insuranceNEWS.com.au https://www.insurancenews.com.au/ General insurance and financial services news from Australia and around the world en-au admin@insurancenews.com.au Copyright 2020 Ben Bessell to leave IAG https://www.insurancenews.com.au/breaking-news/ben-bessell-to-leave-iag https://www.insurancenews.com.au/breaking-news/ben-bessell-to-leave-iag Group Executive Ben Bessell will leave IAG at the end of March, the insurer announced today...

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Tue, 21 Jan 2020 10:15:00 +1100
Underinsurance fears flagged as bushfire losses hit $1.34 billion https://www.insurancenews.com.au/breaking-news/underinsurance-fears-flagged-as-bushfire-losses-hit-1-34-billion https://www.insurancenews.com.au/breaking-news/underinsurance-fears-flagged-as-bushfire-losses-hit-1-34-billion Insurance industry sources have warned that significant numbers of bushfire-affected homeowners could be underinsured, and that the issue could develop into a political storm...

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Tue, 14 Jan 2020 15:35:00 +1100
Zurich ends agreement with Blue Zebra https://www.insurancenews.com.au/breaking-news/zurich-ends-agreement-with-blue-zebra https://www.insurancenews.com.au/breaking-news/zurich-ends-agreement-with-blue-zebra Blue Zebra is exploring opportunities with South African owned insurer Youi, after Zurich announced it will cease providing security for the underwriting agency...

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Mon, 13 Jan 2020 13:02:00 +1100
Gallagher brings in Katherine Simmonds as Head of Corporate https://www.insurancenews.com.au/breaking-news/gallagher-brings-in-katherine-simmonds-as-head-of-corporate https://www.insurancenews.com.au/breaking-news/gallagher-brings-in-katherine-simmonds-as-head-of-corporate Gallagher Australia has appointed Katherine Simmonds, most recently with Willis Towers Watson, as Head of Corporate...

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Mon, 13 Jan 2020 12:58:00 +1100
Bushfire losses set to pass $1 billion https://www.insurancenews.com.au/breaking-news/bushfire-losses-set-to-pass-1-billion https://www.insurancenews.com.au/breaking-news/bushfire-losses-set-to-pass-1-billion Insured losses from the ongoing bushfire catastrophe which has devastated areas of NSW, Victoria, Queensland and SA have reached $939 million, and are still rising...

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Fri, 10 Jan 2020 10:58:00 +1100
Bushfire crisis: insurers meet Treasurer as losses hit $700 million https://www.insurancenews.com.au/breaking-news/bushfire-crisis-insurers-meet-treasurer-as-losses-hit-700-million https://www.insurancenews.com.au/breaking-news/bushfire-crisis-insurers-meet-treasurer-as-losses-hit-700-million A general insurance industry delegation met Federal Treasurer Josh Frydenberg today to discuss the response to the ongoing bushfire catastrophe...

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Tue, 07 Jan 2020 16:23:00 +1100
Townsend leaves AIG https://www.insurancenews.com.au/breaking-news/townsend-leaves-aig https://www.insurancenews.com.au/breaking-news/townsend-leaves-aig AIG’s International General Insurance CEO Chris Townsend has left the company to pursue other opportunities...

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Tue, 07 Jan 2020 15:33:00 +1100
AUB drops Coverforce takeover plan https://www.insurancenews.com.au/breaking-news/aub-drops-coverforce-takeover-plan https://www.insurancenews.com.au/breaking-news/aub-drops-coverforce-takeover-plan AUB has abandoned its plan to acquire Coverforce Holdings after failing to gain access to key documents required to finalise the deal...

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Mon, 09 Dec 2019 09:18:00 +1100
AIG names new Australia CEO https://www.insurancenews.com.au/breaking-news/aig-names-new-australia-ceo https://www.insurancenews.com.au/breaking-news/aig-names-new-australia-ceo AIG has appointed Fairfax Financial executive Nigel Fitzgerald as CEO Australia, taking over from Noel Condon who will leave the business...

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Fri, 08 Nov 2019 15:03:00 +1100
Former Dual claims manager gets 9.5 years' jail https://www.insurancenews.com.au/breaking-news/former-dual-claims-manager-gets-9-5-years-jail https://www.insurancenews.com.au/breaking-news/former-dual-claims-manager-gets-9-5-years-jail Former Dual Australia claims manager Josie Gonzalez has been sentenced to 9.5 years in jail and her husband Alvaro to 7.5 years for defrauding the underwriting agency of $17.4 million...

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Fri, 18 Oct 2019 11:08:00 +1100