The Broker
Brokers ‘should rethink sales strategy’ to bridge cyber gap
31 August 2023
Cybersecurity specialist Arctic Wolf says brokers who work to improve their knowledge of the cyber risk landscape will help secure necessary protections for uninsured clients wary of rising premiums...
CBN goes the distance to raise $42,000 for Foodbank
31 August 2023
Community Broker Network has raised $42,000 for food relief organisation Foodbank, through its inaugural charity challenge...
General outlook more positive for buyers after recent rate rises: Marsh
24 August 2023
Insurance buyers are generally facing a positive outlook for the second half of the year following a moderation of rate increases in most classes during the first half, Marsh says in a Mid-Year Market Update for Australia...
IAG intermediated business stems losses as ‘price discipline’ pays off
24 August 2023
IAG’s intermediated division has stemmed its losses, posting an insurance profit of $209 million for the year to June 30 after racking up a $103 million deficit in the prior 12-month period...
‘Biggest buys the best’: Honan chairman hails Marsh deal
24 August 2023
Honan Insurance Group Executive Chairman Damien Honan has welcomed the $700 million sale of the business his father founded in 1964...
AUB outlines plans for three key appointments
24 August 2023
AUB Group plans to appoint leaders to three new key positions in a reorganisation of its operating model following the landmark Tysers acquisition...
APEX platform about independence: PSC
24 August 2023
PSC Insurance Group has given more details about its new APEX insurance trading system, an online bot-supported platform it launched after leaving the Steadfast network at the end of May...
Tysers Live to boost AUB entertainment business
24 August 2023
AUB’s recently acquired UK-based Tysers business has launched a business unit dedicated to servicing the global entertainment industry...
NZ broker flags flood challenges as insurers consider standard definition
24 August 2023
New Zealand broker Crombie Lockwood says securing flood insurance coverage has become increasingly difficult after many insurers adopted a tougher underwriting approach following the Auckland catastrophe in January...
Bushfire liability market ‘continues to challenge’
24 August 2023
The global liability market for bushfire and wildfire related losses continues to provide challenging conditions as natural catastrophes increase, a new report says...
Elliott Insurance starts new journey as ‘green broker’
24 August 2023
Elliott Insurance has unveiled new branding as “The Green Broker” as it commits to climate-sustainable operations...
Steadfast earnings jump on rising prices, acquisitions
17 August 2023
Steadfast full-year underlying net profit rose 22.5% to $207 million driven by pricing and volume increases in the broking and underwriting agencies as well as contributions from acquisitions in the past two financial years...
Communication, greater oversight in focus in ASIC claims review
17 August 2023
An Australian Securities and Investments Commission review of home cover claims handling has called on insurers to improve their communications and to ensure they have better project management and oversight of parties involved in repairs throughout the process...
PSC shares thinking behind new APEX platform
17 August 2023
PSC Insurance Group has developed a new online platform called APEX for its brokers and network partners to source product pricing quotes from insurers and underwriting agencies...
New court date for Melbourne broker charged with fraud
17 August 2023
A Melbourne insurance broker charged with 17 counts involving the alleged misuse of millions of dollars of client money will next appear in court in April...
Aviso Broking expands Newcastle presence with AR acquisition
17 August 2023
Aviso Broking has acquired Scott Insurance Consulting, a transport-focused authorised representative of Resilium Insurance Broking...
Hutch Underwriting preparing to launch tradie cover
17 August 2023
Hutch Underwriting will launch a Trade Pack in the next few months as the business continues to grow since its launch last year, CEO Robin Johnson said...
Swimming with sharks: Steadfast CEO set for charity challenge
17 August 2023
Steadfast MD and CEO Robert Kelly will dive with sharks as part of this year’s CEO Dare to Cure, a charity fundraiser supporting the Children’s Cancer Institute...
NIBA calls on PI specialists for Quality of Advice Review feedback
17 August 2023
The National Insurance Brokers Association wants feedback from professional indemnity specialists as it consults with the Federal Government on proposed changes from the Quality of Advice Review...
Aon NZ completes CEO change
17 August 2023
Aon New Zealand’s new CEO Melissa Cantell has begun her tenure as its new CEO...