The Broker
Alternative solutions spark interest, as rate gains level out: Gallagher
24 November 2022
Businesses are increasingly seeking alternatives to traditional insurance in areas that remain difficult, but generally premium rate increases are moderating in most commercial lines, a Gallagher business insurance market conditions and outlook report says...
When to turn down clients: brokers give their take
24 November 2022
Saying “no” can be difficult but should brokers accept every client that comes their way? ...
Gallagher buys Smart
24 November 2022
Melbourne-based brokerage Smart Insurance Services has been acquired by Gallagher...
New Howden mergers and acquisitions head commences role
24 November 2022
Howden Head of Mergers and Acquisitions Kristen Babbage joined the broker this month and is based in Sydney...
Broker profile: 'at Marsh my career grew in leaps and bounds'
24 November 2022
Marsh’s award-winning Managing Principal VP Maria Newman, based in Brisbane, says her career took off when she pivoted from accounting to placing insurance for Australian businesses with $500 million-plus annual turnover...
Descartes aims for increased broker engagement
24 November 2022
Descartes Underwriting is planning to engage with more brokers in Australia to support its growing operations, a year after the Paris-based parametric insurance specialist entered the market here...
Extreme weather 'just seems to be relentless'
17 November 2022
Brokers are fielding an influx of calls from clients affected by Australia’s widespread extreme weather as the industry struggles to keep up with the number of claims for flood and storm damage under a third consecutive La Nina...
QBE commercial partnerships manager to oversee Austbrokers, Steadfast engagement
17 November 2022
Newly appointed QBE Head of Commercial, Partnerships Scott Bunting, who has extensive experience building broking networks, commenced his role this month with the insurer...
Record nominations for UAC directorships
17 November 2022
The Underwriting Agencies Council says it has received a record 12 nominations for four directorships to each serve a two-year term on the board...
Insurance House eyeing more regional opportunities after Bendigo acquisition
17 November 2022
Insurance Brands Australia is on the lookout for more investment opportunities in regional Australia after acquiring Bendigo-based brokerage Aus Insurance Services...
Gallagher names marine specialty head
17 November 2022
Gallagher has appointed Mark Rudman to lead its National Marine Specialty portfolio in Australia...
Howden acquires Victorian workplace rehabilitation provider
17 November 2022
Howden has acquired Counselling Appraisal Consultants, a Melbourne-based specialist rehabilitation, safety, wellbeing and employment services provider...
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...