The Broker
New CFC IP solution targets start-ups, SMEs
02 March 2023
Cyber specialist CFC has launched a new insurance product for start-ups and small businesses to protect against threats to intellectual property, protecting patents, trademarks and copyrights...
BMS Group buys Armstrong Nisbet broking business
02 March 2023
BMS Group has acquired the business book of Armstrong Nisbet Insurance Brokers, a specialist firm serving the information communications and technology, energy and infrastructure sectors...
Canopius expands Australia footprint, appoints David Mutton
02 March 2023
Global specialty lines insurer Canopius Group has opened a trading office in Melbourne, with the operation to be led by David Mutton, who has joined as Casualty Underwriter for the Asia Pacific region...
Sydney veteran founds new brokerage Eminence
02 March 2023
Lenneta Monastiriotis has founded new Parramatta-based brokerage Eminence Insurance & Risk Advisors...
Laundry fire cover email doesn't wash with AFCA
02 March 2023
A laundry business will have its fire claim covered after the Australian Financial Complaints Authority ruled the broker hadn’t done enough to make sure the policyholders knew cover would be cancelled if smoke detectors weren’t installed and thermal scanning carried out...
NIBA names new president, appoints PSC CEO to board
02 March 2023
Gary Okely has been appointed President of the National Insurance Brokers Association, while PSC Insurance Group CEO David Hosking joined the board in an additional "listed network” position...
Market shifts support launch of new agencies: Rhodian
02 March 2023
Shifts in the insurance cycle are providing an environment conducive for the launch of new underwriting agencies that can provide additional products for brokers, newly launched incubator firm Rhodian says...
Tributes paid to broking industry icon
02 March 2023
Brokerage founder Warren Saunders died yesterday aged 88, sparking a wave of tributes...
Rates rises to go on amid 'incredible reinsurance crescendo', says Steadfast CEO
23 February 2023
The hard insurance market will continue as insurers battle “horrific” reinsurance costs, Steadfast MD and CEO Robert Kelly says...
PSC to leave Steadfast platform after network exit
23 February 2023
PSC Insurance Group will no longer have access to the Steadfast Client Trading Platform after May after its departure from the network in the middle of last year...
'Not acceptable': NSW brokers flag recovery concerns one year after floods
23 February 2023
As northern NSW communities mark the one-year anniversary after historic flooding hit the region, local brokers say many residents continue to face a difficult path to rebuild their lives...
Brokers take on key support role in cyclone's wake
23 February 2023
Brokers are working flat out to contact clients following the devastating impact of Cyclone Gabrielle, the Insurance Brokers Association of New Zealand says...
PSC steps up in NSW, announces Australia broking head
23 February 2023
PSC Insurance Group is establishing a new NSW broking branch after taking an initial majority 70% stake in Aviation Marine General Insurance...
AUB makes Tysers changes, hones Australia and NZ focus
23 February 2023
AUB Group says it has already made changes at the UK Tysers business that it acquired last year, simplifying the wholesale structure and honing its focus on the Australia and New Zealand market...
McLardy McShane makes key appointments
23 February 2023
Melbourne-based brokerage McLardy McShane has announced a series of appointments as it puts additional infrastructure in place following rapid growth...
UAC Sydney expo at bigger venue draws 600 brokers
23 February 2023
The Underwriting Agencies Council says its expo at the Sydney International Convention Centre last week drew more than 600 brokers, who saw an opportunity to learn about products and services on offer from some 112 agency and business service members...
AUB raises guidance after robust first-half trading, Tysers boost
16 February 2023
AUB Group has raised its full-year earnings outlook after the first-half performance topped its guidance range as a result of robust trading and the Tysers acquisition performing ahead of expectations...
Brokers 'voluntarily reducing commissions' in hard market
16 February 2023
Many brokers are choosing to wind back commission levels as premiums soar and clients struggle with the cost-of-living crisis, the National Insurance Brokers Association says...
Brokers flock to Facebook group for help placing tough risks
16 February 2023
A Facebook group that was set up to give brokers a forum to discuss hard-to-place risks as underwriters pull back is growing fast...
IAG 'increasingly confident' on intermediated profit target
16 February 2023
IAG says its intermediated division is on track to achieve a $250 million profit target as premium increases flow through and financial year first-half progress points to improvements in the business...