Ruralco’s stake in Ausure pays off
22 May 2017
Agribusiness Ruralco, which owns a 50% interest in joint venture Ausure Consolidated Brokers, grew its net profit by 15% to $12.4 million in the half-year to March 31…
Corporate
Stream reports $14 million loss
22 May 2017
Troubled claims services company Stream Group has reported a net loss of $14.25 million for the 12 months to June 30 last year…
QBE shifts to ‘Brexit-friendly’ structure
22 May 2017
QBE European Operations has made a series of changes in preparation for the post-Brexit business landscape…
Ensurance products debut on comparator
22 May 2017
Ensurance’s home and contents products are now available on comparison website Comparethemarket.com.au…
Gallagher starts CEO hunt as BMS grabs Godden
15 May 2017
Arthur J Gallagher will start the search for a new Australian CEO following the resignation of Andrew Godden…
Technology holds key to future success, new Allianz MD says
15 May 2017
Technology will play an increasingly crucial role in Allianz Australia’s growth plans, according to incoming MD Richard Feledy…
Allianz Australia posts loss as parent blames storms for Q1 profit fall
15 May 2017
Allianz Australia has logged a first-quarter property and casualty operating loss of €15 million in results posted by its parent company…
Genworth gains approval for share buyback
15 May 2017
Genworth Mortgage Insurance Australia may buy back up to 125 million shares after gaining approval to do so at the annual general meeting last week…
Aon aligns key commercial, broking roles
15 May 2017
Aon Risk Solutions has appointed James Baum to key positions in its Australian commercial and broking businesses, as it pursues greater alignment between the two operations…
Australia a bright spot for Crawford as global profit drops
15 May 2017
Claims management group Crawford & Company remains upbeat about its Australian operations after a global first-quarter profit decline…
CCC partnership to foster innovation in digital claims
15 May 2017
Claim Central Consolidated has extended its strategic partnership with global real-time video and documentation company Livegenic…
PSC seals deals on 3 brokerages
08 May 2017
PSC Insurance Group has spent more than $5 million on acquisitions, including $4 million for travel insurance agency Online Insurance Brokers…
New Allianz MD will focus on customers, digital future
08 May 2017
Incoming Allianz Australia MD Richard Feledy’s immediate priorities are to advance the insurer’s digital capabilities and improve its client focus…
IAG shakes up its AR network leadership
08 May 2017
IAG-owned authorised representative group National Adviser Services has announced a new leadership team to grow its authorised representative network, which expanded following the acquisition of Westcourt General Insurance Brokers…
QBE eyes insurtech partners, prepares for Brexit
08 May 2017
QBE has shortlisted seven insurtech start-ups for partnerships and expects to finalise agreements with three or four as part of a potential $US50 million investment program…
Resilium gives ARs portfolio ownership
08 May 2017
Authorised representatives with the Suncorp-owned Resilium network can now own their portfolios…
CBL taps Brexit opportunities
08 May 2017
New Zealand’s CBL Corporation is working to capitalise on new business opportunities created by Britain’s pending divorce with the European Union…
Genworth profit slides as tighter lending criteria bite
08 May 2017
Genworth Mortgage Insurance Australia has reported a 22.4% decline in first-quarter net profit to $52.2 million, as tighter regulations hit the residential housing market…
QBE defends actions over Lockhart River air crash
08 May 2017
QBE has been accused of intimidating families of victims of the Lockhart River air crash and forcing them to drop their US compensation claims…
IAG joins smash repairer accreditation program
08 May 2017
IAG’s partner motor repairers can now attain I-CAR Gold Class accreditation thanks to a joint initiative between the insurer and the non-profit training provider…