Bet on Australia pays off for PSC-linked UK investor
29 June 2020
Investing in Australian insurance intermediaries has paid off for BP Marsh & Partners, a UK investor group in which PSC has a 20% stake...
Corporate
NM Insurance switches capacity provider
29 June 2020
Zurich will provide capacity for NM Insurance from July 17, after the underwriting agency’s relationship with AIG came to an end...
AUB forecasts 12-14% earnings growth
29 June 2020
AUB has forecast 12-14% underlying net profit growth this financial year following a strong performance since withdrawing earlier guidance amid uncertainty caused by the COVID-19 outbreak...
'Personal reasons': Blue Zebra co-founder quits
22 June 2020
Blue Zebra CEO Blair Nicholls has left the underwriting agency, with the business citing "personal reasons" as the reason for his departure...
Steadfast says business performing according to pre-virus expectations
22 June 2020
Steadfast Group's latest trading update suggests the business is on course to meet the guidance set before the virus pandemic took hold in March...
QBE trade credit moves hit Myer, David Jones
22 June 2020
QBE’s actions to reduce risk in its trade credit portfolio during the coronavirus outbreak have hit suppliers to department store groups Myer and David Jones...
New Suncorp HQ gives a nod to history
22 June 2020
Suncorp has recognised the history of the site of its new Brisbane head office by naming the complex Heritage Lanes...
Johns Lyng secures restoration contract with CHU
22 June 2020
Johns Lyng Group’s subsidiary RestorX, a contents and structural remediation specialist, has signed a national restoration services contract with strata specialist CHU...
360’s construction and engineering brand grows
22 June 2020
360 Underwriting Solutions is making changes to its construction and engineering branding after a key acquisition in the sector last year provided a platform for growth...
Board shuffle at Johns Lyng
22 June 2020
Johns Lyng Group has announced its Executive GM of Business Development and Marketing Philippa Turnbull has joined the board.
Suncorp names new tech chief
15 June 2020
Suncorp announced today that Adam Bennett has been appointed as Chief Information Officer, and will start on July 1, subject to regulatory approvals...
McLarens acquires Crawford-linked rival
15 June 2020
McLarens has acquired Lloyd Warwick International, a London-based oil and energy specialist loss adjuster that is jointly owned by its employees and Crawford & Company, for an undisclosed amount...
Flamingo Ai sale deal falls through
15 June 2020
Listed insurtech Flamingo Ai says a proposed deal to sell its operations to Rymamay Investments has fallen through and the artificial intelligence business will be discontinued unless an alternative acquirer can be found within 30 days...
RACQ fills new Group Executive Insurance role
15 June 2020
RACQ has appointed Tracy Green to the newly created role of Group Executive Insurance...
Zurich says Cover-More highly valued, entrepreneurial
15 June 2020
Sydney-based travel insurer Cover-More remains a highly valued business within Zurich’s global operations, the Swiss insurer’s APAC CEO Jack Howell says, applauding its "entrepreneurial mindset"...
Brisbane brokerage acquired by Gallagher
15 June 2020
CA Insurance Brokers has joined Gallagher’s Brisbane office in a deal which expands the global broker’s presence and capabilities in Queensland...
Hollard’s Heilig moves to Envest
15 June 2020
Insurtech investor Envest has recruited Hollard Commercial Insurance CEO Richard Heilig to help expand its insurance business...
Aerial imaging firm Nearmap targets insurers with AI offering
15 June 2020
Sydney-based digital imaging firm Nearmap has launched a new artificial intelligence product that it says will provide insurers with increased accuracy and speed to access critical data...
Keystone sees nearly 200 brokers enrol for portal
15 June 2020
Keystone Underwriting says nearly 200 brokers have enrolled to use an online portal developed ahead of the launch of the business as an independent firm with a new name in February...
Johns Lyng bucks trend with earnings upgrade
15 June 2020
Building services provider Johns Lyng Group has lifted its earnings forecast by 10%, saying it has experienced unprecedented demand following six separate catastrophic events...