Ensurance execs step in to shore up business
08 July 2019
Ensurance’s senior executives have thrown the business another lifeline, extending by two years the maturity of $2.2 million in convertible debt...
Corporate
iSelect targets SMEs with BizCover partnership
08 July 2019
Comparator iSelect has formed a partnership with BizCover to provide policies aimed at SMEs...
D&O rates to keep rising, Honan says
08 July 2019
The directors’ and officers’ insurance market will harden even further, driven by claims pressure following the Hayne royal commission and a growing risk of well-funded class actions against companies, Honan says...
IBNA brokers head to Steadfast as AIMS splits
01 July 2019
Insurance Brokers Network Australia members will move to Steadfast this year under a new arrangement that ends the 12-year-old AIMS joint venture with Austbrokers...
IAG eyes exit from Indian insurer
01 July 2019
IAG is considering selling its stake in Indian general insurer SBI General, further reducing its Asian footprint...
Lloyd’s players team up on emerging risks
01 July 2019
A group of senior Lloyd’s underwriters is funding a facility to speed the development of new reinsurance products...
Suncorp picks start-ups for incubator program
01 July 2019
Start-ups Eggy and Paypa Plane have been selected to participate in Suncorp’s inaugural Digital Incubator Program...
Sura seals Guild partnership
01 July 2019
Specialist underwriting agency group Sura is partnering with Guild Insurance’s intermediary division Acerta to provide professional indemnity cover across multiple portfolios...
Insevo parent buys Littlewoods
01 July 2019
Walden Path Group, the parent of insurance services provider Insevo, has acquired Sydney-based Littlewoods Services...
Next generation takes reins at LMI
01 July 2019
LMI Group has appointed Steven Manning as CEO, replacing his father and business founder Allan Manning...
AUB, Insurance Advisernet team up on shared equity option
24 June 2019
Insurance Advisernet’s authorised representative (AR) network members will have the option of a shared equity model through a new joint venture with AUB Group...
We don’t pay ransoms: Insurance House
24 June 2019
Insurance House Group refused to negotiate with cyber attackers who demanded a ransom to restore operations...
QBE joins financial inclusion program
24 June 2019
QBE will take part in a national program that promotes economic wellbeing, resilience and inclusion...
Gallagher continues Australian takeover spree
24 June 2019
Gallagher has taken ownership of P2 Group, an occupational health practice in Victoria, building on recent investments aimed at expanding its offerings in Australia...
AIG pulls out of NZ high-net-worth market
24 June 2019
AIG will no longer offer high-net-worth insurance in New Zealand from the end of next month, after discontinuing its Private Client Group home, contents and yacht cover...
Chairman lends Ensurance $2.5 million
24 June 2019
Ensurance’s Executive Chairman and its largest shareholder Tony Leibowitz has lent the loss-making company $2.5 million to support its “next phase of growth”...
Liberty’s commercial insurance arm rebrands
24 June 2019
Liberty International Underwriters last week started trading in Australia as Liberty Specialty Markets...
Swedish travel agency turns to Cover Genius
24 June 2019
Insurtech Cover Genius has secured an insurance partnership contract with Sweden’s Etraveli, one of Europe’s major online travel agencies...
Aon unveils cyber risk assessment tool
24 June 2019
Aon has launched a tool in Australia that can quickly evaluate an enterprise’s cyber-security profile...
Insurance House wrestles with cyber attack aftermath
17 June 2019
Insurance House Group still has experts working around the clock following a major cyber attack that crippled its systems more than a week ago...