The Broker

Intermediary half-year premium exceeds $18 billion

30 March 2023

The Australian Prudential Regulation Authority’s latest bi-annual update showed general insurance intermediaries invoiced about $18.5 billion in premium in the second-half of last year, up from almost $17.2 billion in the corresponding period of 2021...

NIBA calls for NSW Minns Government to ditch ESL

30 March 2023

The National Insurance Brokers Association has congratulated the Minns Labor Government on its NSW election win and has called for it to act quickly on removing the Emergency Services Levy...

AFCA delays 'causing distress', says broker

23 March 2023

An experienced broker has criticised the Australian Financial Complaints Authority, saying that “considerable” dispute delays are causing distress to clients...

Builder loses policy lapse dispute after storm

23 March 2023

An owner-builder and his wife whose insurance claim was declined because their policy had lapsed almost five months before a damaging storm have lost a dispute with their broker of more than 30 years...

Envest sees 'strong growth trajectory' for acquired agency

23 March 2023

Envest Group says Wellington Underwriting Agencies, in which it has acquired a majority stake, is expected to remain on a strong growth trajectory after expanding during difficult market conditions since its launch...