The Broker
CFC chiefs step down after misconduct probe at company
30 November 2023
David Walsh and Graeme Newman, cyber specialist CFC’s Group and Underwriting CEOs, are leaving the business after a Lloyd’s investigation into allegations of non-financial misconduct at the company...
Alliance Director Renato De Maria permanently banned
30 November 2023
Alliance Management Group Director Renato De Maria, who is due to appear at the Melbourne Magistrates’ Court next year for a committal hearing, has been permanently banned from providing any financial service...
Cyber, property headed in opposite directions as conditions diverge: report
30 November 2023
Financial lines, including cyber, are a “bright spot” while other major product lines such as property will continue to face challenging conditions, broker WTW says in a North America market update...
‘Huge step’: NSW brokers assess ESL announcement
23 November 2023
NSW brokers say the pending abolition of the Emergency Services Levy on insurance will be a game-changer for affordability and underinsurance in the state...
Business NSW warns on unnecessary ‘maximal coverage’
23 November 2023
Small to medium-sized businesses are often paying for unnecessary levels of liability and indemnity cover due to issues including government contract requirements and advice from brokers, a Business NSW report says...
QBE launches commercial risk management platform
23 November 2023
QBE has launched RiskAdvance, a digital risk management platform for commercial property and liability that has been designed for brokers and customers...
Aon wins trade credit dispute over unpaid car parts claim
23 November 2023
Aon has won a dispute with an automobile parts business after a claim for more than $200,000 owed by a customer was declined...
Canopy Insurance launches with Lifestyle Assurance offering
23 November 2023
Underwriting agency Canopy Insurance has unveiled its Lifestyle Assurance Package following the launch of its business this month...
BJS adopts JAVLN’s client and policy management platform
23 November 2023
BJS Insurance Group has adopted JAVLN’s client and policy management technology to boost broker productivity and data-driven decision-making...
Marsh, Insurance Advisernet take out ANZIIF NZ awards
23 November 2023
Marsh New Zealand has been crowned Large Broking Company of the Year for the second time in a row while Insurance Advisernet New Zealand is Broker Network of the Year...
McLardy McShane opens Mildura branch
23 November 2023
McLardy McShane Insurance Brokers has opened a new office in the north-western Victorian city of Mildura...
NIBA welcomes NSW Government ESL reform
16 November 2023
The National Insurance Brokers Association has welcomed the NSW Government’s announcement today on plans to ditch the current insurance-funded emergency services levy...
Steadfast sees strong growth from Sure acquisition
16 November 2023
Steadfast plans to roll out the Sure Insurance offering to other parts of Australia, as the business that it today announced it is acquiring continues to grow strongly in its core market in regional Queensland...
Gallagher acquires regional Victorian broker
16 November 2023
Gallagher Australia has announced the purchase of Edgar Insurance Brokers, a Victorian-based brokerage, as it continues to expand across the state...
‘Mistakes have been made’, but code delivers unprecedented improvement: NIBA
16 November 2023
National Insurance Brokers Association CEO Phil Kewin accepts that designing and implementing the 2022 brokers code of practice “hasn’t been plain sailing”, and that “mistakes have been made” along the way...
Brokers welcome proposed ‘informed consent’ commission requirement
16 November 2023
Proposed advice reforms requiring general insurance risk advisers to obtain “informed consent” from retail clients giving them the go-ahead to receive a commission for services provided have been welcomed by brokers...
Howden acquires stake in local bloodstock specialist
16 November 2023
Howden has acquired a majority stake in HQ Insurance, a North Sydney-based insurance broker that specialises in the Australian bloodstock market...
Client misled by broker over policy terms did not suffer any loss, AFCA rules
16 November 2023
A complainant who accused his broker of arranging an unsuitable personal accident policy for him and later giving poor service during the claims experience, has failed to win any compensation for the alleged conduct...
Former broker charged with 39 counts of fraud after UK sting
16 November 2023
Ten people have been arrested across the UK during a two-week police operation to tackle commercial insurance fraud...
Allianz promotes senior hire to relationship role
16 November 2023
Allianz has appointed Steven Thomas as its new National Relationship Manager for its commercial team...