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Breaking News

AUB drops Coverforce takeover plan

9 December 2019

AUB has abandoned its plan to acquire Coverforce Holdings after failing to gain access to key documents required to finalise the deal...

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AIG names new Australia CEO

8 November 2019

AIG has appointed Fairfax Financial executive Nigel Fitzgerald as CEO Australia, taking over from Noel Condon who will leave the business...

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Former Dual claims manager gets 9.5 years' jail

18 October 2019

Former Dual Australia claims manager Josie Gonzalez has been sentenced to 9.5 years in jail and her husband Alvaro to 7.5 years for defrauding the underwriting agency of $17.4 million...

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Suncorp appoints Steve Johnston Group CEO

9 September 2019

Suncorp has named Steve Johnston as Group CEO following the departure of Michael Cameron in late May...

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AUB says its buying Coverforce, but management says its not for sale

2 August 2019

AUB Group says it intends to acquire Coverforce Holdings after reaching agreement with the brokerage’s private equity investor Pemba Capital Partners…

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AUB resets AIMS mission after IBNA exit

29 July 2019

AUB Group has announced a restructure of AIMS, its former joint venture between Austbrokers and independent broking group IBNA...

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Allianz strikes gold at Mansfields

26 July 2019

Allianz Australia has won the Gold Mansfield Award for excellence in claims-handling for the second year in a row...

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Chubb unveils new division, key appointments

25 July 2019

Chubb has set up a new small commercial and mid-market division, to be headed by former Calibre CEO Mike Hooton, as it reports rapid growth in SME business.

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PSC buys Griffiths Goodall brokerage

9 July 2019

PSC Insurance Group will buy the broking business of Shepparton-based Griffiths Goodall, which was the target of an Australian Securities and Investments Commission raid earlier this year...

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Jury finds Josie and Alvaro Gonzalez guilty of Dual fraud

4 July 2019

A jury today returned a guilty verdict in the $17.4 million Dual fraud trial involving the underwriting agency’s former national claims manager Josie Gonzalez and her husband Alvaro…

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Allianz to exit Australia and NZ long-tail risks

3 July 2019

Allianz Global Corporate & Specialty will cease underwriting long-tail financial risks in Australia and New Zealand from September following a strategic review of the business...

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Tokio Marine buys IAG specialist agency

2 July 2019

IAG has sold its Accident and Health International Underwriting agency to Tokio Marine Management...

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IBNA quits AIMS to join Steadfast

26 June 2019

The Insurance Brokers Network of Australia – part of the AIMS joint venture – is splitting up with Austbrokers and moving across to the Steadfast network...

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AUB and Insurance Advisernet launch new venture

20 June 2019

AUB Group and Insurance Advisernet have set up a new joint venture to acquire non-controlling shareholdings in the authorised representative network's members in Australia and New Zealand...

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Suncorp CEO Michael Cameron steps down

27 May 2019

Suncorp CEO Michael Cameron has stepped down after almost four years in the top role and seven years as a board member…

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Dwyer steps down as PSC MD

13 May 2019

PSC Insurance Group has appointed Tony Robinson as MD following a decision by Paul Dwyer to step down from the role…

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Suncorp confirms Resilium sale

25 March 2019

Suncorp will sell its authorised representative network, Resilium, through a management buyout led by Adrian Kitchin, the company said today…

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Steadfast acquires premium funding operation

18 March 2019

Steadfast has acquired 100% of Macquarie Pacific Funding from Macquarie Bank, as it looks to take the business “to the next step”…

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Aon considers bid for Willis Towers Watson

6 March 2019

Aon says it is considering making an offer for rival Willis Towers Watson, in what could be the biggest merger in the global broking sector…

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Hayne calls for general insurance commissions review

4 February 2019

The Hayne royal commission has stopped short of calling for a ban on general insurance commissions, instead recommending a further review…

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