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3 December 2016
Austbrokers is expanding its film and television insurance business with the purchase of Film Insurance Underwriting Agencies (FIUA).
The purchase cost $4.5 million and will be funded from Austbrokers’ cash reserves.
The listed broker group made the acquisition through its wholly owned subsidiary Austagencies, whose MD Craig Patterson says FIUA writes about $6 million a year in premiums.
FIUA will be merged with Austbrokers’ film business Latitude Film & TV. Joe Lo Surdo will continue as FIUA’s MD while Latitude’s Cherie Madigan will become GM of FIUA.
FIUA Executive Director Neil McEwin will become a consultant to Austagencies.
Austbrokers has most recently increased its presence in NSW, acquiring through its subsidiary Austbrokers RWA Chris Mack Insurance Services in Coonabarabran, and Barry Taylor Insurance Brokers in Tamworth.
The company is due to report its half-yearly financial results next Monday.
2 December 2016
To oversee the policy, framework and execution of insurance risk, including underwriting, reserving and reinsurance across the Group, including providing support and appropriate second line challenge to all aspects of insurance risk, including performance.
2 December 2016
As part of a broader credit control team, you will be responsible for credit control functions that will result in sound achievement of targets and goals.
1 December 2016
Support data strategy initiatives delivering key data capabilities such as guidelines for data quality, master data and metadata across the group.