The Broker
Chicken farmer wins business interruption dispute
27 March 2025
A poultry farmer has secured a $100,000 increase to a storm-related business interruption payout, after the complaints authority found their insurer mishandled the claim and failed to justify a lower offer...
No soft market for Steadfast, Kelly says
27 March 2025
The latest Marsh commercial index shows the composite rate falling 8% in the region and actuarial group Finity says “we are well and truly in a soft market” – but Steadfast CEO Robert Kelly does not agree...
‘Great news’ for clients as NZ rates soften
27 March 2025
Gallagher says commercial rates in the New Zealand market have softened, bringing relief for businesses after several years of rises...
Arch recruits senior underwriter from Chubb
27 March 2025
Arch Insurance Australia has appointed Carey Sturgiss as professional indemnity senior underwriter for the southern region, covering Victoria, WA, SA and Tasmania...
Call for rethink on ‘unfair’ terror pool pricing
20 March 2025
A broker has criticised the way terrorism pool premiums are calculated and called for reform or even removal of the program...
Marsh Pacific reports record year for M&A work
20 March 2025
The Marsh Pacific team worked on a record number of mergers and acquisitions last year as activity increased after a slow start and demand rose for warranty and indemnity insurance...
NIBA meets BIBA to discuss ‘common issues’
20 March 2025
National Insurance Brokers Association CEO Richard Klipin and past president Gary Okely are in London to meet their UK counterparts...
Rural Affinity extends Munich Re tie-up
20 March 2025
Underwriting agency Rural Affinity has extended its partnership with Munich Re Specialty...
Resources sector flags insurance barriers in clean energy switch
20 March 2025
Natural resources companies expect to invest more in clean energy technology and infrastructure this year, a survey by WTW business Willis shows...
Intermediary plugs in ‘game-changing’ Javln tech
20 March 2025
Brokerage McKenzie Ross will start using Javln products under a new partnership with the insurance software provider...
NIBA offers early bird tickets to convention
20 March 2025
The National Insurance Brokers Association has opened registrations for its annual convention...
Ausure hails Gold Coast conference
20 March 2025
Ausure says its conference on the Gold Coast last month attracted more than 300 delegates...
NZ brokerage suffers cyberattack
13 March 2025
New Zealand’s Vercoe Insurance Brokers says its IT systems were recently “compromised” by cybercriminals and external experts are investigating the “full scope and nature of any malicious activity”...
ASIC sues adviser over ‘security lapses’ after hack
13 March 2025
The corporate regulator is taking investments adviser FIIG to court over alleged cybersecurity failures that led to the theft of clients’ confidential data...
Risk advice crucial amid overwhelming change: Vero
13 March 2025
Businesses increasingly look to the insurance industry not just for coverage but for strategic support managing complex and evolving risks, and brokers are “at the forefront of this shift”, Vero says...
Brokers warn of coverage risk in NZ’s favourite suburbs
13 March 2025
Homeowners in some of the most popular places in New Zealand risk having “no cover at all” if a natural hazard strikes, brokers warn...
Marsh adds pair to exec committee
13 March 2025
Marsh says Andrew George and John Donnelly will join its executive committee...
WTW partners with Liberty to transform digital trading on specialty risks
13 March 2025
Global broking and advisory firm WTW says Liberty Specialty Markets will be an early adopter of its digital trading platform, Neuron...
McLardy McShane re-signs with Demons
13 March 2025
McLardy McShane has extended its spell as the official insurance adviser partner for AFL club Melbourne Demons...
Carbon specialist enters ‘growing’ Australian market
13 March 2025
Lloyd’s coverholder Kita will start offering carbon insurance products in Australia...