AIG promotes broker engagement chief after CEO quits
26 May 2025
Kathleen Warden has taken the reins at AIG’s Australian operation after CEO Grant Cairns quit to help found a new underwriting business...
Corporate
Execs team up on underwriting venture
26 May 2025
Two prominent Australian industry executives will lead a new business that aims to “redefine” insurance delivery through AI and automation...
Tower says April floods to cost $3.7 million
26 May 2025
New Zealand insurer Tower says flooding caused by Cyclone Tam in April is likely to cost it $NZ4 million ($3.7 million)...
‘Serial entrepreneur’ joins board at top NZ insurer
26 May 2025
Tower has appointed Naomi Ballantyne as an independent director, filling a casual vacancy...
IAG eyes western expansion through RAC deal
19 May 2025
IAG has targeted growth in WA with the proposed $1.35 billion deal to acquire the RAC underwriting business and enter into a 20-year distribution agreement...
Regulator pushes back call on Allianz motor club move
19 May 2025
The Australian Competition and Consumer Commission says it is seeking further information from SA motoring club RAA on its proposed deal with Allianz, and has delayed the release of its findings...
‘No surprises’ as BOQ quits premium funding
19 May 2025
Brokers say the premium funding market is strong enough to handle the departure of Bank of Queensland from next month...
CGU secures insurance licence
19 May 2025
IAG's intermediated division has been granted a licence for its general insurance operations...
Wildfires, storms drive up QBE cat bill
12 May 2025
QBE’s catastrophe costs have reached about $US420 million ($654 million) for the year so far, the company told last week’s annual general meeting, where it affirmed full-year financial guidance...
IAG fills exec roles amid shake-up of intermediated arm
12 May 2025
IAG has revamped its intermediated division to create a “more agile, innovative and customer-focused business”...
Melbourne brokerage teams with McLardy McShane
12 May 2025
Stewart Insurance Group in Melbourne has entered a joint venture called McLardy McShane Stewart...
Helia examines employee share trades ahead of CBA news
12 May 2025
Helia Group’s board has engaged an independent adviser to review employee share trading before news broke the insurer was on track to lose its largest customer...
CBA contract loss threatens Helia position: S&P
12 May 2025
Helia’s competitive position in the lenders’ mortgage insurance market “could weaken” if it loses its Commonwealth Bank contract, S&P Global Ratings has warned...
Gilchrist Connell secures APAC partnership
12 May 2025
Law firms Gilchrist Connell and DAC Beachcroft have formed a strategic association to provide legal services for insurers, brokers and businesses in the Asia-Pacific region...
Australasia Underwriting unveils brand ‘evolution’
12 May 2025
Australasia Underwriting has rebranded as AUPL and expanded its general insurance offerings...
Allianz jumps on board with cruise line
12 May 2025
Allianz Partners Australia has joined forces with Norwegian Cruise Line on a new standalone travel cover...
SafetyCulture Care, Allianz agree eight-year deal
05 May 2025
Allianz Australia has signed an eight-year agreement to continue underwriting insurance through agency SafetyCulture Care, which focuses on using technology to reduce risks...
British underwriter eyes Australian market ‘momentum’
05 May 2025
Carbon Underwriting’s new CEO Jacqui Ferrier says the Australian market offers opportunities for specialist underwriters and is “very much on our radar”...
Labor home loan plans pose instability risk, Helia says
05 May 2025
Lenders’ mortgage insurance specialist Helia Group says the Labor government’s proposed Home Guarantee Scheme changes are counterproductive to making home ownership more accessible...
Crash repairer AMA reports improved quarter
05 May 2025
AMA Group has reported a stronger third-quarter result and provided a full-year earnings forecast as it continues to pursue performance improvements...