The Broker
icare expanded claims service provider panel finalised
14 September 2023
NSW state-owned insurer icare has finalised the start of an expanded panel of six claims service providers as part of workers’ compensation scheme reforms that include a stronger focus on psychological injuries...
PSC acquires general insurance portfolio in Newcastle
14 September 2023
PSC Insurance has finalised the acquisition of a general insurance portfolio from BG Risk Solutions, a financial services business that offers risk assessment, insurance broking and loss management solutions...
Ignite innovation sparks recruitment drive
14 September 2023
A UK-based policy administration software company that launched an OpenAI-powered chatbot for brokers is growing fast...
Marsh makes leadership change, Nick Harris heads to UK
07 September 2023
Marsh has appointed Josh Roach, who joined the company in Hong Kong more than a decade ago, as President of the Pacific region...
Code breach reporting rises, but ‘zeros’ point to problems
07 September 2023
The Insurance Brokers Code Compliance Committee says more brokers are reporting breaches and complaints, but the level of under-reporting continues to raise concerns and it will conduct an inquiry to better understand the issues...
AIG names new Client & Broker Engagement chief
07 September 2023
Kathleen Warden has been appointed AIG Client & Broker Engagement for Asia Pacific and Australia...
Queensland brokerage gets licence, joins Steadfast Network
07 September 2023
Clear Insurance has become a Steadfast Network Broker, ending a 12-year stint as a Corporate Authorised Representative of Insurance Advisernet...
NIBA unveils October convention lineup
07 September 2023
The National Insurance Brokers Association has published details of events taking place at this year’s NIBA Convention, to be held at The Star Gold Coast next month...
Ausure Newcastle acquires Byron Bay, Mudgee branches
07 September 2023
Ausure Newcastle has acquired NSW brokerages Ausure Byron Bay and Ausure Mudgee...
PSC Network celebrates achievements at annual conference
07 September 2023
PSC Network Insurance Partners held its National Conference last month in Adelaide, celebrating the business’s achievements with more than 250 guests including its authorised representatives, staff and insurance partners at the Sofitel hotel...
Lockton New Zealand ups team headcount
07 September 2023
Lockton New Zealand says its team has undergone rapid growth and now comprises a cohort of 27 associates operating from three locations – Auckland, Christchurch and Hamilton...
MGA celebrates annual conference in Hobart
07 September 2023
MGA Group representatives and industry partners from across the country attended this year’s MGA Brokers Conference at the Hotel Grand Chancellor in Hobart...
Cyber market faces ‘discipline test’ as rates ease: Aon
31 August 2023
Broker Aon has flagged underwriting discipline as an emerging concern in the Australian cyber market as the pace of rate increases continues to slow significantly after two years of hardening conditions...
Weather disasters driving flood definition, limit changes
31 August 2023
Insurers are scrutinising limits, seeking to impose annual aggregates and expanding flood definitions to include fluvial and pluvial inundations in response to the increasing claims from wild weather events, Marsh says in its Australian market update...
NZUAC announces first broker expo
31 August 2023
The New Zealand Underwriting Agencies Council will hold its inaugural expo in October, aiming to connect brokers, underwriting agencies and insurance industry suppliers...
‘Aiming for $1 billion GWP’: McLardy McShane conference takes off
31 August 2023
Fast-growing brokerage and authorised representative network McLardy McShane says it is targeting $1 billion in gross written premium, after holding its “infinity and beyond” conference last week...
New engineers standard ‘could impact PI’: broker
31 August 2023
The NSW Government is considering a new “fit for purpose” design standard for registered professional engineers as part of ongoing efforts to improve standards in the building and construction industry...
NZ price sensitivity heightened as costs rise: Vero SME Index
31 August 2023
More New Zealand businesses are identifying price as the most important concern when it comes to making insurance decisions as the economic downturn affects trading conditions, potentially leading to changes that may increase their risk exposure, a Vero survey says...
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...