Steadfast bulks up board
15 April 2013
Steadfast has confirmed the appointment of two new board directors ahead of its upcoming public listing…
Corporate
Steadfast adds to network ahead of float
08 April 2013
Broker group Steadfast has bought two underwriting agencies and two brokerages as it shapes up for a public float later in the year…
Neal to drive costs down at QBE
08 April 2013
QBE aims to strip at least $250 million of costs from the business by 2015, CEO John Neal told shareholders at the AGM late last month…
Cerno splits from Claim360, goes for Stream
08 April 2013
Loss adjuster Cerno has exited its Claim360 joint venture with Claim Central Holdings and formed a new partnership with claims solutions provider Stream Group…
XL restructures Asia-Pacific operations
08 April 2013
XL Group is to integrate its Australia, Singapore, Labuan (Malaysia), Hong Kong and China insurance operations…
Robinson retires from Centrepoint
08 April 2013
Centrepoint Alliance CEO Tony Robinson has left the company, and is being replaced by former TAL CFO John de Zwart…
Willis Re announces new CEO
08 April 2013
Cameron Green has become CEO of Willis Re Australia, replacing new Chairman Michael Harden…
Guy Carpenter appoints agriculture head
08 April 2013
Peter Book has joined Guy Carpenter as Head of Agriculture Practice for Asia-Pacific…
IAG adds Scheinkestel to board
08 April 2013
IAG has appointed Nora Scheinkestel as a non-executive director…
IC Frith acquires NSW brokerage
08 April 2013
National broker IC Frith has taken an equity stake in NSW generalist brokers Hignett Knight Insurance…
Allianz Global Assistance buys NZ travel specialist
08 April 2013
Allianz Global Assistance has acquired New Zealand-based Comprehensive Travel Insurance as part of its growth strategy for the region…
Bank again extends Insured Group loan
08 April 2013
The total loan is for $5 million, but St George Bank has forgiven the premium financing liability of $2.7 million; this will be reinstated if conditions in the deed of settlement are not realised…
Lumley increases marine focus
25 March 2013
Lumley Insurance has added four senior staff to its marine team, as part of a drive to enhance its service to brokers…
Jobs go as Zurich scuttles Associated Marine
25 March 2013
Zurich has laid off up to 27 staff as it absorbs the former Associated Marine operation into its mainstream business…
AIG goes direct
25 March 2013
AIG is making its first foray into direct insurance in Australia, with a website selling event cancellation, health, travel and personal accident cover…
Ansvar returns to profit
25 March 2013
Ansvar made a $2.85 million profit in the year to December 31, recovering from a loss of $2.95 million in 2011 following the Christchurch earthquakes…
Mackinnon targets growth with Gow-Gates
25 March 2013
Well-known broker Chris Mackinnon is returning to Australia from the UK to take up a position as the new CEO of Sydney brokerage Gow-Gates…
Flannagan to leave Tower as shareholders question direction
25 March 2013
Long-serving MD Rob Flannagan is to leave Tower Group, after telling last week’s annual general meeting the company is well positioned for organic growth…
JLT placement division up and running
25 March 2013
JLT Australia’s national placement division is now operational, with former Aon chief broking officer Bob Mann as Chairman…
Mecon Winsure opens Perth office
25 March 2013
Underwriting agent Mecon Winsure Insurance Group has opened a Perth office, to better service its “ever-growing client base” in WA, according to CEO Glenn Ross…