insuranceNEWS.com.au - Breaking News

Aviso recruits former Marsh, Lockton CEOs

Thu, 19 Mar 2026 05:46:21 GMT

Aviso Specialty has appointed former local Marsh boss Josh Roach as its new CEO, with ex-Lockton chief Paul Marsden joining the board as executive director of broking...

ASIC sues over ‘misleading’ Budget Direct ads

Fri, 27 Feb 2026 00:11:47 GMT

The corporate regulator is suing Auto & General over alleged policy discount misrepresentations in Budget Direct insurance adverts viewed by millions of consumers...

EML acquires majority stake in Guild

Wed, 25 Feb 2026 05:22:00 GMT

EML Group has secured a majority stake in Guild Insurance, in a strategic partnership that aims to open up growth opportunities and fast-track development of tech and AI...

Steadfast confirms details of CEO Kelly’s retirement

Mon, 23 Feb 2026 09:51:50 GMT

Steadfast's search for a new group CEO is under way after Robert Kelly confirmed his pending retirement to the board...

Swiss Re commercial arm to buy QBE trade credit operation

Fri, 20 Feb 2026 00:27:54 GMT

QBE has agreed to sell its global trade credit and surety business to Swiss Re Corporate Solutions...

Austbrokers Countrywide and Adroit to merge

Thu, 19 Feb 2026 00:58:34 GMT

Austbrokers Countrywide and Adroit Insurance & Risk will merge to strengthen the combined group’s presence across Melbourne, regional Victoria and southeast Queensland...

AUB to make $432 million Prestige purchase

Mon, 26 Jan 2026 23:45:25 GMT

AUB Group has struck an agreement to acquire UK broker and underwriting agency business Prestige for $432 million, furthering its international expansion...

Broker code review calls for broader remuneration disclosure

Thu, 18 Dec 2025 08:00:00 GMT

The independent reviewer of the broking code of practice has called for disclosure of fees and commissions to all individual and small business customers...

Competition watchdog rejects IAG-RAC Insurance deal

Wed, 10 Dec 2025 22:29:30 GMT

The competitor regulator has opposed IAG’s $1.35 billion acquisition of RAC Insurance, saying it could substantially reduce competition in the WA home and motor markets...

AUB buyout bid falls over

Sun, 30 Nov 2025 22:00:57 GMT

A private equity acquisition of AUB Group will not proceed after the parties agreed to terminate discussions...

Robert Kelly returns as Steadfast CEO

Mon, 17 Nov 2025 08:13:44 GMT

Steadfast co-founder Robert Kelly will return to his role as MD and CEO following the conclusion of an investigation into a workplace complaint...

Coverforce split among Steadfast businesses

Wed, 05 Nov 2025 06:01:06 GMT

Coverforce’s business operations will be moved into other Steadfast companies, in a major shake-up following the acquisition of the broking group four years ago...

Steadfast CEO 'stands aside' as complaint investigated

Thu, 30 Oct 2025 06:54:13 GMT

Steadfast CEO and MD Robert Kelly has "chosen to stand aside" on a temporary basis while an investigation is carried out into a workplace complaint against him...

AUB confirms $5 billion buyout bid

Mon, 27 Oct 2025 22:36:38 GMT

AUB Group today confirmed it has received an offer for 100% of shares in the listed broking and underwriting giant...

Claim Central Property in administration as ‘extraordinary pressures’ take toll

Wed, 22 Oct 2025 05:20:25 GMT

An administrator has been appointed at Claim Central Property, which has stopped trading...

Watchdog sues RACQ Insurance over ‘distorted’ price comparisons

Tue, 23 Sep 2025 00:58:58 GMT

The corporate regulator has taken Federal Court action against RACQ Insurance alleging renewal documents provided false or misleading premium comparisons...

Regulator raises competition concerns over RAC deal

Wed, 03 Sep 2025 23:42:50 GMT

IAG’s proposed acquisition of RAC Insurance is likely to substantially reduce competition in the motor and home and contents markets in WA, regulators say in a preliminary view...

Marsh promotes ‘exceptional leader’ to Pacific president role

Tue, 02 Sep 2025 00:50:14 GMT

Marsh has appointed Damian Schinck as Pacific president, replacing Josh Roach, who has left the business...

Gallagher appoints new local CEO

Mon, 01 Sep 2025 09:02:26 GMT

Marsh executive Alex Lumby will become Gallagher’s new CEO of Australian broking following the departure earlier this year of Sarah Lyons...

Steadfast announces significant acquisition, chairman retires

Thu, 28 Aug 2025 10:01:10 GMT

Steadfast is accelerating its global expansion with the acquisition of a majority stake in US specialty underwriting agency and wholesale brokerage Novum Underwriting Partners...