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Suncorp BI claims provision rises to $195 million

16 November 2020

Suncorp has increased its total provision for COVID-related business interruption claims to $195 million after estimating Victoria’s second lockdown could have a much greater impact than earlier closures…

‘Strong momentum’ in Q1 buoys AUB

16 November 2020

AUB Group has lifted its earnings outlook after kicking off the new financial year with “strong momentum” in the first quarter…

New Cover-More CEO prepares for travel recovery

16 November 2020

Cover-More CEO Cara Morton says the travel insurer is set to take an innovative approach to the products and services it offers as domestic and international restrictions ease…

Zurich launches first reconciliation action plan

16 November 2020

Zurich Australia has unveiled its inaugural Reconciliation Action Plan, outlining the activities it will carry out over the next 12 months to support the Aboriginal and Torres Strait Islander communities…

Brokerage revamps its image

16 November 2020

Brokerage Delaney Kelly Golding, the firm co-founded more than 25 years ago by Steadfast CEO Robert Kelly, has unveiled a new look and launched a revamped website…

Allianz Q3 operating profit declines in Australia

09 November 2020

Allianz has experienced a third-quarter property and casualty operating profit decline in Australia, while revenues were supported by pricing gains, according to figures released with the international group’s results...

Coronavirus clouds Genworth’s claims outlook

09 November 2020

Genworth Mortgage Insurance Australia third-quarter claims activity was lower than expected due to pandemic-linked government and lender support packages, but the group has increased reserving as the measures also cloud future visibility...

Gallagher buys employee development firm

09 November 2020

Gallagher has acquired Brisbane-based Effectus Consulting, an employee and leadership development firm offering strategies for human resources and talent development...

New PI-focused brokerage ‘not deterred by hard market’

09 November 2020

Melbourne-based brokerage Insurance Lab has launched in the market with a focus on arranging professional indemnity insurance for engineering and construction clients including building surveyors, project managers and environmental consultants...

Suncorp makes claims team changes

02 November 2020

Suncorp has made key changes to its claim operations following the restructuring of the insurance business into two divisions, as it continues to finalise arrangements under the new model...