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WTW beefs up its M&A capability

05 August 2019

Willis Towers Watson has further bolstered its mergers and acquisitions presence with last week’s purchase of Risk Capital Advisors, a broker that specialises in this area...

Marsh sees JLT integration tracking well

05 August 2019

Marsh & McLennan CEO Dan Glaser says clients in Australia are “reacting positively” following the acquisition this year of rival broker JLT and the global integration is tracking in line with expectations...

Flamingo cuts costs, lifts quarterly revenue

05 August 2019

Insurtech Flamingo Ai says it has undertaken significant efforts to reduce operational costs as it lifted revenue to $276,000 in the three months to June 30, up from $133,000 in the prior three months...

SA brokers merge into Surewise

29 July 2019

South Australian brokerage Surewise will begin formally trading under its new name on Thursday after a merger of three Adelaide-based businesses that are majority owned by Steadfast Group...

Honan takes 3% stake in real estate disruptor

29 July 2019

Honan Insurance has agreed to invest $500,000 for a 3% stake in B2B real estate disruptor The Agency Group Australia, and says it is also in “widespread talks” about other possible partnerships...

S&P lowers Australian LMI ratings

29 July 2019

Ratings agency S&P has lowered its ratings on two Australian lenders’ mortgage insurance heavyweights, reflecting a structural decline in the industry and a weakened local competitive position...

NTI accepted as trucking association member

29 July 2019

National Transport Insurance has been unanimously accepted as an associate member by the council of the Australian Trucking Association (ATA), which represents 50,000 businesses and 200,000 people in the industry...

IAG among top 10 philanthropic companies

29 July 2019

IAG is one of Australia’s top 10 philanthropic companies, donating a larger percentage of its profits to charitable causes than all but eight of Australia’s large ASX-listed firms...

Finity acquires AI firm

22 July 2019

Actuarial consultancy Finity has purchased Sydney-based artificial intelligence analytics firm Deep Logic for an undisclosed sum...

Legal dispute settles out of court

22 July 2019

A confidential out of court settlement has ended a lengthy legal dispute between six former owners of the SRS underwriting agency and major broker Gallagher...

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