Communications broke down in Resilium dispute
16 December 2019
Communication between representatives of private equity firm Pemba and Coverforce founder and MD Jim Angelis broke down amid a dispute over funding for an acquisition of Resilium...
Corporate
Suncorp confirms Jeremy Robson as CFO
16 December 2019
Suncorp has confirmed Jeremy Robson’s formal appointment as CFO after he moved into the position on an acting basis in May...
NSW broker becomes Aviso’s 11th partner
16 December 2019
Aviso Group has added NSW regional brokerage Sutton Insurance Brokers to its growing broker network...
Tower seeks new CEO to drive digital change
16 December 2019
New Zealand’s third-largest insurer Tower is seeking a CEO to deliver results from the company’s investment in new technology...
NTI moves into new road freight niche
16 December 2019
Specialist transport and logistics insurer NTI has joined with leading freight marketplace Truckit.net to launch direct single transit insurance...
New software deals with challenging new accounting rule
16 December 2019
Willis Towers Watson has designed a software product to help general insurers migrate to IFRS 17, a new accounting rule that will bring about significant changes to the way earnings are prepared...
New insurance venture measures corporate culture
16 December 2019
Sunil Vohra, formerly AUB Group’s divisional CEO of risk services, and ex-IAG executive Kate Stone have launched The Workability Index, a corporate culture ratings platform that measures companies’ organisational culture and transparency...
Funke Kupper joins Suncorp board
16 December 2019
Elmer Funke Kupper has accepted an invitation to join the board of Suncorp as non-executive director from January...
Travel insurer introduces medical score algorithm
16 December 2019
Travel insurer Zoom is now offering cover to Australians and New Zealanders with medical conditions by making use of Verisk’s latest technology...
AUB drops plan to buy Coverforce
09 December 2019
AUB has abandoned its planned acquisition of Coverforce Holdings after failing to gain access to key documents required to finalise the proposed $150-200 million deal...
Blue Zebra set to launch new products, expand overseas
09 December 2019
Underwriting agency Blue Zebra will grow its product suite next year, and is also considering expanding into Asia after approaches from Hong Kong and Singapore...
New marine agency aims to make a difference
09 December 2019
Highly regarded marine underwriter Jill Murphy has set up an independent underwriting agency, RedSky Insurance, with a portfolio acquired from her previous employer, Agile Underwriting...
360Globalnet builds claims platform for Insuret
09 December 2019
Claims specialist 360Globalnet has built a digital claims platform for Queensland-based Insuret, an underwriting agency that provides claims management services to the rental car sector...
Community Underwriting sets up Brisbane branch
09 December 2019
Community Underwriting will open an office in Brisbane next month to support the agency’s growing business in Queensland...
Funder moves to file class action against CBL
09 December 2019
Australian litigation funder IMF Bentham has filed an application in the High Court in Auckland to commence a shareholder class action against failed New Zealand insurer CBL Corporation...
QBE non-executive director departs
09 December 2019
Former Hanover Insurance Group President and CEO and QBE non-executive director Fred Eppinger has retired from the board after less than a year...
Suncorp NZ backs online domestic violence shelter project
09 December 2019
Suncorp New Zealand and its other subsidiaries, Vero and Asteron Life, have joined the Shielded Site network, an initiative that offers online support services for victims of domestic violence...
Hollard replaces AIG at Steadfast Direct
02 December 2019
Hollard will begin writing business through the Steadfast Direct personal lines panel from the middle of this month after agreements were finalised for it to replace AIG...
Honan expands with Malaysia partnership
02 December 2019
Honan has entered a partnership with Kuala Lumpur-based MP Insurance Brokers to build its presence in Malaysia, as it expands in the Asia-Pacific region...
QBE names new Chief Underwriting Officer
02 December 2019
QBE has named Phuong Ly as Chief Underwriting Officer, Australia Pacific, effective from February...