The Broker
UK flood risk reforms backed by brokers
08 September 2022
The British Insurance Brokers’ Association has backed Government planning reforms that provide better flood protections for new homes...
Resilience appoints third broker to distribute latent defects insurance product
08 September 2022
Resilience Insurance says Coverforce has been appointed as an authorised distributor for its Latent Defects offering, joining SHC Insurance Brokers and Master Builders Insurance Brokers to sell the product on its behalf...
BMS names International CEO as business eyes Australia, other key markets
08 September 2022
BMS says Nick Gillett will join in January as International CEO as the UK-based specialist broker steps up its focus in Australia and other key target markets...
Broker profile: 'I just got the client list and started ringing'
08 September 2022
Brisbane-based Capital Innovation Insurance Group Director and Chair of NIBA’s Queensland divisional committee Steven Hill, pictured, says sports insurance got him hooked on broking in his teens...
Howden launches cover for voluntary carbon credits
08 September 2022
Howden has developed a carbon credit insurance solution for the Voluntary Carbon Market, saying it is critical that independently-verified, high-quality credits be differentiated from unverified credits...
NIBA reviewing Quality of Advice reform proposals
01 September 2022
The National Insurance Brokers Association is reviewing proposals released by the Quality of Advice review, with responses to a consultation paper due later this month...
'We can help with cat claims hold-ups': brokers
01 September 2022
Brokers say that building delays and communication issues following natural catastrophe claims can be less painful if consumers work with an intermediary...
AFCA awards top compensation after broker ignored requests
01 September 2022
A broker who did not act on instructions from a businesswoman to arrange insurance for a range of assets has been ordered to pay the maximum compensation by the industry adjudicator, though her request that $40,000 in legal fees be reimbursed was denied...
Court penalises Yes Insurance after workplace laws breach
01 September 2022
The Federal Circuit Court has hit broker Yes Insurance Group and its director with penalties totalling around $28,000 following a workplace laws breach arising from a failure to pay an employee’s wages...
CGU to kick new broker development series off next week
01 September 2022
CGU will on Tuesday host the first of a series of broker development sessions focusing on the changing world of work, industry issues, product trends and economic factors impacting the insurance sector...
NIBA invites brokers to share community assistance stories
01 September 2022
The National Insurance Brokers Association is running a competition encouraging brokers to share stories of how they have helped clients in their community...
Broker profile: 'quality advice is absolutely paramount'
01 September 2022
Sydney-based Scott & Broad MD Andrew Miller unexpectedly transitioned from the UK to Australia, and 20 years on he helps secure protection for some of Australia’s large/middle market corporate clients...
Mike Ambrosini joins Austbrokers Comsure board
01 September 2022
Austbrokers Comsure has appointed Brisbane-based Mike Ambrosini to the board...
'We can be the alternative to corporate giants': McLardy McShane
25 August 2022
Melbourne-headquartered insurance group McLardy McShane is growing fast but remains committed to its family-friendly culture as industry consolidation accelerates around it...
Challenging environment boosts offshore placement: AUB
25 August 2022
Brokers are working harder than ever to assist clients operating within a challenging environment, with significant rate rises and other cost pressures, and are more often looking at offshore placements, AUB MD Mike Emmett says...
NZ brokers assisting clients as wet weather continues
25 August 2022
New Zealand brokers say clients are lodging claims and are continuing to assess damage after torrential rainfall hit the country last week, causing flooding and landslips in South Island regions...
First premium funders code of practice set to commence
25 August 2022
The first insurance premium funding code of practice will take effect from the start of October following its launch this month...
PSC says competition for talent 'very high', outlines acquisition focus
25 August 2022
PSC Insurance Group has indicated its wage costs will see “more than usual” pressure amid an industry-wide shortage of skilled staff and says its broking acquisition strategy will change, focusing on potential targets where “prices haven’t moved as much”...
Steadfast takes ownership of Insurance House parent company
25 August 2022
Steadfast has completed its acquisition of Insurance Brands Australia, giving the broking group ownership of the intermediary business with $438 million in annual gross written premium...
Quality of Advice interim paper 'won't include commissions'
25 August 2022
The National Insurance Brokers Association says a paper expected this month from the Quality of Advice Review won’t address the issue of conflicted remuneration and commissions...