AUB Group merges New Zealand brokers BWRS and ICIB
12 December 2022
AUB Group has merged BrokerWeb Risk Services with ICIB to create the fifth largest insurance broking firm in New Zealand...
Corporate
IP pursuit cover 'a must' for SMEs
12 December 2022
Australian SMEs are advised to access insurance for pursuit of intellectual property (IP) infringement after record numbers of patents, trademarks and designs were filed in Australia last year...
Resilium celebrates 10-year anniversary
12 December 2022
Resilium Insurance Broking is celebrating the 10-year anniversary of the brand’s launch into the Australian market and its accelerating growth since that time...
Suncorp-backed initiative gives $500,000 in flood recovery grants
12 December 2022
About $500,00 has been awarded in grants by Suncorp and the Foundation for Rural & Regional Renewal to support 27 recovery projects for communities affected by the February/March floods...
Cornerstone expands Queensland presence with Toowoomba investment
05 December 2022
Resilium-backed Cornerstone Risk Group has made another investment in Queensland, buying Toowoomba-based PMA Trilogy Insurance Solutions for an undisclosed amount...
Aon pursues regional Strategy and Technology growth
05 December 2022
Aon has appointed John Morley as Asia Pacific growth leader for the Strategy and Technology Group, which the company has developed over the past year. ..
Sure posts 15th fastest sales growth among Australian startups
05 December 2022
Sure Insurance has been ranked as the 15th fastest growing Australian startup over the past few years, with annual revenue increasing to $20.16 million since entering regional, north and far north Queensland markets in mid 2019...
Aon treaty head appointed reinsurance solutions CEO
05 December 2022
Aon has made changes to its Asia Pacific leadership team, appointing John Carroll as Reinsurance Solutions CEO Australia and New Zealand...
Ardonagh prioritises Australia with Envest acquisition
28 November 2022
UK-based Ardonagh Group has acquired Envest, which includes broking arm Aviso and underwriting agencies, for $482 million...
AMA Group sees green shoots in transition year
28 November 2022
Crash repairer AMA Group says green shoots are emerging amid a bumpy fiscal first half, as new pricing agreements take effect in a transition year for the company...
Ensurance says Australia business 'perfectly positioned' after inaugural profit
28 November 2022
Underwriting agency Ensurance says it is “perfectly positioned” for further growth in Australia, focusing on areas not covered by larger insurance providers...
RACQ appoints Leona Murphy as new President and Chair
28 November 2022
RACQ has named Leona Murphy as its new President and Chair following Elizabeth Jameson’s resignation last week...
Rising catastrophe costs introduce QBE outlook risks
21 November 2022
QBE says higher than expected catastrophe costs have introduced “some risk” to its full year outlook, with the claims assumption expected to exceed the allowance given continuing elevated peril activity...
Trent Sayers appointed RACQ insurance leader
21 November 2022
RACQ has appointed Trent Sayers as Group Executive Insurance after he took up the position in an acting capacity mid-year following the departure of Tracy Green...
Johns Lyng sets up disaster recovery arm as cat repairs demand grows
21 November 2022
Johns Lyng Group has established Disaster Recovery, a new business in response to growing demand for catastrophe repair works...
Genworth changes name to Helia Group
21 November 2022
Shareholders have approved a change in name at Genworth Mortgage Insurance Australia to Helia Group...
FM Global opens risk management centre in Singapore
21 November 2022
US-based commercial property insurer FM Global has launched its first “client-centred experiential risk management facility” in Asia Pacific, located at Singapore Science Park...
CBA, ANZ, Westpac settle CCI class actions for $126 million
14 November 2022
Class action settlements totalling more than $126 million have been agreed over the sale of consumer credit insurance sold by Commonwealth Bank of Australia, ANZ and Westpac, legal firm Slater & Gordon says...
Suncorp says claims program 'best defence' against inflation
14 November 2022
Suncorp CEO Steve Johnston says the insurer’s claims program remains its “best defence against the inflationary forces” at play across the economy as the group affirmed its full-year earnings guidance...
Genworth finalises new CBA contract
14 November 2022
Genworth Mortgage lnsurance Australia has finalised contractual terms with the Commonwealth Bank of Australia for the exclusive provision of Lenders Mortgage Insurance for CBA’s residential home loan customers...