Envest acquires majority stake in fleet underwriter
09 October 2023
Envest Group has announced it has purchased a majority stake in Queensland-based motor underwriter Insuret...
Corporate
IAG names London-based executive as CFO
09 October 2023
London-based William McDonnell will move to Sydney and take up the role of IAG CFO later this year...
Marsh swoops to hire AIG’s NZ chief
09 October 2023
Marsh McLennan has appointed AIG CEO Toni Ferrier to take over responsibility for the business in New Zealand from January 1...
QBE appoints non-executive director to group board
09 October 2023
QBE has announced Steve Ferguson will join its group board as an Independent Non-executive Director from November 1...
Youi eyes talent pool in Brisbane move
09 October 2023
Youi has announced it will open a new office in Brisbane’s CBD in December as it continues to expand its operations in Australia...
Suncorp Bank CEO to depart, tribunal sale hearings expected
02 October 2023
Suncorp’s bank CEO Clive van Horen is set to leave the company before Christmas to take up a role in the superannuation sector, while an Australian Competition Tribunal hearing on the sale of the bank business to ANZ will take place in December...
Youi drops aggregate cover on hardening reinsurance prices
02 October 2023
Youi has responded to rising reinsurance cost, dropping a form of cover known as aggregate natural perils treaties in its catastrophe program for this financial year...
Austbrokers Comsure acquires Brisbane brokerage
02 October 2023
Austbrokers Comsure has acquired CE McDonald Insurance Brokers, taking gross written premium to more than $150 million a year...
Date set for Ensurance shareholders to vote on PSC offer
02 October 2023
Ensurance shareholders will vote in November on whether to accept a takeover offer from PSC Insurance Group, which is proposing to acquire the underwriting agency via a scheme of arrangement...
AMA sees ESG benefits from recycling vehicle parts
02 October 2023
Encouraging the use of recycled parts in collision repairs covered by insurers could help support companies’ environmental goals, AMA Group Supply Division EGM Adam O’Sullivan says...
Tower places new catastrophe reinsurance
02 October 2023
Tower has purchased a year of reinsurance cover which includes two catastrophe losses up to $NZ750 million, and cover for a third catastrophe event up to $NZ75 million...
NZ court delivers not guilty verdict on former CBL executives
25 September 2023
The New Zealand High Court has found former CBL Insurance CEO Peter Harris and former CFO Carden Mulholland not guilty on criminal charges...
Former IAG executives launch pet insurer Fetch
25 September 2023
Sydney-based former IAG executives Phil Wilson-Brown, George Lewis and Foo Xin have launched new pet insurer Fetch...
Axa XL ‘streamlines’ with new casualty, financial lines heads
25 September 2023
Axa XL has promoted Underwriting Manager Kim McEwan to Head of Casualty and Product Manager Management Liability Ewen McKay to Head of Financial Lines...
Roy Morgan honours insurers at annual awards
25 September 2023
RAC Insurance and life insurer CommInsure have been named among the big winners at industry researcher Roy Morgan’s annual Customer Satisfaction Awards...
QBE names Julie Wood as North America CEO
18 September 2023
QBE has confirmed Julie Wood as North America CEO after she took up the role in an acting capacity last month following the departure of Todd Jones...
Markel sets foot in Australia
18 September 2023
Markel Insurance is opening three offices in Brisbane, Sydney and Melbourne this month as launchpads for the US specialty insurer’s entry into the Australian market...
Axa XL targets Asia Pacific mid-market growth
18 September 2023
Axa XL says the mid-market segment provides a clear growth opportunity for the insurer and it’s appointed a new regional head to drive the expansion...
Helia announces new partnership
18 September 2023
Helia has entered a five-year partnership to exclusively provide Great Southern Bank home loan customers lenders mortgage insurance...
Aon announces new Asia Pacific COO
18 September 2023
Aon has named Citibank Asia Pacific executive Jeff Plein as its new Asia Pacific COO...