The Broker
'Underinsurance trap': brokers urged to help tackle rising concern
26 May 2022
The broking industry can play a critical role in stemming the issue of underinsurance by actively informing clients of the risk, BizCover says...
Network Insurance Group acquires boutique broker
26 May 2022
Steadfast subsidiary Network Insurance Group has reached an agreement to acquire Sydney-based brokerage Global Risks...
Broker profile: 'it just struck a chord'
26 May 2022
Sydney-based Tim Wedlock – MD at AEI Insurance Broking Group and Lex McKeown Trophy recipient, ANZIIF broking leader of the year 2018 and longstanding NIBA member – says the industry quickly hit the right note when he tried it on the advice of an uncle 35 years ago...
Honan report reveals Australia's costliest workplace injuries
26 May 2022
New data from Honan Insurance Group subsidiary Risksmart finds that shoulder injuries account for the most expensive claims made in Australia...
Industry battles 'talent drought' and spiralling wages
12 May 2022
Insurance brokers are facing a serious shortage of talent as a result of the ongoing impact of covid-related border closures and heightened wage expectations...
Changing market adds value to Tysers acquisition: AUB
12 May 2022
Global insurance patterns driven by climate change and rising demand for alternative risk solutions underscore the value of specialist capabilities provided by Lloyd’s broker Tysers, AUB CEO Mike Emmett says...
'Consummate broker': tributes continue to flow for Graham Stevens
12 May 2022
The broking industry has continued to pay tribute to Edgewise Director Graham Stevens, who died last week following a battle with cancer...
Suspended Mercedes driver wins disclosure failure dispute
12 May 2022
The owner of a Mercedes Benz insured for $142,000 has won a dispute after it was determined that an authorised representative (AR) who had been involved in Supreme Court action over his general conduct had failed to pass on information to the insurer...
Vero leads young broker 'give-back' expeditions to hard-struck towns
12 May 2022
Vero is escorting award-winning young brokers on “give back” community expeditions, raising funds for Australian towns hardest hit by natural catastrophes...
'Making a difference': CBN kindness project kicks off
12 May 2022
Community Broker Network has started a kindness campaign in partnership with Kindsum, a peer-to-peer platform connecting people who need help with those who can provide it...
Notes from San Francisco: Honan lists top client trends
12 May 2022
Honan has outlined the top four trends set to impact clients, identified after a cohort of leaders travelled to San Francisco for the 66th Worldwide Broker Network Global Conference...
British brokers rail against regulation burdens
12 May 2022
The increasing weight of regulation is impacting innovation and the delivery of benefits to customers, British Insurance Brokers’ Association Chairman Jonathan Evans told the group’s conference yesterday...
Broker profile: a chip off the old block
12 May 2022
Albany-based Luke Cameron, pictured, has not looked back since following his father and cousins into broking on discovering life as a tradie was not for him...
Resilium hires new managers
12 May 2022
Resilium says Belinda Basha has joined as Regional Manager NSW/ACT and Toni Watson as Business Development Manager...
Australian capacity opens up as hard market eases: Gallagher
28 April 2022
An easing of the four-year hard market has seen local underwriters accepting some risks that had been placed overseas during the height of the tough conditions, a Gallagher report says...
PSC acquires Alan Wilson Insurance Brokers
28 April 2022
PSC Insurance Group will acquire regional Victorian business Alan Wilson Insurance Brokers for $17.5 million...
Pulse check: brokers most confident, business sentiment survey finds
28 April 2022
Brokers and the broader general insurance intermediary sector are most upbeat about their prospects for this year, according to a Macquarie Bank business sentiment survey...
Floods fallout: insurers look to reduce exposure, Honan says
28 April 2022
Insurers’ risk appetite has dampened further as the industry continues to count the cost of the NSW/Queensland catastrophe, which has now surpassed the 2011 Brisbane event as the country’s most expensive flood disaster...
Broker not liable for $340,000 claim despite breach
28 April 2022
An organisation seeking more than $340,000 in compensation from Community Broker Network (CBN) has lost a claim dispute, although the dispute resolution body says poor record keeping by the broker breached its duty of care...
Eight ways broker clients can soften tough cyber terms
28 April 2022
Securing the right cyber insurance has become even tougher over the past year but there’s a lot brokers can do to help clients best place themselves for the fairest rate possible in this hard market...