The Broker
Suncorp on track for extended VeroEdge platform rollout
17 November 2022
Suncorp says it is looking toward the further rollout of its enhanced VeroEdge digital platform, which delivers faster response times and more immediate decisions for brokers through greater automation in underwriting...
Broker profile: 'choosing unconventional industries allows me to be a technical broker'
17 November 2022
Joe Daley operates as MD and Accounts Manager for AJ Insurance Services, an authorised representative of the McCormick Harris group. Based in Western Sydney, AJ specialises in sectors that have a “shortfall in broker services, risk management and claims expertise”...
Flood embargoes: consumers distressed when insurers say 'no'
10 November 2022
Residents in flood risk regions are contacting media organisations to complain about insurer-enforced cover embargoes – but brokers don’t appear overly concerned...
Broker sentenced for significant fraud
10 November 2022
A broker has admitted defrauding customers of almost $140,000 by taking payments for professional indemnity insurance and diverting them to her own bank account...
Defeated complainant says broker 'was aware' overseas business required insurance
10 November 2022
A complainant has lost a dispute despite insisting its claim for business losses arising from a stock purchase in China should be accepted since its insurance broker was provided with detailed information about its overseas operations...
PSC 'on track' for higher earnings after strong Q1
10 November 2022
PSC Insurance Group affirmed its FY2022/23 earnings guidance at this morning’s annual general meeting after the business made a solid start to the new financial year...
Blue Zebra reviewing home business insurance after increase in broker enquiries
10 November 2022
Underwriting agency Blue Zebra aims to expand the list of occupations covered by its Home Business Extension product in response to increased enquiries from its broking partners...
Broker profile: 'I'm still on a high and pinching myself'
10 November 2022
Jodi Sharman, a finalist at the 2020 Advisr awards, has just sold Melbourne-based JLS Insurance Consulting – a brokerage she founded in 2004 – to Gallagher, where her whole team has relocated. She also raises funds for mental health alongside Guy Sebastian...
Parametric option flagged as cyclone season begins
10 November 2022
North Queensland underwriting agency Redicova has reminded brokers of the benefits of parametric insurance in helping households and business recover from cyclone impacts, as the Bureau of Meteorology forecasts an above-average season...
Oracle Group announces executive changes at annual conference
10 November 2022
Oracle Group Insurance Brokers marked its yearly conference in Kingscliff, NSW, with several leadership announcements and awards...
Vero, young brokers visit WA in latest 'give back' expedition
10 November 2022
Vero has escorted award-winning young brokers on a four-day trip to Northampton, located 480km north of Perth on WA’s coral coast, in its latest expedition to support Australian towns hardest hit by natural catastrophes...
Anita Wilson appointed HIA Insurance CEO
03 November 2022
HIA Insurance Services, a joint venture between the Housing Industry Association and Aon, has appointed Anita Wilson as its new CEO.
Zurich to provide resilience services to WBN
03 November 2022
Zurich Resilience Solutions has agreed to provide resilience and sustainability services to the Worldwide Broker Network (WBN), which has more than 100 broker members globally, including Honan.
‘Possibly problematic’: brokers cautious over commissions consent proposal
03 November 2022
Brokers have concerns over a proposal requiring retail clients to provide written consent giving them the go-ahead to receive commissions, cautioning the measure is “possibly problematic”.
Gallagher reports strong growth in Australia, NZ businesses
03 November 2022
Broker Gallagher says its Australia and New Zealand business performed well in the third quarter, achieving combined organic growth of 9% for the July-September period.
AUB expects earnings jump after strong first quarter, Tysers deal
03 November 2022
AUB Group has upgraded its full-year earnings guidance after a first quarter “strongly ahead” of original expectations and has provided details on the anticipated additional profit contribution from the Tysers acquisition.
Insurance Advisernet hits 100,000 milestone
03 November 2022
Insurance Advisernet has reached a milestone of 100,000 clients, while brokerages in its network take up its offer to acquire holdings in interested members...
New code now in force, but what happens if brokers aren’t ready?
03 November 2022
Brokers that have been unable to fully comply with the new Code of Practice in time should report a breach, experts say...
Broker profile: ‘making insurance painless for clients’
03 November 2022
ii-A Account Manager Chris Payne got his start in broking doing administrative work for a brokerage 10 years ago. His turning point came when his employer at the time asked him to start helping out with claims and he has not looked back since.
Australia commercial rate growth slows to 5% in Q3: Marsh
27 October 2022
Australia commercial insurance pricing rose 5% in the three months to September, marking the seventh straight quarter of slowing premium rate growth, according to the latest Marsh Global Insurance Market Index...