AM Best confirms QBE credit rating
18 June 2018
QBE Insurance Group’s credit ratings have been confirmed at bbb+ by AM Best…
Corporate
Tower shifts to EIS digital platform
18 June 2018
New Zealand’s third-largest insurer, Tower, has chosen digital insurance platform provider EIS Group to facilitate its online offering…
NTI adds tracking app to breakdown service
18 June 2018
National Transport Insurance has introduced a tracking app for its Truck Assist service, enabling drivers to monitor their technician’s location en route to a breakdown…
IAG NZ wins tick of approval for inclusion
18 June 2018
IAG New Zealand is the country’s first general insurer to be certified with a “Rainbow Tick”, denoting its support for diversity and inclusion…
TravelCard opens Moscow base for World Cup fans
18 June 2018
New travel insurer TravelCard has opened a front office in Moscow to serve as an immediate contact point for customers during the Word Cup…
Court sets CBL liquidation hearing date
12 June 2018
The Reserve Bank of New Zealand will next month make its case in court for CBL Insurance to be liquidated…
Chinese takeover of Genworth parent clears security hurdle
12 June 2018
China Oceanwide Holdings’ purchase of US-based Genworth Financial, the parent of Genworth Mortgage Insurance Australia, has passed a key security review…
TravelCard aims to bring key market back to brokers
12 June 2018
A new Australian travel insurer says it wants to bring brokers a bigger share of the market…
NZ insurtech Cove becomes Lloyd’s coverholder
12 June 2018
New Zealand insurance start-up Cove has become an approved coverholder at Lloyd’s, clearing the way to offer products in the second half of the year…
Crawford wins appeal against breach ruling
12 June 2018
Crawford & Company has been cleared of carrying out unlicensed insured home repairs following a review by the Queensland Building and Construction Commission…
AGCS appoints NZ manager
12 June 2018
Allianz Global Corporate & Specialty has appointed Kevin Northcott as Country Manager for New Zealand, effective from August 1…
Colahan heads to Europe as BHSI names new president
04 June 2018
Berkshire Hathaway Specialty Insurance says Mark Lingafelter is taking over as Australasia President from Chris Colahan, who is moving to Europe to assume a newly created role…
iSelect weighs multiple offers as IHA lifts stake
04 June 2018
iSelect has received “several unsolicited and non-binding” offers, while Innovation Holdings Australia Group – linked to competitor Compare the Market – has raised its stake in the listed online comparator…
Storm claims, settlement widen Tower loss
04 June 2018
New Zealand insurer Tower’s loss blew out to $NZ11.6 million in the half-year to March as unprecedented weather events and a dispute settlement with Pacific Re hit earnings…
Claim Central expands into Africa
04 June 2018
Digital claims management company Claim Central Consolidated has begun operations in Africa, responding to a “strong appetite” for digitisation in the region…
Suncorp unveils reconciliation plan
04 June 2018
Suncorp has produced its first Reconciliation Action Plan, as part of its diversity and inclusion strategy…
Premium Funding supports training app rollout
04 June 2018
Premium Funding has backed a general insurance training app developed by Brisbane-based CPD Anytime…
Belgian central bank approves QBE Brexit base
04 June 2018
QBE’s new European subsidiary has gained a licence from the National Bank of Belgium and will begin underwriting in the fourth quarter…
Woodina launches A&H division
04 June 2018
Specialist professional indemnity and general liability underwriter Woodina has established an accident and health division…
NTI urges restraint from freight carriers
04 June 2018
Specialist truck insurer National Transport Insurance has reminded drivers to carefully secure their cargoes, after a rise in damage claims due to poorly restrained freight…