Partnerships lift Cover-More profit
03 March 2014
Travel insurer Cover-More says first-half profit has soared on premium growth, e-commerce ventures and strong distribution partnerships with agencies such as Flight Centre…
Corporate
French comes home as Ace Australia-NZ chief
03 March 2014
John French will return to Australia, where he began his insurance career with Ace, to become the company’s Country President of Australia and New Zealand.…
QBE brings in regional underwriting chief
03 March 2014
QBE has appointed Todd Wilhelm as Head of Underwriting Asia-Pacific, to drive growth in the region…
CGU changes to ‘see it through’
03 March 2014
CGU has revised its brand, with blue being dropped from the logo to leave a single green colour, and the tagline “see it through”…
Xchanging posts 10.1% profit rise
03 March 2014
Outsourcing company Xchanging has reported a 10.1% rise in adjusted operating profit to £55.5 million ($103.37 million) for last year…
Insured Group delisted as directors quit
03 March 2014
Insured Group will be delisted by the New Zealand Stock Exchange on March 7…
Altiora changes name to HostSure
03 March 2014
Altiora Insurance Solutions has rebranded as HostSure…
Underwriting purchases ‘on radar’ for Steadfast
24 February 2014
Steadfast is pursuing underwriting acquisitions and investigating a move into retail lines…
Strong performance boosts IAG
24 February 2014
IAG’s profit grew to $642 million in the six months to December 31, up 39% on the corresponding period in 2012, with MD Mike Wilkins saying rate increases are slowing…
Macquarie resurrects Pacific premium funder brand
24 February 2014
Macquarie Premium Funding today rebranded as Macquarie Pacific Funding, a move CEO Stuart White says acknowledges its “dual heritage”…
Suncorp sets strategy to grab commercial business
24 February 2014
Suncorp Group will benefit from rising investment yields, lower reinsurance prices and market disruption this year, according to CEO Patrick Snowball…
Quake costs dent Wesfarmers Insurance earnings
24 February 2014
Wesfarmers Insurance earnings fell 4.8% to $99 million in the first half of this financial year, as Christchurch earthquake cost estimates increased…
The underdog days are over, says Premium Funding
24 February 2014
A privately owned premium funding company says it is “right up there with the majors” thanks to its investment in innovation and technology…
McKenzie takes Cerno operations role
24 February 2014
Cerno has appointed Don McKenzie as Acting COO, adding to his Executive Director – Transformation role as the loss adjuster overhauls its business…
Austbrokers diversifies with Procare acquisition
24 February 2014
Austbrokers has acquired 50% of Sydney-based workers’ compensation provider Procare, in the broker group’s first major acquisition of the year…
Hollard CEO Enthoven to focus on local market
24 February 2014
Hollard Australia CEO Richard Enthoven has stepped down from international roles to focus on the business he set up in Sydney 15 years ago…
BMS announces new CEO
24 February 2014
Broker BMS Group has appointed Brett Field as CEO of its Australian office…
Arch joins consortium with Singapore Lloyd’s syndicates
17 February 2014
Lloyd’s global underwriter Arch has joined four of the market’s Singapore-based syndicates to launch a consortium for Australian commercial property cover…
QBE drops loss adjuster Cerno
17 February 2014
QBE has removed Cerno from its loss adjusting panel following a review of external services…
CommInsure GI business grows 9%
17 February 2014
CommInsure’s general insurance business has reported annual gross written premium of $650 million for the six months to December 31, up 9% on the corresponding period in 2012…