Corporate
05 August 2019
Insurtech Flamingo Ai says it has undertaken significant efforts to reduce operational costs as it lifted revenue to $276,000 in the three months to June 30, up from $133,000 in the prior three months...
29 July 2019
AUB Group will take a 100% stake in a restructured AIMS, following the decision by IBNA to leave the joint venture for Steadfast...
29 July 2019
Chubb has appointed former Calibre CEO Mike Hooton to lead its new small commercial and mid-market division...
29 July 2019
Melbourne-based PSC Insurance Group is acquiring London-based Lloyd’s broker Paragon International for a base consideration of £42 million...
29 July 2019
Suncorp will consider a climate change resolution from shareholders demanding the insurer take action to cut its ties with fossil fuels...
29 July 2019
South Australian brokerage Surewise will begin formally trading under its new name on Thursday after a merger of three Adelaide-based businesses that are majority owned by Steadfast Group...
29 July 2019
Honan Insurance has agreed to invest $500,000 for a 3% stake in B2B real estate disruptor The Agency Group Australia, and says it is also in “widespread talks” about other possible partnerships...
29 July 2019
London-based Insurtech Gateway has launched in Australia, its first foray outside the UK...
29 July 2019
Ratings agency S&P has lowered its ratings on two Australian lenders’ mortgage insurance heavyweights, reflecting a structural decline in the industry and a weakened local competitive position...
29 July 2019
National Transport Insurance has been unanimously accepted as an associate member by the council of the Australian Trucking Association (ATA), which represents 50,000 businesses and 200,000 people in the industry...
29 July 2019
IAG is one of Australia’s top 10 philanthropic companies, donating a larger percentage of its profits to charitable causes than all but eight of Australia’s large ASX-listed firms...
29 July 2019
Ensurance is planning to expand its new terrorism and sabotage insurance product to the Australian market, after securing funding...
29 July 2019
Insurtech investor Greenlight Re is investing in New Zealand insurtech Cove Limited...
22 July 2019
Actuarial consultancy Finity has purchased Sydney-based artificial intelligence analytics firm Deep Logic for an undisclosed sum...
22 July 2019
A confidential out of court settlement has ended a lengthy legal dispute between six former owners of the SRS underwriting agency and major broker Gallagher...
22 July 2019
360 Underwriting Solutions has acquired a 50% stake in online underwriting agency eSentry...
22 July 2019
QBE has increased its claims liabilities estimate after a change in the interest rate used in UK personal injury calculations fell short of company expectations...
22 July 2019
Cyber insurer Emergence has opened an office in WA, further extending its national network...
22 July 2019
Rural specialist Ag Guard is to launch a fire and hail broadacre insurance product on the Sunrise Exchange platform...
22 July 2019
IAG has acquired a majority stake in car subscription and trading platform Carbar as it examines the impact of vehicle usage changes on motor insurance...