The Broker
Brokers’ increasing workload ‘should be recognised’
19 October 2023
Brokers are battling heavier workloads as the hard market persists and claims from record-breaking climate catastrophes are worked through, the National Insurance Brokers Association Convention heard...
Pro-active risk approach makes difference in tough sectors: Marsh
19 October 2023
Prescribed burning contractors are an example of where risk management and clear information can lead an underwriter to provide cover for a sector after perceptions have been changed, Marsh broker and risk adviser Stephanie Schutte says...
Brokers supporting vulnerable clients ‘not a tick-box exercise’
19 October 2023
Measures to identify and support vulnerable clients must be embedded in brokers’ operations, a compliance expert says...
Broker wins dispute over P-plater’s $140,000 motor claim
19 October 2023
A driver whose motor claim was denied because she had not disclosed she was on a probationary licence has lost a dispute with her broker...
Probitas Pacific launches professional indemnity products
19 October 2023
Probitas Pacific has launched a suite of professional indemnity products backed by Lloyd’s underwriting capacity...
Howden Ventures to provide capacity for start-ups, innovation
19 October 2023
Howden has formed a venture with £500 million of Lloyd’s underwriting capacity to support the development and fast-tracking of solutions for new and emerging risks...
Steadfast partners with Indigenous Advisor for reconciliation initiatives
19 October 2023
Steadfast has announced it will partner with Indigenous Advisor Sean Gordon to help guide the firm as it explores the next stage of its reconciliation commitments...
Trans-West says JAVLN technology boosts revenue, productivity
19 October 2023
The latest technology can allow brokerages to take on more clients with the same number of brokers and resources, insurtech JAVLN and client Trans-West Insurance Brokers say, boosting productivity and enabling businesses to grow footprints, sell more insurance and improve profitability...
Vero, Liberty, NTI win NIBA awards
12 October 2023
Vero has been crowned 2023 Large General Insurer of the Year by National Insurance Brokers Association members, while Liberty Specialty Markets is Specialty Insurer of the Year and NTI is Underwriting Agency of the Year...
NIBA names national award-winning brokers
12 October 2023
Finsura Insurance Broking Corporate Account Manager Barry Sonter has won the 2023 Broker of the Year award, the National Insurance Brokers Association announced...
Gary Seymour wins Lex McKeown trophy
12 October 2023
Melbourne-based Edgewise Insurance Brokers Chairman Gary Seymour has won the 2023 Lex McKeown trophy...
Insure Your Future campaign launched to promote broking careers
12 October 2023
A new campaign to promote insurance broking as a career was launched at the National Insurance Brokers Association conference on the Gold Coast this week...
Broker not responsible for client’s premium funding debt
12 October 2023
The director of a pool building firm who claimed his business ended up owing a premium funder money because his broker failed to give proper advice and failed to act as instructed, has lost his bid for compensation...
Expert broker notification is key to claims success: Honan
12 October 2023
Brokers play a vital role when notifying insurers about potential claims as they can identify when an insurer might take issue with a notification for being too vague, Honan says...
Register for NZUAC Auckland expo
12 October 2023
The New Zealand Underwriting Agencies Council’s inaugural one-day broker expo will be held in Auckland on October 25...
Aon, Axa XL launch guide to insuring fine art
12 October 2023
Aon Principal Art & Collections Valuer Ben Ashley has created a risk management guide for protecting art, from expansive collections to a single masterpiece...
Former broker banned for misusing client funds
05 October 2023
A former insurance adviser in Gosford, NSW, has been hit with a three-year ban for instructing clients to deposit money meant for their insurance premiums into his personal account and misusing the money...
State of the market: rate rises of 6-12% expected
05 October 2023
Primary insurers are expected to raise headline premium rates by 6-12% to address higher reinsurance costs and claims inflation in the near to medium term, national broker EBM says in a September market update...
Crombie Lockwood rebrands as Gallagher
05 October 2023
NZ brokerage Crombie Lockwood has rebranded as Gallagher Insurance as conditions in the New Zealand market toughen after record catastrophes...
UK brokers to show ‘fair value’ as multi-occupancy building reforms start
05 October 2023
The British Insurance Brokers’ Association has commissioned work to help members demonstrate the “fair value” of services provided as multi-occupancy building insurance market reforms take effect...