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AUB says it’s buying Coverforce, but management says it’s 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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AUB appoints Mike Emmett as its next CEO

24 January 2019

Former Cover-More CEO Mike Emmett will become CEO of AUB Group from March 11, taking over from Mark Searles…

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WTW appoints Simon Weaver as Head of Australasia

7 January 2019

Willis Towers Watson has appointed Simon Weaver as Head of Australasia in a change that brings the division’s management structure into line with other regions.

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Sydney hailstorm declared a catastrophe as claims pour in

21 December 2018

Insurers are bracing for losses of hundreds of millions of dollars from last night’s Sydney hailstorm, which has been declared a catastrophe by the Insurance Council of Australia... 

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ICA condemns Fels ‘loyalty tax’ claims

21 December 2018

The Insurance Council of Australia has hit back hard at “reckless comments” by NSW Emergency Services Levy Insurance Monitor Allan Fels that renewing policyholders are charged a “loyalty tax” in the form of higher premiums...

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