Ebix storms ACORD awards
07 June 2010
Global e-commerce developer Ebix has confirmed its dominance in the insurance software market, winning six gongs at the Association for Co-operative Operations Research and Development…
Corporate
CTP worries profitable RACQ Insurance
07 June 2010
Personal lines insurer RACQ Insurance has evaded weather event claims and raised premiums to return to profit last year…
Zurich adds financial lines claims team
07 June 2010
Three former Chubb Insurance claims specialists have been recruited by Zurich Financial Services Australia to improve its financial lines offering through a dedicated in-house claims team…
IAG in downgrade
02 June 2010
IAG this morning announced it will radically realign its UK business and push further rate increases after announcing its third profit downgrade this year…
Cluster linked to broker tech firm sale
31 May 2010
Melbourne-based insurance technology firm InsuranceConnect is negotiating its sale to a major cluster group…
Allianz takes stakes in crop underwriters
31 May 2010
Allianz Australia has taken major stakes in specialist crop underwriting agencies Agricola Underwriting Management and Primacy Underwriting Agency as part of a global push into crop insurance lines…
Storms lash Wesfarmers profitability
31 May 2010
Wesfarmers Insurance has downgraded its full-year profit outlook after “unparalleled” storm claims wiped nearly $30 million from its bottom line…
Zurich launches into accident and health
31 May 2010
Zurich Financial Services Australia has launched accident and health cover as part of the insurer’s global push into the business…
Reynolds steps up at Steadfast
31 May 2010
Steadfast Group has announced two senior management changes following the retirement of Executive GM John Phillips…
Ansvar CEO quits
31 May 2010
Ansvar CEO John Peberdy will stand down from the company on July 30 after 12 years in the top job…
AAMI confirms small number of layoffs
31 May 2010
Personal lines insurer AAMI has confirmed the redundancy of 31 roles in the ACT and Tasmania as part of ongoing restructuring across the Suncorp general insurance business…
Suncorp promises efficiency gains
24 May 2010
Suncorp has promised its insurance business will deliver an underlying margin improvement of at least 3% over the next two years, backed by annual savings of $235 million…
Ebix builds on Australia-NZ exchange experience
24 May 2010
Global insurance software developer Ebix Inc has entered the US property and casualty technology exchange market by acquiring Connective Technologies…
Funder switches to new platform
24 May 2010
Macquarie Premium Funding has switched on its new platform, MPF Online…
Calliden maintains the faith
24 May 2010
Calliden Group expects to sell more policies at a higher price in the coming year as it looks to reverse last year’s loss and return to profitability…
Zurich upgrades motor fleet cover
24 May 2010
Zurich Financial Services Australia has rolled out key policy wording upgrades as part of a push to grow its share of the motor fleet insurance market…
US results push Ebix to first-quarter record
17 May 2010
Software provider Ebix has posted its best quarter on record on the back of high US sales…
CommInsure shaken, not stirred by storms
17 May 2010
Storms in Melbourne and Perth have dampened profit expectations for Commonwealth Bank’s general insurance operations, but losses aren’t expected to affect the larger group…
IAG warns investors about undervalued share offers
17 May 2010
IAG has warned shareholders to beware of undervalued offers for company shares, with estimates showing company investors have lost around $17 million on lowball offers since 2002…
Rural & General advertises for franchisees
17 May 2010
Rural & General Insurance Broking is offering franchise opportunities across Australia in a drive to expand its business…