John Mutton to lead Austbrokers Corporate
18 May 2020
AUB has appointed John Mutton to head its Austbrokers Corporate business following a rebranding and overhaul of Sydney-based broking firm InterRISK...
Corporate
Rural Affinity re-signs with Great Lakes
18 May 2020
Rural Affinity has again teamed up with Great Lakes Australia, signing a five-year agency and claims services agreement with the Munich Re-owned business...
360Globalnet introduces new digital claims platform
18 May 2020
Claims specialist 360Globalnet has introduced a new digital platform which promises faster claim lifecycles, saving brokers time and hassle...
Fitch lowers Genworth rating on COVID-19 fallout
18 May 2020
Fitch has lowered its Insurer Financial Strength rating on Genworth, reflecting the economic fallout of the COVID-19 pandemic on the Australian lender's mortgage insurance provider...
Suncorp well-placed to absorb virus impacts: S&P
18 May 2020
S&P Global Ratings says Suncorp’s update on COVID-19 related impacts has moderated its expectations for full-year earnings but has not undermined its view of the company’s underlying operations...
Aon targets Australian firms with new IP capacity
18 May 2020
Aon has established a new underwriting platform which it says has the world's largest capacity for intellectual property liability, saying the importance of risk mitigation in this area has never been higher...
AM Best cuts Ansvar outlook to negative
18 May 2020
AM Best has cuts its outlook for church, education and heritage insurer Ansvar to negative from stable due to financial impacts from exposure to physical and sexual abuse claims, discount rate movements and catastrophe events...
Forensic investigator GKA opens Perth office
18 May 2020
Fire forensic analysis company GKA Investigations Group, which works with insurers, is opening an office in Perth next month...
Kate Armstrong joins Suncorp's NZ board
18 May 2020
Kate Armstrong has joined Suncorp’s New Zealand boards...
Suncorp foresees GWP, claims impacts from coronavirus
11 May 2020
Suncorp expects a "modest drag" on gross written premium this financial year due to the take-up of hardship options and lower economic activity amid the COVID-19 outbreak, while landlord claims are set to rise...
IQumulate offers low-cost monthly premium option
11 May 2020
IQumulate Premium Funding has introduced a product to provide assistance for SMEs hard-hit by the continuing impacts of the coronavirus pandemic...
QBE puts its faith in comprehensive capital measures
11 May 2020
QBE says the actions taken in recent weeks to bolster its capital base will enable the business to ride out the challenges created by the virus pandemic...
Dual seeks more acquisitions after NZ deal
11 May 2020
Dual Asia Pacific is looking for more acquisition opportunities after last week announcing it has moved into the M&A arena with the purchase of a controlling interest in New Zealand’s International Underwriting Agencies...
Coles enters pet insurance market
11 May 2020
Supermarket giant Coles is offering pet insurance for dogs and cats, which will be underwritten by Guild Insurance...
Genworth prepares for defaults with hefty writedown
11 May 2020
Mortgage insurer Genworth lifted its gross written premium by almost a third in the first quarter but is now readying for home loan defaults with a $181.8 million writedown...
Travel insurer offers premium credits, deferrals
11 May 2020
Travel cover provider InsureandGo says it is offering partial credits and deferrals on premium payments to its customers in response to disruption caused by the coronavirus pandemic...
Tego steps in with cover for Indigenous clinic
11 May 2020
Medical indemnity underwriter Tego has provided cover to an Indigenous-focused organisation that wants to set up a COVID-19 testing centre for the community...
New anti-fraud specialist eyes opportunities from pandemic
11 May 2020
Barrister Andrew Tragardh, who helped Dual Australia recover $17.4 million that was stolen by a former employee, has opened a firm specialising in financial crime investigation...
IAG investment funds take hit, dividend in doubt
04 May 2020
IAG says there is "limited scope" to pay a final dividend this year due to its forecast insurance profit and a slump in investment income on shareholder funds...
Steadfast flags new IQumulate payment plan
04 May 2020
Premium funder IQumulate will launch an alternative payment plan for clients this week, parent company Steadfast says in a presentation released to the Australian Securities Exchange.