The Broker
Commercial rates tipped to fall after flatlining in Q4
08 February 2024
Insureds are in the “driver’s seat” as commercial price rises continue to moderate, global broker Marsh says, as its latest market update shows Australian renewal rates weakened further in the fourth quarter of last year...
NIBA starts search for new CEO
08 February 2024
The National Insurance Brokers Association is looking for a new CEO after the resignation of Phil Kewin...
Industry warns of tricky transition as cheque phaseout begins
08 February 2024
The Insurance Council of Australia is working closely with the National Insurance Brokers Association to find a long-term solution for broker clients as the nation prepares to ditch cheques...
Watchdog rejects claim of strata broker commission ‘conflict’
08 February 2024
A broker has been cleared by the Australian Financial Complaints Authority after a former client alleged it recommended insurance that offered a higher commission rather than better coverage, deliberately delayed the claims process and failed to fulfil its professional duties...
insurance.com.au rolls out business cover for a 'fast-paced' age
08 February 2024
insurance.com.au has launched a new business package with options including building and contents cover, liability and business interruption, plus covers for theft, accidental loss of tools and equipment breakdowns...
Howden revenue climbs as acquisitions boost key markets
08 February 2024
Howden says revenue grew 33% to £2.44 billion ($4.71 billion) last financial year as it strengthened its position globally with acquisitions in countries including Australia and New Zealand...
Market Lane builds Barn in New Zealand
08 February 2024
Market Lane Insurance Group has expanded into New Zealand, opening a business in Christchurch...
Hutch to unveil PI product
08 February 2024
Hutch Underwriting will enter the financial lines market with the launch of a professional indemnity offering...
McLardy McShane promotes partnerships manager
08 February 2024
McLardy McShane Insurance Brokers has named Richard Davies as National Manager for AR Networks and Partnership...
NIBA names date for conference in Adelaide
08 February 2024
The National Insurance Brokers Association will host its annual three-day conference in Adelaide from October 20 to 22...
Strata group rejects ACIL concerns over best practice guidelines
14 December 2023
Strata Community Association has rejected criticisms from the Australian Consumers Insurance Lobby in the wake of the release of a new best practice guide around remuneration disclosure...
IBCCC recommends actions to improve code compliance
14 December 2023
The Insurance Brokers Code Compliance Committee has encouraged subscribers to be as transparent as possible around remuneration and has suggested processes for complaints handling...
Pressure on insurer margins ‘could affect brokers’
14 December 2023
National Insurance Brokers Association Vice President Nick Cook says pressure on insurer margins is a key issue for brokers to look out for next year...
Engineering insurance expert Barry Regan retires
14 December 2023
Miramar Senior Engineering Underwriter Barry Regan is retiring after 35 years working in the insurance niche...
BMS logo to be ‘proudly worn’ by Queensland’s rugby union stars
14 December 2023
Brokerage BMS Group is the new Principal Partner of the Queensland Rugby Union under a four-year deal...
Aviso team supports Movember fundraising campaign
14 December 2023
Aviso Broking has raised $5445 to improve men's health and wellness as 23 team members took part in the Movember Foundation fundraising campaign to promote men's health awareness...
Lockton New Zealand announces additions
14 December 2023
Lockton New Zealand has announced two new hires within its national operations with the appointments of Ala Aladwan and David Johnson...
Community Underwriting grant program supports 52 causes
14 December 2023
Community Underwriting is supporting 52 projects this year through its annual Small Grants Program...
Personal advice expansion rejected, but insurers permitted to give advice: Jones
07 December 2023
The Federal Government has rejected key Quality of Advice Review proposals to expand the definition of personal advice and create a good advice duty obligation, but is proceeding with other reforms that will have implications for general insurance...
‘In transition’: CGU explains changing SME appetite
07 December 2023
Trading platforms are altering the way insurers approach SME business, CEO CGU and WFI Jarrod Hill says...