Australian Seniors opens branch
19 November 2018
Australian Seniors Insurance Agency has opened a branch in Castle Hill, NSW…
Corporate
AUB starts capital drive to support acquisitions
12 November 2018
AUB Group today announced a $116 million capital raising to support acquisitions, organic growth and debt repayment…
AUB aims to grow Adroit
12 November 2018
AUB Group is focused on growing Victorian brokerage Adroit Insurance & Risk after agreeing to acquire a majority stake in the business…
Ownership change gives Assetinsure ‘certainty’
12 November 2018
Assetinsure CEO Gregory Pfitzer has welcomed the move by CBL Corporation’s administrators to sell the surety bond insurer to a holding company co-ordinated by long-time business partner, Lombard Insurance…
QBE backs SME cyber-risk start-up
12 November 2018
QBE has invested in Zeguro, a US start-up specialising in cyber-risk solutions for SMEs…
RACQ Insurance takes pet cover national
12 November 2018
RACQ Insurance will underwrite pet cover for fellow mutual National Seniors Australia, an advocate body that offers services including insurance to its 130,000-plus members…
GB buys Perth risk manager
12 November 2018
Claims manager Gallagher Bassett has bought Aurenda, a specialist worker injury risk management group, giving the company its first presence in Perth…
Ensurance introduces UK cyber product
12 November 2018
Ensurance UK has launched a cyber-cover product for the London market, underwritten by global specialist insurer Beazley…
Zurich holds insurtech world cup
12 November 2018
Zurich is hosting a global competition for insurtechs to showcase their innovations in financial planning and four other categories…
Johns Lyng expands in Tasmania
12 November 2018
Building contractor Johns Lyng Group has acquired Hobart company Dynamic Constructions and Landscapes as part of a national expansion program…
QBE restructure is a ‘first step’ in wider shake-up
05 November 2018
QBE’s carve-up of its Asia-Pacific division is the first stage in a larger “cost-out” announcement to be made next month, analysts say…
Equity group buys key stake in McLarens
05 November 2018
Private equity ownership of loss-adjuster McLarens has changed hands, with Lee Equity Partners acquiring a key holding from Altamont Capital…
PSC eyes growth at home and abroad
05 November 2018
PSC Insurance Group sees good growth opportunities in Australia and says the UK will remain a focus as it expands through acquisitions and existing business…
CHU service speeds aid to hosed-off strata owners
05 November 2018
Strata insurer CHU says a post-disaster recovery service it launched this year is proving its worth to clients…
Lion Underwriting expands in marine
05 November 2018
Lion Underwriting has appointed William Rich as Portfolio Manager – Marine and has also secured capacity from underwriters at Lloyd’s to underpin the expansion…
Westpac’s insurance revenue rises
05 November 2018
Westpac’s general insurance income increased to $181 million last financial year from $158 million the previous year…
Ensurance expands UK product line
05 November 2018
Ensurance has entered three partnerships to expand its specialist construction and engineering offerings in the UK – a key growth market for the Australian-listed insurance group…
Singapore underwriter eyes Australian market
05 November 2018
Singapore-based Criterion Underwriting opened for business last week and has revealed plans to expand to Australia…
Housing fall raises Genworth’s loss ratio estimate
05 November 2018
Genworth Mortgage Insurance Australia predicts its loss ratio this year will be higher than previously expected, due to a deteriorating housing market…
IAG bolsters climate change plan
29 October 2018
IAG has strengthened its climate action plan, introducing milestones for the next three years and a scorecard for responsible executives…