Lion Underwriting expands in marine
05 November 2018
Lion Underwriting has appointed William Rich as Portfolio Manager – Marine and has also secured capacity from underwriters at Lloyd’s to underpin the expansion…
Corporate
Westpac’s insurance revenue rises
05 November 2018
Westpac’s general insurance income increased to $181 million last financial year from $158 million the previous year…
Ensurance expands UK product line
05 November 2018
Ensurance has entered three partnerships to expand its specialist construction and engineering offerings in the UK – a key growth market for the Australian-listed insurance group…
Singapore underwriter eyes Australian market
05 November 2018
Singapore-based Criterion Underwriting opened for business last week and has revealed plans to expand to Australia…
Housing fall raises Genworth’s loss ratio estimate
05 November 2018
Genworth Mortgage Insurance Australia predicts its loss ratio this year will be higher than previously expected, due to a deteriorating housing market…
IAG bolsters climate change plan
29 October 2018
IAG has strengthened its climate action plan, introducing milestones for the next three years and a scorecard for responsible executives…
Funder turns to former Zurich chief
29 October 2018
Former Zurich CEO Raj Nanra has replaced Rachael Lavars at the helm of premium funder Macquarie Pacific Funding…
AUB shores up brokerage amid misconduct probe
29 October 2018
AUB Group has announced a new management agreement to ensure clients of Austbrokers Canberra are not affected by financial misconduct allegations…
Australia, NZ perform strongly in Gallagher’s Q3
29 October 2018
Gallagher Australia and New Zealand broking operations performed strongly in the third quarter amid a firming rate environment in major markets, President and CEO Patrick Gallagher said…
iSelect sees ‘strength’ in insurance
29 October 2018
iSelect says its life and general insurance arm is showing “strength” as it works to turn around the overall business, which suffered a loss last financial year…
Dual merges marine business with agency
29 October 2018
Dual Australia and Aviation & Marine Underwriting Agency in New Zealand are merging their marine operations to create a new business, Salt Marine Risks…
CHU compiles cladding guides
29 October 2018
Strata insurer CHU has prepared consumer fact sheets on legislative changes around aluminium composite panels in NSW, Victoria and Queensland…
Investors bet on blockchain group
29 October 2018
Insurance technology company Galileo Platforms has raised $US2 million in investment funding from backers including Melbourne-based Scale Investors…
Ansvar hosts more broker education forums
29 October 2018
Ansvar Insurance will hold broker education forums in Hobart and Canberra following the success of events in August…
Steadfast lifts forecast after strong start
22 October 2018
Steadfast has raised its earnings forecast after a strong first quarter and says it is well placed to pursue further acquisitions…
Suncorp reviews possible Resilium business sale
22 October 2018
Suncorp may decide to sell its Resilium authorised representative network after a review of the business…
AUB acts on alleged misconduct
22 October 2018
AUB has appointed external advisers and put an interim CEO in place at Austbrokers Canberra following alleged misconduct at the brokerage…
Evari partners with Honcho on small business cover
22 October 2018
Insurtech Evari has teamed up with online business assistance group Honcho to include insurance in a one-stop shop for start-ups…
Suncorp urges incumbents to embrace change
22 October 2018
Established companies should not use an uncertain and shifting landscape as an excuse to delay or defer investment, Suncorp CFO Steve Johnston…
Claims experts fill gap as consultant ICPS fails
22 October 2018
Queensland-based KMA Consulting Engineering has moved to fill the void left by risk survey consultant ICPS Australia, which is in voluntary administration…