Breaking News
AUB to make $432 million Prestige purchase
27 January 2026
AUB Group has struck an agreement to acquire UK broker and underwriting agency business Prestige for $432 million, furthering its international expansion...
Broker code review calls for broader remuneration disclosure
18 December 2025
The independent reviewer of the broking code of practice has called for disclosure of fees and commissions to all individual and small business customers...
Competition watchdog rejects IAG-RAC Insurance deal
11 December 2025
The competitor regulator has opposed IAG’s $1.35 billion acquisition of RAC Insurance, saying it could substantially reduce competition in the WA home and motor markets...
AUB buyout bid falls over
01 December 2025
A private equity acquisition of AUB Group will not proceed after the parties agreed to terminate discussions...
Robert Kelly returns as Steadfast CEO
17 November 2025
Steadfast co-founder Robert Kelly will return to his role as MD and CEO following the conclusion of an investigation into a workplace complaint...
Coverforce split among Steadfast businesses
05 November 2025
Coverforce’s business operations will be moved into other Steadfast companies, in a major shake-up following the acquisition of the broking group four years ago...
Steadfast CEO 'stands aside' as complaint investigated
30 October 2025
Steadfast CEO and MD Robert Kelly has "chosen to stand aside" on a temporary basis while an investigation is carried out into a workplace complaint against him...
AUB confirms $5 billion buyout bid
28 October 2025
AUB Group today confirmed it has received an offer for 100% of shares in the listed broking and underwriting giant...
Claim Central Property in administration as ‘extraordinary pressures’ take toll
22 October 2025
An administrator has been appointed at Claim Central Property, which has stopped trading...
Watchdog sues RACQ Insurance over ‘distorted’ price comparisons
23 September 2025
The corporate regulator has taken Federal Court action against RACQ Insurance alleging renewal documents provided false or misleading premium comparisons...
Regulator raises competition concerns over RAC deal
04 September 2025
IAG’s proposed acquisition of RAC Insurance is likely to substantially reduce competition in the motor and home and contents markets in WA, regulators say in a preliminary view...
Marsh promotes ‘exceptional leader’ to Pacific president role
02 September 2025
Marsh has appointed Damian Schinck as Pacific president, replacing Josh Roach, who has left the business...
Gallagher appoints new local CEO
01 September 2025
Marsh executive Alex Lumby will become Gallagher’s new CEO of Australian broking following the departure earlier this year of Sarah Lyons...
Steadfast announces significant acquisition, chairman retires
28 August 2025
Steadfast is accelerating its global expansion with the acquisition of a majority stake in US specialty underwriting agency and wholesale brokerage Novum Underwriting Partners...
McLardy McShane names new leaders as founders step back
14 August 2025
McLardy McShane has unveiled a new-look leadership structure as CEO Don McLardy and director Mike McShane move into executive board roles...
QBE strikes home cover deal with Sure
24 July 2025
QBE Australia Pacific has made new arrangements for broker-distributed householders cover with Sure Insurance and its Castle Insurance business...
Blue Zebra finds new underwriters for home, SME
26 June 2025
Underwriting agency Blue Zebra has secured a new capacity arrangement for its home building and contents, landlord and SME package products...
AIG hit with $30,000 code breach penalty
25 June 2025
The insurance code governance committee has imposed a $30,000 penalty on AIG Australia for breaching obligations to tell customers their complaints had been delayed or that they had the right to take matters to the ombudsman...
Allianz cleared to buy RAA Insurance
12 June 2025
The competition regulator has approved Allianz Australia’s $642 million acquisition of RAA Insurance following a review of market impacts...
Steadfast’s Fitzgerald outlines vision for new venture, names partner
23 May 2025
Experienced insurance executives Nigel Fitzgerald and Grant Cairns will team up later this year to launch a digitally led “underwriting venture” that aims to “redefine how insurance is delivered”...