The Broker

Arch Insurance launches cyber practice 

09 November 2023

Arch Insurance Australia announced today the launch of a cyber practice that will offer excess and primary insurance products to brokers and clients in the mid-market and large corporate segments...

Chubb to grow high-net-worth cover uptake in NZ 

09 November 2023

Chubb plans to replicate Australian success with its Masterpiece insurance product in New Zealand, the insurer’s new Head of International Personal Lines for the two countries Angela Capponi says...

Code compliance report calls for remediation improvements 

02 November 2023

The Insurance Brokers Code Compliance Committee says subscribers need to improve the quality and efficiency of breach remediation activities, raising concerns about survey data showing a “concerning lack of detail” about actions taken...

Markel targeting brokers after key appointments made 

02 November 2023

Markel has written some business with its broker partners since the launch of its Australian operations a few weeks ago and will ramp up its activities next year, having already filled most of the local leadership positions...

‘More than a broker’: NIBA President urges industry to embrace advisory role 

26 October 2023

Addressing the theme of the National Insurance Brokers Association Convention “Reimagine – Think Differently”, NIBA President Gary Okely highlighted potential limitations around perceptions of the term “broker”, arguing that the modern intermediary offers a much broader range of risk advisory services to clients...

Brokerage raises generative AI concerns 

26 October 2023

Honan has flagged dangers of using generative artificial intelligence tools such as ChatGPT to provide advice to customers, citing potential impact on insurance coverage...

Making a difference in a hard market: broker to the rescue on school camps 

26 October 2023

In the current hard market, a broker can make the world of difference for businesses finding it tough to secure insurance. For one school camp park operator, whose insurance struggle was mentioned in a recent ABC News article, the business is now able to host camping activities after a broker referral...