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Stream software product upgrade delayed

27 April 2020

Claims and insurtech specialist Stream Group says an upgrade to its core software product has been delayed, while it is also seeing low volume in its major New Zealand market...

QBE raises $1.2 billion, set to open retail offer

20 April 2020

QBE has completed its $US750 million equity placement and will tomorrow open a retail share purchase plan as part of a capital-raising to strengthen its defences through current economic and market uncertainty...

Broker demand for virtual risk assessment tool up 25%

20 April 2020

The past two weeks have seen a near 25% rise in demand from brokers locally and in the UK for iSurveyRisk, a cloud-based platform for virtual property risk assessments that is half-owned by Steadfast...

QBE steps up with $2.6 million for busy charities

20 April 2020

QBE is providing $2.6 million to assist charity partners including Red Cross and Save the Children as they deal with a rising demand for services and decreases in donations during the coronavirus pandemic...

Suncorp helps schoolkids stay connected

20 April 2020

Suncorp is helping bridge a growing "digital divide" faced by vulnerable Australian children with a million-dollar donation to the Smith Family...

IAG invests in US artificial intelligence firm

20 April 2020

IAG’s Firemark Ventures has invested in Chicago-based Arturo, which uses remotely accessed images and artificial intelligence to analyse commercial and residential properties...

IAG sharpens its focus on post-repair checks

20 April 2020

IAG says it is concentrating more on automotive post-repair inspections and critical repairs as part of its program to monitor and assess standards across its national motor and property networks...

S&P downgrades Westpac LMI outlook

20 April 2020

S&P Global Ratings has downgraded its outlook for Westpac Lenders’ Mortgage Insurance to negative from stable following similar action on the parent banking group...

QBE eases trade credit cover cutback

06 April 2020

A backlash from brokers and customers has prompted QBE to soften its plan to cut back its trade credit protection cover in response to the coronavirus crisis...

PSC moves ahead with Asia expansion

06 April 2020

PSC Insurance Group will expand into Asia after shareholders last week overwhelmingly approved the purchase of Hong Kong brokerage Charter Gilman and another business that is also based in the financial hub...

QBE puts LMI sales on hold over COVID-19 risk

06 April 2020

QBE has informed its bank partners the business will not be providing lenders’ mortgage insurance to borrowers who work in sectors that have been severely affected by the coronavirus outbreak...