Steadfast hails ‘excellent’ year
27 August 2018
Broker network Steadfast has reported a 13.6% rise in statutory net profit to $75.9 million for the year to June 30, powered by organic growth and contributions from acquisitions…
Corporate
PSC ‘well placed’ as profits climb
27 August 2018
PSC Insurance Group has posted a 39% rise in statutory after-tax net profit to $27.8 million for last financial year, underpinned by strong organic growth and contributions from acquisitions…
Insurtech Evari opens London office
27 August 2018
Evari has set up a London office to oversee growth in the UK, Europe and US…
Gow-Gates expands into Canberra
27 August 2018
Sydney brokerage Gow-Gates Group has opened an office in Canberra to support ACT clients and expand distribution networks…
Gallagher to advise logistics industry body
27 August 2018
Gallagher has sealed a deal to offer risk management advice and solutions to Supply Chain & Logistics Association of Australia members…
QBE profit climbs on Australian price rises
20 August 2018
QBE’s first-half profit grew 4% to $US358 million as it pushed through price rises and quit underperforming areas…
Harmer hails ‘solid’ IAG figures, despite profit slip
20 August 2018
IAG has reported net profit of $923 million for the year to June 30, down 0.6% on the previous year…
Sedgwick rubber-stamps CEO switch
20 August 2018
US-based claims manager Sedgwick has confirmed the appointment of Cunningham Lindsey Australia CEO Diego Ascani…
Insurers at top of ‘most generous donors’ list
20 August 2018
Three general insurers are among Australia’s 10 most generous corporate donors, according to a new report…
Acting iSelect chief takes contract to 2020
20 August 2018
iSelect’s Interim CEO Brodie Arnhold has been appointed to the top job for up to two years, to continue driving turnaround plans…
Data-driven specialist pops up in Sydney
20 August 2018
A new specialist insurance group has been established in Sydney, promising to use data insights and technology to develop more personalised products…
QBE partners with climate risk predictor
20 August 2018
QBE has announced a partnership with Jupiter, a US-based leader in predicting and managing climate risk…
Emergence expands cyber cover
20 August 2018
Specialist cyber underwriting agency Emergence has updated its policy document to expand coverage in response to growing digital threats…
Genworth names board replacements
20 August 2018
Hollard Insurance Chairman Duncan West and former PartnerRe group legal counsel Christine Patton will join Genworth Mortgage Insurance as non-executive directors next month…
Cunningham Lindsey shake-up brings shock CEO exit
13 August 2018
Asia-Pacific CEO Damon Bennett will leave Cunningham Lindsey, despite having been confirmed in the position just weeks ago…
StarStone heads new casualty offering
13 August 2018
Global specialty insurer StarStone has established a casualty consortium targeted at the Australian and New Zealand markets…
Suncorp hails ‘momentum’ despite profit dip
13 August 2018
Suncorp’s net profit declined 1.5% to $1.06 billion last financial year, but the company says the second half improved sharply on the first and business investments will drive stronger results…
Symetri result leaves Stream fearing for earnout
13 August 2018
Claims services company Stream has announced “highly disappointing” first-half results for its former New Zealand business Symetri…
Chubb, Swiss Re join forces on flight delay cover
13 August 2018
Chubb has partnered with Swiss Re, data supplier FlightStats and United Networks to provide insurance that automatically pays $100 for flight delays as short as 30 minutes…
5Star takes up Sura brand
13 August 2018
Motor dealership underwriter 5Star Underwriting has rebranded as Sura Motor Dealers…