Ensurance divests retail brokerage
30 July 2018
Ensurance will sell its domestic retail brokerage business, Savill Hicks, to SHC Insurance for $4.1 million in a cash-and-share deal…
Corporate
CBL liquidation hearing put back
30 July 2018
The Reserve Bank of New Zealand’s application to liquidate CBL Insurance will be heard in court next Thursday, instead of today…
Lockton recruits for energy expansion
30 July 2018
Lockton Companies Australia has appointed Steve McWhirter to lead an expansion into the energy sector…
IAG produces climate change action plan
23 July 2018
IAG has outlined a series of actions it will take to help address climate change, including holding senior managers accountable...
AIG seals $7.5 billion Validus deal
23 July 2018
AIG has completed its $US5.56 billion acquisition of Bermuda-based (re)insurer Validus Holdings…
New broker Collective seeks strata manager JVs
23 July 2018
Collective Insurance Brokers plans to tap rising demand for specialist expertise in the growing strata sector, using a shared-equity model…
Cover-More buys UK intermediary
23 July 2018
Zurich-owned travel insurer Cover-More has acquired British niche insurance intermediary Blue Insurance…
Fitch puts watch on NZ insurer
23 July 2018
New Zealand-based Credit Union Insurance’s insurer financial strength rating has been placed on “negative watch” by Fitch…
Tower signs car sales deal for write-offs
23 July 2018
Vehicle dealer Turners Cars will manage logistics and sales for vehicles written off by Tower Insurance in New Zealand, under a three-year agreement announced today…
Axa opens global service to Australian customers
16 July 2018
Axa Corporate Solutions has unveiled its suite of insurance offerings and support services in the Australasian market for clients with global operations…
CBL probe reveals possible breaches as chairman quits
16 July 2018
CBL Corporation may have violated corporate and regulatory laws, the Financial Markets Authority (FMA) has found…
Hollard adds ex-Allianz risk chief to board
16 July 2018
Former Allianz chief risk officer and chief actuary Noeline Woof has joined Hollard as a non-executive director…
Gallagher outlines specialist focus following acquisition
16 July 2018
Gallagher says specialist lines are a priority for the business and further acquisitions could follow the Milne Alexander deal…
WTW fills regional broking roles
16 July 2018
Willis Towers Watson has promoted Trent Williams to Head of Broking Australasia and Juan Florez to Head of Carrier Management Asia-Pacific…
Suncorp to unite staff at Brisbane HQ
16 July 2018
Suncorp will consolidate its Brisbane workforce in one building from 2022, moving to 80 Ann Street in the city…
Lloyd’s puts Bridge platform to test
16 July 2018
Lloyd’s has introduced its Bridge digital distribution platform to Australia, under a pilot that also includes New Zealand and the UK…
IAG’s top lawyer to depart
16 July 2018
IAG’s Group General Counsel Chris Bertuch will leave the insurer in September…
Zurich simplifies broker platform
16 July 2018
Zurich has revamped its Z.Stream trading platform following feedback from brokers seeking property, liability and fleet motor covers…
Agile moves into PI space
16 July 2018
Insurtech Agile Underwriting Services has entered the financial lines market with the introduction of Lloyd’s-backed professional indemnity insurance…
McLarens recruits for new Perth office
16 July 2018
Global loss adjuster McLarens has hired Desmond Lee as Executive Loss Adjuster for its new Perth office…