The Broker
Ignite launches OpenAI-powered chatbot for UK brokers
15 June 2023
Software provider Ignite has launched a tool for brokers that uses technology from OpenAI, the creators of ChatGPT, to answer customer queries within seconds...
Hutch launches new construction policy
15 June 2023
Sydney-based Hutch Underwriting is launching an annual construction insurance product targeted at builders with turnover of up to $50 million...
Workers’ compensation premium hikes put focus on advice
08 June 2023
Workers’ compensation premium increases and other scheme changes announced in NSW and Victoria for next financial year have highlighted the value of having advice to understand and minimise the impacts as much as possible, brokers say...
Gow-Gates appoints Judith Crompton to lead travel expansion
08 June 2023
Gow-Gates Insurance Broking Group has appointed former Cover-More executive Judith Crompton to lead an expansion into retail and corporate travel insurance...
Quality submissions ‘vital’ at renewal time
08 June 2023
The quality of broker submissions to underwriters can make a huge difference to the response as insurers are swamped with requests, brokers say...
New wholesale underwriter MLX offers complex risk solutions
08 June 2023
Market Lane Insurance Group has launched a new wholesale underwriting placement specialist, MLX Risk Partners, to provide capacity for complex, large and specialty commercial insurance risks...
Global broking income tops $226 billion
08 June 2023
Insurance broking globally generated fees and commissions of $US151.4 billion last year, according to consultancy Insuramore...
GSA extends board with key appointments
08 June 2023
GSA Insurance Brokers has announced the appointment of Margo Ward and Trent Robinson to its board...
Blue Zebra eyes $1 billion target
08 June 2023
Blue Zebra is aiming to achieve $1 billion in annual turnover and the insurtech underwriting agency is counting on technology and innovation to reach the goal...
Lockton offers travel firms parametric pandemic cover
08 June 2023
Lockton has introduced parametric insurance for travel firms that is triggered when the World Health Organisation declares a pandemic...
JAVLN acquires Steadfast Underwriter Central business
01 June 2023
New Zealand-based JAVLN has acquired the Underwriter Central business from Steadfast as the insurtech seeks to increase its scale...
CGU commission cut is ‘one-off’, says NIBA chief
01 June 2023
National Insurance Brokers Association CEO Phil Kewin says he’s contacted CGU after the insurer announced it would wipe out commissions on crop cover – and been assured the tactic won’t be replicated in other lines...
Ride Protect joins forces with Marsh
01 June 2023
Rideshare car insurance solution Ride Protect has entered a long-term collaboration with Marsh that gives both brands a larger presence within Australia’s gig economy...
Gow-Gates marks 60th anniversary, looks to future
01 June 2023
Broker Gow-Gates, which opened its first office in Parramatta, has marked its 60th anniversary with a celebration with insurance partners...
No turning back for broker, after shift to remote working
01 June 2023
At Bruce Chiene Insurance Brokers there is no turning back after the broker moved to a primarily home working setup...
Austbrokers’ Ben Bessell named ANZIIF President
01 June 2023
Austbrokers Chief Broking Officer Ben Bessell has been elected President of the Australian and New Zealand Institute of Insurance and Finance after serving as deputy for two years, while Austbrokers Countrywide MD Tim Considine has received life membership...
Broker profile: ‘referrals are our foundation’
01 June 2023
ii-A Director Polina Kesov started the Sydney-based brokerage in 2006 with her business partner Peter McDermott Junior. But she’s now on her own after he died following a short illness in November last year...
IQumulate names Australia and New Zealand sales head
01 June 2023
Premium funder IQumulate has appointed Graeme Gordon as Head of Sales for Australia and New Zealand...
‘Nobody works for free’: brokers react to crop commission cut
25 May 2023
Rural brokers have continued to express disappointment at CGU’s decision to cut commissions on its crop cover from 20% to zero...
Too slow: brokers flag extended turnaround times on renewals
25 May 2023
Brokers say insurers are taking too long to respond when they remarket risks, as the busy renewal month of June approaches...