insuranceNEWS.com.au - The BrokerGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auSteadfast considers home commissions as affordability pressures bitehttps://www.insurancenews.com.au/the-broker/steadfast-considers-home-commissions-as-affordability-pressures-bitehttps://www.insurancenews.com.au/the-broker/steadfast-considers-home-commissions-as-affordability-pressures-bite<p>Steadfast will give further consideration to broker commission levels on home insurance as many residents struggle with rising costs...</p>Thu, 03 Apr 2025 01:21:12 GMT‘We were starting to be recognised’: Tresidder excited at Gallagher dealhttps://www.insurancenews.com.au/the-broker/we-were-starting-to-be-recognised-tresidder-excited-at-gallagher-dealhttps://www.insurancenews.com.au/the-broker/we-were-starting-to-be-recognised-tresidder-excited-at-gallagher-deal<p>Brad Tresidder says his working life is far from over after sealing a major deal for his eponymous broking business...</p>Thu, 03 Apr 2025 01:19:11 GMTAllianz names broker partnerships leadhttps://www.insurancenews.com.au/the-broker/allianz-names-broker-partnerships-leadhttps://www.insurancenews.com.au/the-broker/allianz-names-broker-partnerships-lead<p>Allianz Commercial Australia has promoted John Whealans to the role of broker partnerships head...</p>Thu, 03 Apr 2025 01:18:59 GMTNIBA sees ‘international best practice’ at US intermediary conferencehttps://www.insurancenews.com.au/the-broker/niba-sees-international-best-practice-at-us-intermediary-conferencehttps://www.insurancenews.com.au/the-broker/niba-sees-international-best-practice-at-us-intermediary-conference<p>The National Insurance Brokers Association says it gained &ldquo;critical insights&rdquo; on issues facing the global industry at a recent intermediary conference in the US...</p>Thu, 03 Apr 2025 01:18:52 GMTClover hopes to relaunch home product soonhttps://www.insurancenews.com.au/the-broker/clover-hopes-to-relaunch-home-product-soonhttps://www.insurancenews.com.au/the-broker/clover-hopes-to-relaunch-home-product-soon<p>Tech-focused underwriting agency Clover says it is close to finding new capacity for its popular home and landlords product, as it continues to grow across other lines...</p>Thu, 03 Apr 2025 01:17:32 GMTHowden appoints specialty leaderhttps://www.insurancenews.com.au/the-broker/howden-appoints-specialty-leaderhttps://www.insurancenews.com.au/the-broker/howden-appoints-specialty-leader<p>Michael Herron has joined Howden in Sydney as head of specialty...</p>Thu, 03 Apr 2025 01:16:55 GMTShieldCover offers ‘easy-to-manage’ product for care workershttps://www.insurancenews.com.au/the-broker/shield-cover-offers-easy-to-manage-product-for-care-workershttps://www.insurancenews.com.au/the-broker/shield-cover-offers-easy-to-manage-product-for-care-workers<p>Underwriting agency ShieldCover has launched a product designed for care workers and registered National Disability Insurance Scheme contractors...</p>Thu, 03 Apr 2025 01:13:30 GMTCFC refines cyber coverage, drops exclusions after broker feedbackhttps://www.insurancenews.com.au/the-broker/cfc-refines-cyber-coverage-drops-exclusions-after-broker-feedbackhttps://www.insurancenews.com.au/the-broker/cfc-refines-cyber-coverage-drops-exclusions-after-broker-feedback<p>CFC has launched a product called Cyber Proactive Response aimed at businesses with annual revenues up to $250 million...</p>Thu, 03 Apr 2025 01:13:12 GMTNo-compete ban, no problem, but brokers stand by non-solicitation clauseshttps://www.insurancenews.com.au/the-broker/no-compete-no-problem-but-brokers-stand-by-non-solicitation-clauseshttps://www.insurancenews.com.au/the-broker/no-compete-no-problem-but-brokers-stand-by-non-solicitation-clauses<p>Brokers are mostly unfazed by the government&rsquo;s ban on non-compete clauses for low to middle earners but say non-solicitation clauses are &ldquo;imperative&rdquo; and must not be touched...</p>Thu, 27 Mar 2025 01:34:27 GMT‘Priorities have evolved’: time demands key to Fitzgerald exithttps://www.insurancenews.com.au/the-broker/priorities-have-evolved-time-demands-key-to-fitzgerald-exithttps://www.insurancenews.com.au/the-broker/priorities-have-evolved-time-demands-key-to-fitzgerald-exit<p>Steadfast COO Nigel Fitzgerald says he decided to leave the company&rsquo;s executive team and not pursue the top job given the potential travel demands and family considerations...</p>Thu, 27 Mar 2025 01:34:07 GMTArdonagh hails rising profits in ‘coming of age’ yearhttps://www.insurancenews.com.au/the-broker/ardonagh-hails-rising-profits-in-coming-of-age-yearhttps://www.insurancenews.com.au/the-broker/ardonagh-hails-rising-profits-in-coming-of-age-year<p>PSC owner Ardonagh has reported a significant profit increase for 2024, capping what CEO David Ross calls &ldquo;a terrific year&rdquo;...</p>Thu, 27 Mar 2025 01:33:55 GMTConvention smashes charity record as next year’s location revealedhttps://www.insurancenews.com.au/the-broker/convention-smashes-charity-record-as-next-year-s-location-revealedhttps://www.insurancenews.com.au/the-broker/convention-smashes-charity-record-as-next-year-s-location-revealed<p>A record $512,000 was raised for charity Free 3D Hands at the Steadfast Convention gala dinner on Tuesday night...</p>Thu, 27 Mar 2025 01:33:29 GMTChicken farmer wins business interruption disputehttps://www.insurancenews.com.au/the-broker/chicken-farmer-wins-business-interruption-disputehttps://www.insurancenews.com.au/the-broker/chicken-farmer-wins-business-interruption-dispute<p>A poultry farmer has secured a $100,000 increase to a storm-related business interruption payout, after the complaints authority found their insurer mishandled the claim and failed to justify a lower offer...</p>Thu, 27 Mar 2025 01:33:16 GMTNo soft market for Steadfast, Kelly sayshttps://www.insurancenews.com.au/the-broker/no-soft-market-for-steadfast-kelly-sayshttps://www.insurancenews.com.au/the-broker/no-soft-market-for-steadfast-kelly-says<p>The latest Marsh commercial index shows the composite rate falling 8% in the region and actuarial group Finity says &ldquo;we are well and truly in a soft market&rdquo; &ndash; but Steadfast CEO Robert Kelly does not agree...</p>Thu, 27 Mar 2025 01:32:56 GMT‘Great news’ for clients as NZ rates softenhttps://www.insurancenews.com.au/the-broker/great-news-for-clients-as-nz-rates-softenhttps://www.insurancenews.com.au/the-broker/great-news-for-clients-as-nz-rates-soften<p>Gallagher says commercial rates in the New Zealand market have softened, bringing relief for businesses after several years of rises...</p>Thu, 27 Mar 2025 01:32:28 GMTArch recruits senior underwriter from Chubbhttps://www.insurancenews.com.au/the-broker/arch-recruits-senior-underwriter-from-chubbhttps://www.insurancenews.com.au/the-broker/arch-recruits-senior-underwriter-from-chubb<p>Arch Insurance Australia has appointed Carey Sturgiss as professional indemnity senior underwriter for the southern region, covering Victoria, WA, SA and Tasmania...</p>Thu, 27 Mar 2025 01:31:54 GMTCall for rethink on ‘unfair’ terror pool pricinghttps://www.insurancenews.com.au/the-broker/call-for-rethink-on-unfair-terror-pool-pricinghttps://www.insurancenews.com.au/the-broker/call-for-rethink-on-unfair-terror-pool-pricing<p>A broker has criticised the way terrorism pool premiums are calculated and called for reform or even removal of the program...</p>Thu, 20 Mar 2025 00:39:06 GMTMarsh Pacific reports record year for M&A workhttps://www.insurancenews.com.au/the-broker/marsh-pacific-reports-record-year-for-m-and-a-workhttps://www.insurancenews.com.au/the-broker/marsh-pacific-reports-record-year-for-m-and-a-work<p>The Marsh Pacific team worked on a record number of mergers and acquisitions last year as activity increased after a slow start and demand rose for warranty and indemnity insurance...</p>Thu, 20 Mar 2025 00:38:44 GMTNIBA meets BIBA to discuss ‘common issues’https://www.insurancenews.com.au/the-broker/niba-meets-biba-to-discuss-common-issueshttps://www.insurancenews.com.au/the-broker/niba-meets-biba-to-discuss-common-issues<p>National Insurance Brokers Association CEO Richard Klipin and past president Gary Okely are in London to meet their UK counterparts...</p>Thu, 20 Mar 2025 00:38:19 GMTRural Affinity extends Munich Re tie-uphttps://www.insurancenews.com.au/the-broker/rural-affinity-extends-munich-re-tie-uphttps://www.insurancenews.com.au/the-broker/rural-affinity-extends-munich-re-tie-up<p>Underwriting agency Rural Affinity has extended its partnership with Munich Re Specialty...</p>Thu, 20 Mar 2025 00:38:09 GMT