The Broker

Broking pioneer Len Hanning dies

04 August 2022

Prominent Australian insurance broking figure Leonard Hanning, the former CEO of brokerage Alexander Howden and CE Heath, has died at the age of 79...

Set for November: compliance body spotlights code changes

04 August 2022

The Insurance Brokers Code Compliance Committee has released a paper comparing the 2014 code of practice and the revised version that comes into force later this year, highlighting the significant differences...

There and back again: acquired broker's AR journey

21 July 2022

To have started your own insurance business from scratch and sold it to an international giant, all by the age of 38, isn’t bad going – and Chris Park puts it down to an industry full of opportunity, the authorised representative model, and bucket-loads of hard work...

Strata review highlights retail client status for disclosure

21 July 2022

The Trowbridge review of strata insurance has highlighted that cover offered to owners corporations for residential buildings should be treated as retail policies “with all their associated disclosure and other regulatory obligations”...

ANZIIF to crown broking award winners next month

21 July 2022

Aon, Gallagher, Honan, Insurance Advisernet and Marsh are are the 2022 finalists vying for this year’s Large Broking Company of the Year award from the Australian and New Zealand Institute of Insurance and Finance...

IT challenges delay key code section's implementation

07 July 2022

The “disclosing remuneration” section of the National Insurance Brokers Association’s new code of practice will take effect a year later than expected after members raised implementation concerns...

Commissions: an alternative view

07 July 2022

The National Insurance Brokers Association has been very clear about commissions – banning them would cause “significant detriment” to the industry and consumers...

Construction industry seeing large premium increases

07 July 2022

The construction industry is seeing some of the largest increases in premiums as inflation, supply pressures and natural catastrophes affect the broader insurance renewals market, Honan Head of Placement Travis Wendt says...

Howden acquires NZ broker

07 July 2022

Howden Broking has announced the acquisition of New Zealand-based broker and risk manager Wallace McLean as it continues its expansion into the Pacific region...

Broker cleared in case of cancelled policy

07 July 2022

The owner of an earthmoving company has lost a case against his broker, who he claimed was liable for the theft of an excavator after a claim was denied...

Steadfast names new director

07 July 2022

Steadfast has appointed UK industry veteran Joan Cleary as a non-executive director from July 28...