QBE’s Australian jobs move delights union
11 September 2017
The Finance Sector Union has welcomed QBE’s decision to bring property claims jobs back to Australia from the Philippines, and urged other insurers to follow suit…
Corporate
Guy Carpenter makes senior appointments
11 September 2017
Andre Eisele has been appointed CEO of the Pacific region at Guy Carpenter following Tony Gallagher’s promotion to CEO Asia-Pacific…
Tower appeals over Vero purchase
11 September 2017
Tower has lodged its own appeal against the Commerce Commission’s decision to decline Vero’s application to acquire the third-placed New Zealand insurer…
iSelect opens kiosks to attract new customers
11 September 2017
iSelect will open kiosks in major shopping centres across the country from December, to raise its profile and attract new customers…
Acquisition extends Aon’s reach in north Queensland
11 September 2017
Aon has expanded its north Queensland business with the acquisition of brokerage Mark Kelly Insurance and Financial Services…
Stream reports further losses
11 September 2017
Claims services company Stream has reported a net loss of $324,842 for the six months to December 31 last year, compared with a loss of $13.78 million in the corresponding period of 2015…
Recoveries Group names new CEO
11 September 2017
Nicholas Harrak will become CEO of Recoveries Corporation from November 1, replacing co-founder, MD and CEO David Mond…
Hollard targets SME sector through Calibre acquisition
04 September 2017
Hollard has doubled its presence in the intermediated SME sector through the acquisition of Calibre Commercial Insurance…
Corkery leaves Sura
04 September 2017
AUB-owned specialist underwriting agency group Sura has announced the departure of the leader of two of its businesses…
Motor repairs drive up Tower claims costs
04 September 2017
Claims costs for Tower’s New Zealand business, excluding large loss events, are about $NZ1.9 million ($1.72 million) higher than last year, the insurer says in an update covering the four months to July 31…
Sports Underwriting chief steps down
04 September 2017
Sports Underwriting MD and founder Steve Gilbert has stepped down and handed the reins to Warren Mills, who has been with the business eight years…
Rural Affinity switches to Talbot
04 September 2017
Specialist agriculture underwriting agency Rural Affinity’s products will be underwritten by Talbot Underwriting Australia, which operates in the Lloyd’s insurance market, from October 8…
Friendsurance rolls out bike policy for Australia
04 September 2017
Friendsurance Australia has introduced the country’s first peer-to-peer insurance product – a comprehensive bike cover…
Zurich makes board appointments
04 September 2017
Zurich Australia has added John Mulcahy and Kevin Wright to its board…
Suncorp staff settle into flexible workspace
04 September 2017
Employees at Suncorp’s new Sydney office can choose how and where they work, and have access to yoga spaces, stand-up desks and a lounge area…
AUB predicts earnings lift after stronger annual result
28 August 2017
AUB Group forecasts its earnings will increase 5-10% this financial year after a stronger performance across all operating divisions in the past year…
‘Big beast’ Steadfast hails record result
28 August 2017
Steadfast has posted its fourth consecutive set of record results, as premium prices start to rise…
IAG acts on claims cost as margin takes hit
28 August 2017
IAG says it is working to address the claims cost pressures that affected its insurance margin last financial year…
Vero appeals Tower takeover block
28 August 2017
Suncorp subsidiary Vero New Zealand will appeal against the Commerce Commission’s decision to decline its application to acquire 100% of insurer Tower…
Acquisitions pay off as PSC profit soars
28 August 2017
PSC Insurance Group aims to build on the momentum created by its strong earnings result last financial year, with net profit almost doubling to $19.7 million…