The Broker
‘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...
Brokers welcome Victorian action on business insurance duties
25 May 2023
The Victorian Government’s decision to ditch the insurance duty on commercial policies is a welcome development that will assist clients, brokers say...
Vouchers for volume? Brokers urged to manage conflicts of interest
25 May 2023
Conflicts of interest have been flagged by the Insurance Brokers Code Compliance Committee as one of the top issues resulting in code breaches...
‘Don’t set your course’: Robert Kelly’s approach to business
25 May 2023
Steadfast MD and CEO Robert Kelly has outlined his business philosophy – which borrows more than a little from his passion for sailing...
Cuenca family acquires brokerage Emjay
25 May 2023
Sydney-based Emjay Insurance Brokers says Founder and MD Mario Cuenca’s family have acquired 100% ownership in the business, and Director Jeff Murdoch will oversee a transition after 17 years at the brokerage. ..
Broker profile: ‘it’s a really commendable profession’
25 May 2023
Melbourne-based Mark Vanzo founded SMART Business Insurance a decade ago after selling an advertising agency. ..
NIBA Convention set for the Gold Coast
25 May 2023
Registrations are open for the annual National Insurance Brokers Association (NIBA) Convention, which will be held at The Star in Gold Coast. ..
AUB to retain full control of Tysers UK retail business
18 May 2023
AUB Group will retain full control of the Tysers UK retail business after a joint venture with PSC Insurance Group failed to be agreed, while the company today also announced a $150 million equity raising and a profit upgrade.
‘Not your average 76-year-old’: Steadfast’s Kelly explains tenure extension
18 May 2023
Steadfast Group founder Robert Kelly says filling two crucial executive positions enables him to focus on strategic direction and continue leading the business.
‘Expert group’ could play key role in strata solutions: Trowbridge
18 May 2023
Brokers and other groups involved in the strata sector have been urged in an independent review to collaborate on solutions to capacity constraints that are driving up premiums.
Steadfast opens Manila office as shared services team expands
18 May 2023
Steadfast has opened an office in Manila as it expands its shared services team and looks to access a new pool of high-quality recruits.
Howden unifies under single global executive
18 May 2023
Howden will unify its structure under a single global executive with insurance and reinsurance broking and underwriting reporting directly to CEO David Howden.
Mustard Underwriting partners with Battleface
18 May 2023
Mustard Underwriting, an agency specialising in providing insurance solutions to the sharing economy and digital marketplace, has partnered with Ohio-based Battleface.
NIBA/UAC Melbourne expo set for tomorrow
18 May 2023
The Underwriting Agencies Council (UAC) will hold its Melbourne expo tomorrow at Crown Hotel.
Delta announces product recall cover for SMEs
18 May 2023
Underwriting agency Delta Insurance has launched a new product recall policy for small and medium-sized enterprises (SMEs).
Fundraiser lunch will honour broker
18 May 2023
The family of former director of Brisbane-based authorised representative CPR Insurance Services Robert Cooper has announced a fundraising lunch to celebrate his life.
Diverging pricing outcomes in two-tier market: Aon
11 May 2023
A two-tier market with diverging pricing outcomes for preferred and non-preferred property risks has continued in Australia, Aon says in a market update.
‘Signs of some stability’ as commercial rates level out: EBM
11 May 2023
Premiums are rising at a slower pace across most commercial lines, easing the pressure on insureds, broker EBM says in its latest insurance market summary.
Get in early: late renewal notices behind many broker breaches
11 May 2023
Late renewal notices continue to be the cause of “high numbers” of breaches, the independent Insurance Brokers Code Compliance Committee says.