Zurich claims chief departs for US
28 September 2015
In a surprise move, Zurich Chief Claims Officer for Australia and New Zealand Daniel Franzetti is returning to the US…
Corporate
JV supports Australia’s Lloyd’s coverholders
28 September 2015
UK-based Advent Insurance Management and Sydney’s Littlewoods Services have formed a joint venture to provide support services to Lloyd’s coverholders in Australia…
New Suncorp chief sticks to core strategy
28 September 2015
Incoming CEO Michael Cameron says Suncorp’s “one company, many brands” strategy will continue to drive growth under his leadership…
SUA, Berkley seal new underwriting deal
28 September 2015
Berkley Insurance Australia is the new security underwriter for business protection products offered by Specialist Underwriting Agencies, which has been tied to Axis Specialty since 2010…
Cabsafe and Austruck merge to create transport agency
28 September 2015
Motor underwriting agencies Austruck and Cabsafe are merging to create the Australian Transport and Logistics Insurance Group from November…
Ace secures Calliden underwriting deal
28 September 2015
Ace Insurance will underwrite Calliden home insurance policies in Australia from November 1 under a new deal…
Austbrokers Chairman to leave after AGM
28 September 2015
Austbrokers Chairman Richard Longes will retire after the company’s annual general meeting on November 26, ending 10 years in the role…
McDonald takes up Protecsure directorship
28 September 2015
Well-known industry marketing executive Gabriele McDonald has taken up equity and become Executive Director at Steadfast-affiliated underwriting agency Protecsure…
Suncorp praised for low-income innovation
21 September 2015
Suncorp brand AAI has joined with non-profit organisation Good Shepherd Microfinance to create affordable insurance for people on low incomes…
Fogarty moves on from Zurich
21 September 2015
Zurich Australia CEO Daniel Fogarty will leave the company on Wednesday after three years in the role…
Cooper Gay’s decision to quit stirs market
21 September 2015
The decision by global reinsurance broker Cooper Gay to quit Australia has disappointed some underwriting agency managers, who say the UK-based company has been “making strategic inroads” in the local market…
IAG backs ex-CGU veteran’s new underwriting agency
21 September 2015
IAG Commercial Insurance has partnered with new Melbourne-based underwriting agency Pacific Indemnity Underwriting Solutions, which specialises in professional risk…
Warranty Group explains changes at the top
21 September 2015
The Australian market “continues to be one of the Warranty Group’s key areas of focus in the region and globally” following a restructure earlier this year…
IAG board member steps down
21 September 2015
Leading financial services figure Yasmin Allen will retire from the IAG board at the end of this month…
Youi profit plunges on cat payouts
21 September 2015
Youi Australia’s profit fell 80% to 51 million rand in the year to June 30 due to large catastrophe claims, according to its South African parent Rand Merchant Insurance…
Lloyd’s underwriters produce cover for skilled migrants
21 September 2015
Lloyd’s underwriters have introduced a cover for skilled migrants moving to Australia and New Zealand…
MDA National, AMA Victoria seal ‘strategic alliance’
21 September 2015
MDA National is the “medical indemnity of choice” for Australian Medical Association Victoria after the two sides formed a strategic alliance…
Axis ‘reviewing its Australian business’
14 September 2015
Axis Specialty is reviewing its operations in Australia, with market sources saying the company may quit the country…
QBE vows to fight class action
14 September 2015
A class action against QBE is “about achieving justice” for shareholders left short-changed by the insurer’s failure to provide timely market updates, Maurice Blackburn Lawyers says…
IAG property cover targets new niche in shared economy
14 September 2015
IAG has again shown its faith in the future of the shared economy, launching an insurance product for people letting their properties via Airbnb and Stayz…