Ensurance unveils property defects cover
06 May 2019
Ensurance has secured Lloyd’s capacity to launch a product that covers against property damage caused by structural defects…
Corporate
Catastrophe claims hit Westpac insurance
06 May 2019
Westpac’s gross written premium grew 3% to $259 million in the bank’s first half, but the profit contribution from insurance slumped on natural catastrophe claims…
McLarens expands with Byron Bay office
06 May 2019
Loss adjuster McLarens is opening an office in Byron Bay to serve clients in northern NSW and the Gold Coast, as the US group expands its Australian operations…
Claim Central branches out in Sydney
06 May 2019
Claim Central Consolidated has opened a second Sydney office, in Parramatta, as the digital claims group expands locally…
KPMG cops $11 million fine over auditing of ex-IAG division
06 May 2019
The UK’s Financial Reporting Council has fined KPMG and related parties more than £6 million for mishandling the accounts of an underwriting business IAG formerly owned…
Genworth achieves sustainability list progress
06 May 2019
Genworth says it reduced its environmental and carbon footprint last year by more than one-quarter…
Emergence to cover ‘human hacking’
06 May 2019
Cyber insurer Emergence has extended its coverage to include social engineering theft and “crypto-jacking”…
IAG sees opportunity ‘beyond general insurance’
29 April 2019
IAG says it wants to grow outside its traditional general insurance territory, but has declined to give specific details of how it will do it…
EQC changes to lift premiums in cat-prone areas: IAG
29 April 2019
IAG says home and contents premiums will rise for New Zealand customers in areas prone to natural disasters and certain weather events…
Claims group taps 360Globalnet digital know-how
29 April 2019
UK claims specialist 360Globalnet is developing a digital platform for accident management and third-party claims administrator Focussed Loss Management…
Flamingo secures ‘significant’ AI contract
29 April 2019
Insurtech Flamingo Ai will provide US-based Nationwide Mutual Insurance Company with artificial intelligence services under a six-month commercial agreement…
QBE repair win underpins Johns Lyng expansion
29 April 2019
Johns Lyng Group’s appointment to a QBE building repair services panel will be “a key plank” in its geographic expansion…
PSC sells down Johns Lyng Group stake
29 April 2019
PSC Insurance has sold a parcel of shares in building contractor Johns Lyng Group, triggering a stock exchange notice saying it has ceased to be a substantial shareholder…
Pop partners with US software provider
29 April 2019
Pop Insurance and its subsidiary Fusion Specialty Insurance have launched a global partnership with US-based analytics and software provider Fractal Industries…
Suncorp opens Adelaide store
29 April 2019
Suncorp has opened a tri-branded shopfront in Adelaide as it expands in the region and prepares for changes to SA’s compulsory third party scheme…
Class action filed over IAG add-on cover
15 April 2019
A class action has been launched against IAG and its subsidiary Swann Insurance over add-on cover sold through motor dealerships…
QBE names global ‘centre of excellence’ leader
15 April 2019
QBE has appointed Uwe Schoberth to lead a new global market management team tasked with strengthening customer focus across key regions and product lines…
Engineering consultant calls in administrators
15 April 2019
Engineering, building and disaster response consultant Censeo has been put into administration, with CEO Kate Middleton attributing the company’s demise to “legacy debt”…
Hollard-backed SMSF covers gain market support
15 April 2019
Two Hollard-backed covers aimed at the self-managed superannuation fund market are achieving success since their launch last year…
Bond & Credit sees growth in Tokio Marine deal
15 April 2019
Specialist underwriting agency the Bond & Credit Company is confident it can grow under new owner Tokio Marine & Nichido Fire Insurance…