insuranceNEWS.com.au - CorporateGeneral insurance and financial services news from Australia and around the worldhttps://www.insurancenews.com.au/en-auIAG tips motor club deals to bring ‘considerable growth’https://www.insurancenews.com.au/corporate/iag-tips-motor-club-deals-to-bring-considerable-growthhttps://www.insurancenews.com.au/corporate/iag-tips-motor-club-deals-to-bring-considerable-growth<p>IAG says its acquisition-led growth strategy is delivering results and it anticipates an immediate earnings boost from RACQ Insurance...</p>Mon, 27 Oct 2025 03:07:39 GMTPrivate investor seals Johns Lyng takeoverhttps://www.insurancenews.com.au/corporate/private-investor-seals-johns-lyng-takeoverhttps://www.insurancenews.com.au/corporate/private-investor-seals-johns-lyng-takeover<p>Pacific Equity Partners has completed its acquisition of Johns Lyng Group...</p>Mon, 27 Oct 2025 03:07:18 GMTCGU to contact customers affected by Claim Central halthttps://www.insurancenews.com.au/corporate/cgu-to-contact-customers-affected-by-claim-central-halthttps://www.insurancenews.com.au/corporate/cgu-to-contact-customers-affected-by-claim-central-halt<p>Administrators will hold a creditors&rsquo; meeting on Wednesday to discuss options for the Australian property business of Claim Central...</p>Mon, 27 Oct 2025 03:07:07 GMT360 moves into casualtyhttps://www.insurancenews.com.au/corporate/360-moves-into-casualtyhttps://www.insurancenews.com.au/corporate/360-moves-into-casualty<p>360 Underwriting Solutions has launched a casualty agency offering tailored products backed by capacity partner Lloyd&rsquo;s...</p>Mon, 27 Oct 2025 03:06:46 GMTTego marks anniversary with innovation award winshttps://www.insurancenews.com.au/corporate/tego-marks-anniversary-with-innovation-award-winshttps://www.insurancenews.com.au/corporate/tego-marks-anniversary-with-innovation-award-wins<p>Medical malpractice underwriter Tego Insurance won six accolades at this year&rsquo;s Global Insurance Innovation Awards...</p>Mon, 27 Oct 2025 02:45:06 GMT‘We’re not the bad guys’: Claimo rejects blame for Eric failurehttps://www.insurancenews.com.au/corporate/we-re-not-the-bad-guys-claimo-rejects-blame-for-eric-failurehttps://www.insurancenews.com.au/corporate/we-re-not-the-bad-guys-claimo-rejects-blame-for-eric-failure<p>Refund specialist Claimo says it will not accept responsibility for the failure of motor add-on group Eric, despite an administrators&rsquo; report stating it was a string of complaints and associated fees that brought down the insurer...</p>Sun, 19 Oct 2025 23:40:32 GMTInsurance buyout drives up RAA bottom linehttps://www.insurancenews.com.au/corporate/insurance-buyout-drives-up-raa-bottom-linehttps://www.insurancenews.com.au/corporate/insurance-buyout-drives-up-raa-bottom-line<p>SA motoring group RAA&rsquo;s after-tax profit jumped to $276.1 million last financial year due to an upfront payment from the deal to sell its insurance underwriting operations to Allianz...</p>Sun, 19 Oct 2025 23:40:17 GMTAllianz holds onto biggest brand crownhttps://www.insurancenews.com.au/corporate/allianz-holds-onto-biggest-brand-crownhttps://www.insurancenews.com.au/corporate/allianz-holds-onto-biggest-brand-crown<p>Allianz has been named the world&rsquo;s top insurance brand for the seventh year running...</p>Sun, 19 Oct 2025 23:39:59 GMTCastle flags positive response since launchhttps://www.insurancenews.com.au/corporate/castle-flags-positive-response-since-launchhttps://www.insurancenews.com.au/corporate/castle-flags-positive-response-since-launch<p>Castle Insurance MD Bradley Heath says broker uptake of the group&rsquo;s home, contents and landlord products has been &ldquo;enormously encouraging&rdquo;...</p>Sun, 19 Oct 2025 23:39:58 GMT‘So many new CEOs’: broker talent war breaks outhttps://www.insurancenews.com.au/corporate/so-many-new-ceos-broker-talent-war-breaks-outhttps://www.insurancenews.com.au/corporate/so-many-new-ceos-broker-talent-war-breaks-out<p>A string of new local leaders at the major international brokerages is turbocharging an already competitive recruitment market, experts say...</p>Mon, 13 Oct 2025 03:57:33 GMTSteadfast unveils new specialty agencyhttps://www.insurancenews.com.au/corporate/steadfast-unveils-new-specialty-agencyhttps://www.insurancenews.com.au/corporate/steadfast-unveils-new-specialty-agency<p>Steadfast has today launched Prevail, a multiline high net worth and farming specialist that brings together three long-standing underwriting agencies &ndash; Mansions, Dawes and Argis...</p>Mon, 13 Oct 2025 03:57:24 GMTCourt approves Johns Lyng takeoverhttps://www.insurancenews.com.au/corporate/court-to-rule-on-johns-lyng-takeoverhttps://www.insurancenews.com.au/corporate/court-to-rule-on-johns-lyng-takeover<p>The Supreme Court of NSW today gave its approval for Johns Lyng Group&rsquo;s takeover by Pacific Equity Partners, after the building company&rsquo;s shareholders last week backed the move...</p>Mon, 13 Oct 2025 03:57:04 GMTLiberty overhauls financial institution coverhttps://www.insurancenews.com.au/corporate/liberty-overhauls-financial-institution-coverhttps://www.insurancenews.com.au/corporate/liberty-overhauls-financial-institution-cover<p>Liberty Specialty Markets has responded to legislative changes with new policy wordings for Australian financial services company covers...</p>Mon, 13 Oct 2025 03:27:52 GMTNZ court hits IAG with ‘significant’ penalty for pricing breacheshttps://www.insurancenews.com.au/corporate/nz-court-hits-iag-with-significant-penalty-for-pricing-breacheshttps://www.insurancenews.com.au/corporate/nz-court-hits-iag-with-significant-penalty-for-pricing-breaches<p>IAG New Zealand has been penalised $NZ19.5 million ($17.2 million) for pricing failures that affected about 269,000 customers...</p>Mon, 06 Oct 2025 03:15:27 GMTMB picks up former Steadfast agencies managerhttps://www.insurancenews.com.au/corporate/mb-picks-up-former-steadfast-agencies-managerhttps://www.insurancenews.com.au/corporate/mb-picks-up-former-steadfast-agencies-manager<p>Chris Quick has been appointed head of strategy and business development at underwriting agency MB Insurance, which is expanding in the prestige motor market...</p>Mon, 06 Oct 2025 03:04:56 GMTLloyd’s faces leadership shake-up as Mackinnon leaveshttps://www.insurancenews.com.au/corporate/lloyd-s-faces-leadership-shake-up-as-mackinnon-leaveshttps://www.insurancenews.com.au/corporate/lloyd-s-faces-leadership-shake-up-as-mackinnon-leaves<p>Lloyd&rsquo;s will lose a &ldquo;core member&rdquo; of its commercial leadership team next April when Chris Mackinnon departs...</p>Mon, 06 Oct 2025 03:04:42 GMTMarsh names corporate and commercial region headhttps://www.insurancenews.com.au/corporate/marsh-names-corporate-and-commercial-region-headhttps://www.insurancenews.com.au/corporate/marsh-names-corporate-and-commercial-region-head<p>Marsh has filled its Pacific head of corporate and commercial position after Johannes D Veldsman moved to join rival brokerage Gallagher...</p>Mon, 06 Oct 2025 03:03:50 GMTRACQ says sorry over ‘false’ comparison priceshttps://www.insurancenews.com.au/corporate/racq-says-sorry-over-false-comparison-priceshttps://www.insurancenews.com.au/corporate/racq-says-sorry-over-false-comparison-prices<p>RACQ Insurance has apologised for a renewal notice transparency failure that has led the corporate regulator to launch Federal Court action alleging false or misleading representations...</p>Mon, 29 Sep 2025 04:50:35 GMTNew Suncorp chair to ‘build on strong foundations’https://www.insurancenews.com.au/corporate/new-suncorp-chair-to-build-on-strong-foundationshttps://www.insurancenews.com.au/corporate/new-suncorp-chair-to-build-on-strong-foundations<p>Suncorp director Duncan West has taken over as chair, replacing Christine McLoughlin, who left following Friday&rsquo;s annual general meeting...</p>Mon, 29 Sep 2025 04:42:19 GMTRAC insists IAG deal is best option, as profit riseshttps://www.insurancenews.com.au/corporate/rac-insists-iag-deal-is-best-option-as-profit-riseshttps://www.insurancenews.com.au/corporate/rac-insists-iag-deal-is-best-option-as-profit-rises<p>WA motoring club RAC Group says the sale of its insurance arm to IAG offers the &ldquo;best path forward&rdquo; for the business after the competition watchdog raised concerns over the $1.35 billion deal...</p>Mon, 29 Sep 2025 04:27:31 GMT