QBE poaches Allianz exec for new SME role
29 January 2018
QBE has hired Aaron Gavin to take the newly created role of Head of SME for its Australian and New Zealand operations, as the insurer looks to grow in this segment…
Corporate
Vero extends YBR tie-up
29 January 2018
Vero has entered a five-year deal to offer insurance products to clients of financial advisory group Yellow Brick Road…
QBE makes $132 million class action settlement
29 January 2018
QBE will pay $132.5 million to settle a class action instigated after the group’s share price plunged following a profit warning in 2013…
Rivers grows through Premier merger
29 January 2018
Rivers Insurance Brokers has taken a key step in its five-year strategy to double in size, securing a merger with Brisbane-based Austbrokers Premier…
NZ Steadfast brokers merge
29 January 2018
Steadfast New Zealand network members Abbott Insurance Brokers and IC Frith and Associates have merged…
JLT Re picks new Asia-Pacific CEO
29 January 2018
Reinsurance broker JLT Re has appointed Jeremy Fox as its Asia-Pacific CEO…
QBE offers standalone drone cover as usage takes off
29 January 2018
QBE has introduced dedicated drone insurance to meet rising demand as the commercial use of remotely piloted aircraft increases…
RACV rolls out single-item cover
29 January 2018
RACV Insurance has produced single-item cover for valuable possessions such as laptops, tablets, phones and gaming consoles…
Cover-More acquires data analytics group
29 January 2018
Zurich-owned travel insurer Cover-More has acquired a majority stake in data analytics company FitSense…
Claim Central heads to North America
29 January 2018
Digital claims management business Claim Central has expanded into North America and named former Aon partner Quin Netzel as MD to run its operations there…
Kogan adds pet cover in latest Hollard deal
29 January 2018
Listed online retailer Kogan.com will this year add pet cover to the range of insurance products it distributes through agreements with Hollard…
Quota share deals temper business risk: IAG
11 December 2017
IAG’s new quota share agreements will remove nearly one-third of the group’s downside earnings risk, CEO Peter Harmer says…
Cunningham Lindsey eyes enhanced service after takeover
11 December 2017
US-based Sedgwick Claims Management’s acquisition of global loss adjusting group Cunningham Lindsey is good news for Australian clients, Cunningham Lindsey CEO Asia-Pacific Damon Bennett says…
Steadfast raises $100 million through share placement
11 December 2017
Steadfast has raised $100 million through a share placement to institutions, providing funds for its purchase of Whitbread Insurance Group…
QBE unveils second insurtech venture
11 December 2017
QBE has announced an investment in UK-based start-up Cytora – its second commitment from a $US50 million insurtech fund…
Youi joins NSW CTP market
11 December 2017
Youi Insurance has announced its entry into the NSW compulsory third party (CTP) market, effective immediately…
AAMI pulls online quote system over security scare
11 December 2017
Suncorp has removed a trial online quote system for home and contents cover amid fears it could double as a burglar’s roadmap…
AUB secures $150 million facility for acquisitions
11 December 2017
AUB Group has entered into a $150 million syndicated loan facility with ANZ and St George Bank to fund acquisitions…
Assetinsure axes crop cover as take-up underwhelms
11 December 2017
Assetinsure has dropped its crop insurance product, blaming a slow farming sector and lack of government subsidies…
Allied names Australia manager
11 December 2017
Swiss-based Allied World has appointed Iain MacLeod as Country Manager, Australia, reporting to Asia-Pacific President Michael Garrison…