IAG NZ discards sales-driven pay structure
02 July 2018
IAG New Zealand has stopped using sales target to decide employee remuneration…
Corporate
CBL faces fraud office probe
02 July 2018
New Zealand’s Serious Fraud Office and the Reserve Bank have begun investigations into CBL Insurance and its related entities…
Chubb strengthens cyber incident response program
02 July 2018
Chubb cyber policyholders in more than 50 countries will have access to round-the-clock assistance as the insurer beefs up its incident response management capabilities…
iSelect backtracks on CFO appointment
02 July 2018
Insurance comparison website iSelect will not appoint Nadine Lennie as CFO, after “unsolicited strategic interest” in the company made the role’s tenure uncertain…
Sparkes flying as Curwoods loses lawyers
02 July 2018
Consolidation in the insurance law services sector is continuing, with Sparke Helmore Lawyers today announcing it has bolstered its commercial insurance team with four new partners, two special counsel, a senior associate and 25 lawyers and support staff…
QBE seeks building repair partners
02 July 2018
QBE Insurance has launched a tender for the provision of insurance building repair services covering both personal and commercial lines nationally…
Allianz moving its HQ to new Sydney address
02 July 2018
Allianz is promising technology improvements after it relocates its Sydney headquarters in 2020 to Wynyard Place, a new 27-storey tower under construction in the CBD…
TravelCard sends team to Bali after volcano erupts
02 July 2018
Broker-focused insurer TravelCard has sent staff to Bali to assist policyholders affected by the Mount Agung volcanic eruption…
PSC expands into UK retail broking
25 June 2018
PSC Insurance Group has expanded into the UK retail broking market with the acquisition of Turner Insurance Services as it continues to build its international presence…
IAG weighs Malaysia, India operations after Asian asset sales
25 June 2018
IAG is still reviewing its holdings in Malaysia and India after agreeing to sell operations in Thailand, Indonesia and Vietnam in two separate deals…
CBA considers sale of general insurance business
25 June 2018
Commonwealth Bank says it will undertake a strategic review of CommInsure General Insurance and that the process may lead to a potential sale of the business…
CBL creditors’ meeting put back
25 June 2018
CBL Corporation’s voluntary administrators have secured court approval to postpone a follow-up creditors’ meeting that was to have been held by next month…
Zurich partners with insurtech on telematics offering
25 June 2018
Zurich has teamed with underwriting agency Mercurien Insurance on a motor fleet product that uses telematics to track performance and collect data for business tax records…
Lloyd’s to unveil matching portal
25 June 2018
Lloyd’s will hold a launch event next month for its digital coverholder matching portal…
Honan gets into bed with Youcamp
25 June 2018
Honan Insurance Group has teamed up with Youcamp to arrange an insurance program for the growing sharing economy player…
IAG invests in renewable power
25 June 2018
IAG is investing in large-scale renewable energy projects through banking giant NAB’s low-carbon shared portfolio…
Allianz rates high for paternal leave offer
25 June 2018
Allianz has been named among the top 20 workplaces for paternal leave entitlements…
ING, Axa form digital partnership
18 June 2018
Axa and Dutch bank ING will offer property and casualty cover and other insurance-related digital products as part of a bancassurance partnership announced last week…
PSC acquires stake in UK investment group
18 June 2018
PSC Insurance Group has paid £18.5 million for a 19.6-19.9% stake in London-listed private equity investor BP Marsh & Partners…
Gallagher expands benefits business with key acquisition
18 June 2018
Gallagher has acquired employee benefit and retirement consultant Finergy Solutions and its technology-based sister business Avantek…