The Broker
Marsh McLennan on top as global broking revenues climb
06 June 2024
Global fees and commissions earned from insurance broking rose 11.3% to $US168 billion ($252 billion) last year, consultancy Insuramore says...
Queensland brokerage Rivers buys IOOF
06 June 2024
Rivers Insurance Brokers has acquired IOOF Insurance Brokers from Insignia Financial...
New Javln board member eyes ‘big wins’
06 June 2024
David Leach has joined the board at insurtech Javln, which says rapid growth is “helping to attract high-calibre talent”...
CFC’s fintech offer gets a glow up
06 June 2024
Cyber specialist CFC has revamped its fintech insurance and will host a webinar detailing the product next month...
Aon names new financial chief
06 June 2024
Global broker Aon has appointed Edmund Reese as CFO...
Ausure on the lookout for more broker partners
06 June 2024
Steadfast-backed Ausure is looking to add to its network nationwide as demand for risk management advice grows...
Gallagher scores Rugby Australia partnership
06 June 2024
Gallagher will be the official insurance broking partner for Rugby Australia in a deal running until 2026...
Broker in the clear over $10,000 slip of the pen
30 May 2024
A broker who sent a renewal notice incorrectly listing a boat’s market value at $10,000 above the insured sum has won a compensation dispute...
Commissions transparency critical, ICA chief says
30 May 2024
Insurance Council of Australia CEO Andrew Hall says transparency around broker commissions is “critically important” as community expectations evolve...
NIBA opens submissions for mentoring program
30 May 2024
The National Insurance Brokers Association has opened applications for its annual mentoring program, running from August 21 to November 6...
CHU, pricing cycle shape as headaches for Steadfast, Macquarie says
30 May 2024
Steadfast faces revenue headwinds in the next two financial years, putting pressure on the company to accelerate mergers and acquisitions in the US, Macquarie Equity Research says...
Bellrock adds to construction expertise
30 May 2024
Bellrock says construction risk specialists Simon Gray and Carina Bogaard have joined the business...
Kell to head AFCA advisory panel
30 May 2024
Former Australian Securities and Investments Commission deputy chair Peter Kell will lead the Australian Financial Complaints Authority’s consumer advisory panel...
Ansvar overhauls tech
30 May 2024
Faith-based insurer Ansvar is undertaking a major modernisaton of its technology, particularly in the areas of data protection and regulatory compliance...
Dual appoints emerging products head
30 May 2024
Underwriting agency Dual Group has hired Scott Sayce to take the newly created role of emerging products head...
AUB eyes 'mutual benefits’ for brokers under financial lines agency purchase
23 May 2024
AUB says its acquisition of a 70% stake in Pacific Indemnity will support its broking business as a core earnings contributor to the listed intermediary group...
Broker pays price for non-disclosure after client’s claims rejected
23 May 2024
PSC Connect will compensate a business owner whose insurer denied three motor claims and cancelled his policy because his driving and bankruptcy histories had not been disclosed...
Gallagher buys Perth broker
23 May 2024
Gallagher has made another acquisition in WA following its purchase of Perth mining specialist Ansin Insurance Brokers earlier this year...
NIBA floats fire levy bump for ‘extreme risk’ properties
23 May 2024
The National Insurance Brokers Association has suggested high-risk commercial and industrial properties pay more under NSW’s emergency services funding revamp that will remove the levy on insurance...
Code committee issues guide to helping vulnerable clients
23 May 2024
The Insurance Brokers Code Compliance Committee has produced a five-point guide to identifying and assisting vulnerable clients...