, a digital evidence-based wellbeing platform designed to reduce psychological injury claims.

Gallagher Bassett ramps up coronavirus response

23 March 2020

Gallagher Bassett has engaged its business continuity team to ensure claims can be handled as needed during the coronavirus outbreak, and has established a global taskforce comprising experts across major injury exposures...

QBE reducing headcount by 200

16 March 2020

QBE has confirmed it intends to cut 200 jobs in the Australia Pacific division over the next 12 months, but has declined to give any further details about which positions are affected...

Cover-More suspends 'Cancel For Any Reason' sales

16 March 2020

Cover-More has suspended Australian and New Zealand sales of its Cancel for Any Reason (CFAR) travel insurance as the coronavirus outbreak escalates and interest in the product rises...

Technology chief leaves Suncorp

16 March 2020

Suncorp Chief Information Officer Sarah Harland is leaving later this month after more than three years in the job...