The Broker
Commissions should stay, advice review final report says
09 February 2023
General insurance broking commissions should remain exempt from the ban on conflicted remuneration, the Quality of Advice Review says in its final report, setting out a detailed explanation for its position...
Lockton appoints Leo Demer Pacific Region President
09 February 2023
Lockton has appointed former JLT executive Leo Demer as President of its Pacific region business, effective from Monday...
Reinsurance renewals 'extremely challenging': Honan
09 February 2023
Broker Honan has predicted even higher property premiums are in store after an “extremely challenging” January reinsurance renewal season...
NIBA President Dianne Phelan stepping down after two-year term
09 February 2023
National Insurance Brokers Association President Dianne Phelan is set to step down from the position this month after completing a two-year term during a crucial time for the sector...
CRE adds WA office
09 February 2023
CRE Insurance Broking has established a new Perth-based CRE WA operation, specialising in mining, construction and energy risks, including for clients with international assets...
Clover teams with RAC on business pack, home and motor
09 February 2023
Perth-based RAC Insurance and Clover Insurance will partner on the distribution of business pack, home and motor products through the broker market...
TravelCard 'doubling down' on broker ties as Australia restart confirmed
09 February 2023
TravelCard says brokers remain central to its business model as the insurer prepares to restart its Australian operations in the second quarter...
NIBA opens submissions for Broker of the Year award
09 February 2023
The National Insurance Brokers Association has opened nominations for this year’s Broker of the Year award. ..
CFC to host 'how to sell cyber' broker seminar
09 February 2023
Cyber specialist CFC will host a seminar on the topic “Selling cyber in 2023: how to grow the Australian market” on the morning of February 23...
Broker survey reveals discontent
02 February 2023
Many brokers are unhappy with insurers’ current claims service, communication and approach to complex risks, the inaugural Insurance News Broker Opinion Survey has found...
Honan acquires Melbourne brokerage
02 February 2023
Honan Insurance Group has acquired Ardrossan Insurance Brokers, a Melbourne-based brokerage with clients across diverse sectors including professional services, manufacturing, retail, hospitality, finance, property, transport and logistics...
'Groundhog Day, but bigger scale': NZ brokers battle flood claims influx
02 February 2023
New Zealand’s broking community has been thrust into action after more than 250mm of rain on Friday lashed Auckland, the nation’s biggest city, and surrounds in unprecedented flooding...
'Tech can never replace a broker': face-to-face engagement remains key
02 February 2023
Technology has brought about efficiency, freeing up brokers from being tied up with time consuming manual processes but it should not be seen as a replacement for face-to-face client interaction, according to WA-based brokerage Grace Insurance...
Hard market conditions may have peaked, broker says
02 February 2023
Some product classes may see rates moderating in the lead-up to the June renewal season after market conditions peaked last year, Bellrock Broking says in a January update...
Fond tributes to 'gentleman' broker
02 February 2023
Tributes have been paid to Director of Brisbane-based CPR Insurance Services Robert Cooper, who died aged 61 on Saturday following a battle with cancer...
Shop loses broker dispute over $44,000 payout gap
02 February 2023
A shop that blamed its broker for underinsurance after a $126,000 business interruption payout was 26% short has lost a claim dispute...
Oracle Group announces merger with NSW-based AR
02 February 2023
Oracle Group Australia has announced it will merge its NSW operations with authorised representative Mutual Brokers Sydney...
International marine specialist Kevin Noonan dies
02 February 2023
International marine specialist Kevin John Noonan, who was involved in insuring ferries, submarines, ports and an offshore floating hotel, has died after a short illness, aged 88...
NIBA seeks young broker nominations
02 February 2023
Nominations for this year’s Young Broker of the Year award are being sought by National Insurance Brokers Association of Australia until the end of the month...
NM Insurance crowns new Captain Awards winners
02 February 2023
Five brokerages have been crowned winners of NM Insurance's inaugural Captain Awards, which recognise excellence, expertise, authenticity and integrity...