Woolworths sets its sights at insurance
06 December 2005
Giant retailer Woolworths may be set to follow the example of UK and European supermarket chains by offering customers insurance products alongside their groceries…
Corporate
QBE moves into medical indemnity market
06 December 2005
QBE’s decision to partner with underwriting start-up Invivo Medical has been greeted with enthusiasm by the medical community as a sign that commercial competition is returning…
Tower’s rising, but not quite enough
29 November 2005
Trans-Tasman life insurer and fund manager Tower has reported a net profit of $NZ42.7 million, a figure that doesn’t include the sale of its Australian wealth management business…
Speculation over TIO sale
29 November 2005
In the wake of the Northern Territory Government’s Economic Development Summit last week, and the suggestion that Territory Insurance Office may be put up for sale…
NRMA says smash repairer fight affects brand
22 November 2005
IAG not only has a battle on its hands over the way its subsidiary NRMA Insurance is dealing with smash repairers…
PrefSure put up for sale by parent
22 November 2005
After being approached a number of times by potential buyers, South African life insurance company Liberty Group, the parent company of PrefSure Life, has put the subsidiary…
IAG looks at doubling its size in seven years
15 November 2005
No 1 insurer IAG intends to keep looking for new takeover targets in Asia and other international markets in a bid to boost its long-term earnings growth and double its size…
Insurance claims a keystroke away
15 November 2005
QBE and Ebix have launched a new online claims processing system designed specifically for intermediaries…
Quantrell mounts up
15 November 2005
Melbourne broker Alan Quantrell has moved into the equine insurance world with a new liability product underwritten by QBE…
Australis takes on leading underwriting agencies
08 November 2005
Arthur J Gallagher subsidiary Australis Group Underwriting has acquired InterPacific Underwriting, a move that will double the company’s premium income and make it…
IAG in talks with RACV over JV
08 November 2005
Insurance Australia Group is holding discussions with Victoria’s RACV about the future of its joint venture business, Insurance Manufacturers of Australia…
Industry trio form consulting group
08 November 2005
Former OAMPS identities Mark Silveira, Kingsley Lamont and Craig Harris have joined forces to start up a new business consulting company, First United Network…
GIO gains compensation licence
08 November 2005
GIO has taken over Jardine Lloyd Thompson’s WorkCover licence in Victoria…
WorkCover licence and new name for Wyatt Gallagher Bassett
08 November 2005
Claims management company Wyatt Gallagher Bassett has been given a licence to move into the NSW workers’ compensation market…
Cambridge wins workers’ comp contract
08 November 2005
Gallagher Bassett Services will have another brand-new competitor in the NSW workers’ compensation market, with Cambridge Integrated Services Australia announcing…
Austbrokers float on track
08 November 2005
Broker network Austbrokers is well on track to achieving a satisfactory outcome from its impending float…
NZ rural insurer moves to the city
08 November 2005
NZ insurer Farmers Mutual Group has moved its head office – and one third of its staff – to Wellington…
Ace marks anniversary with charity
08 November 2005
The Ace group of companies observed its 20th anniversary yesterday by running a “global day of service”, with employees in offices around the world taking on local community…
Suncorp pushes ahead despite risky outlook
01 November 2005
Suncorp has recorded a 33% increase in general profit to $821 million for this financial year but increases in underlying profit will be slower if the general insurance trading margin…
Zurich sends team to help US colleagues
01 November 2005
Zurich Australia has sent a team of claims professionals to help Zurich North America Commercial deal with claims resulting from hurricanes Katrina and Rita…