IAG flags GWP slowdown amid remediation
11 February 2019
IAG expects more muted gross written premium growth in the financial year’s second half as commercial volumes decline amid portfolio remediation, while rates overall continue to increase…
Corporate
Oracle restructures for growth
11 February 2019
Oracle Group Australia has announced changes to its management structure aimed at growing the brokerage…
QBE embarks on customer service revamp
11 February 2019
“Shifting expectations” have prompted QBE to overhaul its approach to customer service…
Genworth profit tumbles on soft housing market
11 February 2019
Genworth Mortgage Insurance Australia’s net profit fell by almost half last year to $75.7 million, hit by tighter credit standards, interest rate rises and the moderating housing market…
Hailstorm dents CBA’s insurance profits
11 February 2019
Commonwealth Bank’s insurance income dropped 39% in the December half due to the Sydney hailstorm and other weather events in NSW and Victoria…
Exchange offers cryptocurrency cover
11 February 2019
Cryptocurrency exchange Independent Reserve has introduced insurance for currency theft or loss suffered by its clients…
Aon joins Claim Central in strategic alliance
11 February 2019
Sydney-based insurtech Claim Central has formed an alliance with Aon to digitise its claims management capabilities and improve customer experience…
QBE names Asia CEO
11 February 2019
QBE has appointed Jason Hammond as CEO for its Asian operations…
Emergence opens Victorian branch
11 February 2019
Emergence today announced the opening of its Melbourne office, widening the specialist cyber-underwriting agency’s national network…
Hollard targets broker SME market with new brand
04 February 2019
Hollard today unveils a new commercial insurance brand to drive its ambitious SME growth targets…
Insurance News welcomes new shareholder
04 February 2019
Marketing company The Lead Agency has taken up a significant shareholding in Insurance News Pty Ltd…
Steadfast invests in Indigenous-owned broker
04 February 2019
Steadfast hopes to help the Aboriginal population by investing in Indigenous-owned brokerage Origin Insurance Brokers…
AUB expands in NZ as new CEO prepares to join
04 February 2019
Former Cover-More chief Mike Emmett will become CEO of AUB Group next month as the company continues to make strategic acquisitions, expanding in New Zealand with its largest deal to date…
Marsh execs visit ahead of JLT merger
04 February 2019
Senior executives from Marsh & McLennan have visited Australia as they finalise the acquisition of broker JLT…
New WTW chief flags ‘more to do’ on broking growth
04 February 2019
New Willis Towers Watson Head of Australasia Simon Weaver aims to grow the company’s broking business as he takes over from Andrew Boal…
Insurance House picks up excess for drought-hit farmers
04 February 2019
Insurance House has pledged to pay claims excesses for any eligible client under its drought relief program…
McLardy McShane opens WA branch
04 February 2019
Melbourne-based brokerage McLardy McShane has continued its national expansion with the addition of a Perth branch…
IAG and Suncorp retain S&P ratings
04 February 2019
S&P Global Ratings has maintained its “A” issuer credit rating on IAG and Suncorp, with the outlook remaining stable for both insurers…
Regis Mutual recruits country CEO
04 February 2019
Regis Mutual Management has appointed former Willis Re MD Ty Birkett as CEO of the group in Australia and its offshoot Unimutual…
Insurtech wins Zurich pilot backing
04 February 2019
Australian start-up Soldier.ly has shared third place in Zurich’s inaugural Innovation World Championship for insurtechs…