The Broker
Howden teams up with sports charity
07 March 2024
Howden has announced a three-year partnership supporting charity group Reclink Australia’s sporting and recreational activity program for disadvantaged people...
‘An absolute farce’: brokers hit out as more insurers cut commissions
29 February 2024
IAG-owned CGU has moved to cut commissions on personal lines products and extended the measure to its standalone liability portfolios, and Allianz is doing the same with its home and landlord offerings...
Suncorp sees ‘real opportunity’ in Vero after strong first half
29 February 2024
Suncorp aims to grow its business in the intermediated space via its Vero brand, which distributes commercial products exclusively through brokers and authorised agents...
Broker helps resolve four-year battle over dodgy roof repairs
29 February 2024
A broker has helped a rural client gain compensation after their insurer carried out poor-quality repairs to a hail-damaged roof...
ACCC ‘continuing to engage’ on strata issues
29 February 2024
The Australian Competition and Consumer Commission says it is examining lobby group information that highlights poor conduct by some strata managers in arranging insurance...
‘No more laissez-faire’: Steadfast predicts pricing discipline from insurers
29 February 2024
Steadfast Group CEO Robert Kelly expects insurers to maintain pricing discipline after the company saw a continuation of hard market conditions in its first half...
Marsh names Pacific FINPRO lead
29 February 2024
Marsh has expanded FINPRO Chief Client Officer Jason Howard’s role, appointing him FINPRO Risk Management Leader, Pacific...
Ex-JLT executive to become Baptist Insurance chief
29 February 2024
Former JLT executive Bronson Justus has announced his appointment as Baptist Insurance Services CEO...
Allianz names new fleet underwriting head
29 February 2024
Allianz Australia has appointed industry veteran Greg Steel as its Head of Motor Fleet Underwriting...
CGU reviews personal lines commissions
22 February 2024
IAG's CGU expects to decide “very soon” whether to adjust personal lines commission rates to ease premium pressure on customers...
QBE positive on SME as perils exposure reduces
22 February 2024
QBE says SME package business sold through brokers in Australia is a key area of opportunity for the insurer, which has refined its group-wide portfolio as it seeks less volatile earnings...
Steadfast unveils ‘innovative’ broker portal
22 February 2024
Steadfast Underwriting Agencies has launched the Simplafy Connect personal lines platform to cater for high net worth clients...
PSC targets further growth for trading platform
22 February 2024
PSC Insurance Group says its bot-enabled APEX trading system has facilitated the placement of more than $136 million in gross written premium for over 81,500 individual policies since its launch last June...
Push for more scrutiny on strata sector broker appointments
22 February 2024
The Australian Consumers Insurance Lobby has called for improved oversight of the way strata managers appoint brokers, amid concerns property owners are being kept in the dark about changes that sharply increase fees and commissions...
AUB bullish after first-half result
22 February 2024
AUB Group’s broking and agencies businesses performed well in the first half, while its New Zealand broking operations achieved a “strong turnaround”, MD Michael Emmett says...
Specialists team up on legal cover for drivers
22 February 2024
Legal expense insurance specialist Arag Services Australia has launched a product for drivers that is “like having a lawyer at your disposal”...
Cyber threat dominates Aon risk survey
22 February 2024
Cyber breaches and regulatory change have been identified as the top threats to Australian businesses in Aon’s latest Global Risk Management Survey...
NIBA industry recruitment website goes live
22 February 2024
The National Insurance Brokers Association has launched a website for its Insure Your Future scheme, which focuses on easing the transition into the industry for new and prospective brokers...
Agile’s new syndicate aims to ‘fix broker problems’
15 February 2024
Agile Underwriting’s new Lloyd’s syndicate, due to launch in April, could give Australian brokers access to much-needed capacity and products, sources say...
Broker to pay compensation, apologise over storm claim
15 February 2024
The Australian Financial Complaints Authority has ordered a broker to pay $1250 compensation and apologise for failures in chasing up a claim that was lodged after several units were damaged in a storm and flooding...