The Broker
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...
Tasmania pauses fire levy reform as election called
15 February 2024
The Tasmanian Government has halted work on a new funding model for the state’s fire and emergency services after last year proposing reforms that included abolishing a levy on business insurance policies...
Liberty-backed lawyers’ PI product to launch in NSW
15 February 2024
US insurer Liberty Specialty Markets has provided security for the launch of a professional indemnity insurance product for NSW lawyers...
Nominations open for NIBA broker of the year awards
15 February 2024
Nominations have opened for this year’s National Insurance Brokers Association broker of the year and young broker of the year awards...
Victoria’s Remingtons branches out into Queensland
15 February 2024
Ballarat-based Remingtons Insurance Brokers has expanded, opening offices in Brisbane and Noosa...
Code committee hosts compliance statement webinar
15 February 2024
The Insurance Brokers Code Compliance Committee will host a webinar on February 28 to help brokers complete their annual compliance statement...
CFC unveils free cyber education tool
15 February 2024
Cyber insurance specialist CFC has launched a free online seminar to help Australian brokers start conversations with clients and sell the cover...
Commercial rates tipped to fall after flatlining in Q4
08 February 2024
Insureds are in the “driver’s seat” as commercial price rises continue to moderate, global broker Marsh says, as its latest market update shows Australian renewal rates weakened further in the fourth quarter of last year...
NIBA starts search for new CEO
08 February 2024
The National Insurance Brokers Association is looking for a new CEO after the resignation of Phil Kewin...
Industry warns of tricky transition as cheque phaseout begins
08 February 2024
The Insurance Council of Australia is working closely with the National Insurance Brokers Association to find a long-term solution for broker clients as the nation prepares to ditch cheques...
Watchdog rejects claim of strata broker commission ‘conflict’
08 February 2024
A broker has been cleared by the Australian Financial Complaints Authority after a former client alleged it recommended insurance that offered a higher commission rather than better coverage, deliberately delayed the claims process and failed to fulfil its professional duties...
insurance.com.au rolls out business cover for a 'fast-paced' age
08 February 2024
insurance.com.au has launched a new business package with options including building and contents cover, liability and business interruption, plus covers for theft, accidental loss of tools and equipment breakdowns...
Howden revenue climbs as acquisitions boost key markets
08 February 2024
Howden says revenue grew 33% to £2.44 billion ($4.71 billion) last financial year as it strengthened its position globally with acquisitions in countries including Australia and New Zealand...
Market Lane builds Barn in New Zealand
08 February 2024
Market Lane Insurance Group has expanded into New Zealand, opening a business in Christchurch...
Hutch to unveil PI product
08 February 2024
Hutch Underwriting will enter the financial lines market with the launch of a professional indemnity offering...
McLardy McShane promotes partnerships manager
08 February 2024
McLardy McShane Insurance Brokers has named Richard Davies as National Manager for AR Networks and Partnership...
NIBA names date for conference in Adelaide
08 February 2024
The National Insurance Brokers Association will host its annual three-day conference in Adelaide from October 20 to 22...
Strata group rejects ACIL concerns over best practice guidelines
14 December 2023
Strata Community Association has rejected criticisms from the Australian Consumers Insurance Lobby in the wake of the release of a new best practice guide around remuneration disclosure...
IBCCC recommends actions to improve code compliance
14 December 2023
The Insurance Brokers Code Compliance Committee has encouraged subscribers to be as transparent as possible around remuneration and has suggested processes for complaints handling...