insuranceNEWS.com.au - The Broker

Strata scrutiny ‘pushes fee pressure onto brokers’

Thu, 12 Dec 2024 00:29:07 GMT

Steadfast and AUB may experience downward pressure on strata commissions amid heightened regulatory scrutiny, Morningstar says...

Policyholder wins row over tax credit deduction

Thu, 12 Dec 2024 00:28:58 GMT

The complaints authority has found an insurer was not entitled to deduct an input tax credit from a commercial vehicle payout, citing the policy’s lack of clarity...

Industry’s ‘masters’ offer advice on Facebook forum

Thu, 12 Dec 2024 00:27:40 GMT

An insurance mentoring group has launched on Facebook to support brokers and address a shortage of training and guidance for those new to the industry...

FM urges ‘wise investment’ in bushfire prevention

Thu, 12 Dec 2024 00:26:48 GMT

Commercial property insurer FM has shared bushfire risk reduction tips for brokers and their customers in preparation for the danger season...

NIBA meets with NSW minister, opposition in advocacy push

Thu, 12 Dec 2024 00:26:29 GMT

The National Insurance Brokers Association has shared its members’ concerns around strata, regulatory developments and other matters with NSW politicians and regulators...

CFC appoints cyber contact for intermediaries

Thu, 12 Dec 2024 00:25:52 GMT

Michael Lewis has been appointed CFC cyber development manager for Australia, acting as a dedicated point of contact for brokers...

Gallagher to buy US broker for $21 billion

Wed, 11 Dec 2024 23:51:13 GMT

Global broker Gallagher has agreed to buy Florida group AssuredPartners for $US13.45 billion ($21 billion)...

British brokers look to future with ‘fresh perspective’

Wed, 11 Dec 2024 23:31:13 GMT

“A new era” is the theme for next year’s British Insurance Brokers’ Association Conference...

NIBA welcomes NSW discussions on strata commissions

Thu, 05 Dec 2024 01:24:39 GMT

The National Insurance Brokers Association has thanked NSW Fair Trading for organising a strata forum where the future of commission-sharing was discussed...

ICA sets out strata challenges, solutions

Thu, 05 Dec 2024 01:24:28 GMT

The Insurance Council of Australia has published a paper detailing the complexities of strata insurance and ways to improve consumer outcomes, including through greater transparency on fees and commissions...

IAG keeps focus on intermediated margins after earnings boost

Thu, 05 Dec 2024 01:24:17 GMT

IAG’s intermediated division head says the business is well placed to achieve profitability gains in a softer price environment after beating an earnings target last financial year...

Brokers seek ‘right balance’ on simple advice

Thu, 05 Dec 2024 01:23:31 GMT

The next wave of advice reforms must “strike the right balance” to ensure better consumer outcomes and affordability, the National Insurance Brokers Association says...

Tributes paid to former WA broker and NIBA director

Thu, 05 Dec 2024 00:56:47 GMT

Former broker Simon McKeown died this week after a battle with cancer...

Argyle secures ‘transformative’ investment

Thu, 05 Dec 2024 00:53:07 GMT

Digital underwriting agency Argyle Insurance says it has secured a strategic investment from global firm Correlation, providing capital for its next phase of growth...

Gallagher acquires NSW transport specialist

Thu, 05 Dec 2024 00:50:42 GMT

Global broking group Gallagher has acquired NSW-based Hann Insurance Brokers for an undisclosed amount...

Aon seeks new regional leader after exec’s promotion

Thu, 05 Dec 2024 00:37:50 GMT

Aon Asia-Pacific CEO Anne Corona will take up a global role from next month, with the company to appoint a new regional head...

CFC makes case for ‘neighbourhood watch’ approach to cyber

Thu, 05 Dec 2024 00:36:51 GMT

CFC says having cyber protection can be like living in a “lovely exclusive neighbourhood” where the risk of crime is vastly reduced...

Association schedules state lunches

Thu, 05 Dec 2024 00:36:30 GMT

The National Insurance Brokers Association has announced the dates for next year’s state gala lunches...

Profession’s varying pathways should be talent drawcard: Aon

Thu, 28 Nov 2024 01:21:51 GMT

The broking industry should promote its rare ability to offer varied role rotations, which is “a real advantage” over other employment sectors, Aon says...

Premium inquiry’s Labor members push for strata action

Thu, 28 Nov 2024 01:06:34 GMT

The federal government should consider the adequacy of the insurance disclosure regime for strata managers and brokers, Labor members of a Senate committee inquiry say...