insuranceNEWS.com.au - The Broker

Commercial lines price rises slowing

Thu, 30 Nov 2023 02:01:56 GMT

Rates across most commercial lines are still rising but the pace of increase is weakening, actuarial firm Finity told its insurance clients at a webinar this month...

Insure Your Future: ‘people want to help’

Thu, 30 Nov 2023 02:01:03 GMT

The National Insurance Brokers Association Insure Your Future recruitment initiative has struck a chord with members, according to organisers...

NIBA outlines broker concerns after record flood claims

Thu, 30 Nov 2023 01:59:57 GMT

The National Insurance Brokers Association says members have expressed a number of concerns over handling of record 2022 flood claims by insurers, as it calls for a “standardised approach” to be introduced industry wide...

Advisr names award finalists

Thu, 30 Nov 2023 01:59:11 GMT

Advisr, an independent website designed to connect brokers and clients, has announced this year’s finalists in its insurance broker awards as it prepares to crown the winners on Tuesday...

CFC chiefs step down after misconduct probe at company

Thu, 30 Nov 2023 01:55:40 GMT

David Walsh and Graeme Newman, cyber specialist CFC’s Group and Underwriting CEOs, are leaving the business after a Lloyd’s investigation into allegations of non-financial misconduct at the company...

Alliance Director Renato De Maria permanently banned

Thu, 30 Nov 2023 01:50:45 GMT

Alliance Management Group Director Renato De Maria, who is due to appear at the Melbourne Magistrates’ Court next year for a committal hearing, has been permanently banned from providing any financial service...

Cyber, property headed in opposite directions as conditions diverge: report

Thu, 30 Nov 2023 01:49:52 GMT

Financial lines, including cyber, are a “bright spot” while other major product lines such as property will continue to face challenging conditions, broker WTW says in a North America market update...

‘Huge step’: NSW brokers assess ESL announcement

Thu, 23 Nov 2023 01:44:26 GMT

NSW brokers say the pending abolition of the Emergency Services Levy on insurance will be a game-changer for affordability and underinsurance in the state...

Business NSW warns on unnecessary ‘maximal coverage’

Thu, 23 Nov 2023 01:43:38 GMT

Small to medium-sized businesses are often paying for unnecessary levels of liability and indemnity cover due to issues including government contract requirements and advice from brokers, a Business NSW report says...

QBE launches commercial risk management platform

Thu, 23 Nov 2023 01:42:21 GMT

QBE has launched RiskAdvance, a digital risk management platform for commercial property and liability that has been designed for brokers and customers...

Aon wins trade credit dispute over unpaid car parts claim

Thu, 23 Nov 2023 01:36:55 GMT

Aon has won a dispute with an automobile parts business after a claim for more than $200,000 owed by a customer was declined...

Canopy Insurance launches with Lifestyle Assurance offering

Thu, 23 Nov 2023 01:36:30 GMT

Underwriting agency Canopy Insurance has unveiled its Lifestyle Assurance Package following the launch of its business this month...

BJS adopts JAVLN’s client and policy management platform

Thu, 23 Nov 2023 01:36:05 GMT

BJS Insurance Group has adopted JAVLN’s client and policy management technology to boost broker productivity and data-driven decision-making...

Marsh, Insurance Advisernet take out ANZIIF NZ awards

Thu, 23 Nov 2023 01:35:37 GMT

Marsh New Zealand has been crowned Large Broking Company of the Year for the second time in a row while Insurance Advisernet New Zealand is Broker Network of the Year...

McLardy McShane opens Mildura branch

Thu, 23 Nov 2023 01:34:53 GMT

McLardy McShane Insurance Brokers has opened a new office in the north-western Victorian city of Mildura...

NIBA welcomes NSW Government ESL reform

Thu, 16 Nov 2023 01:54:27 GMT

The National Insurance Brokers Association has welcomed the NSW Government’s announcement today on plans to ditch the current insurance-funded emergency services levy...

Steadfast sees strong growth from Sure acquisition

Thu, 16 Nov 2023 01:52:01 GMT

Steadfast plans to roll out the Sure Insurance offering to other parts of Australia, as the business that it today announced it is acquiring continues to grow strongly in its core market in regional Queensland...

Gallagher acquires regional Victorian broker

Thu, 16 Nov 2023 01:50:42 GMT

Gallagher Australia has announced the purchase of Edgar Insurance Brokers, a Victorian-based brokerage, as it continues to expand across the state...

‘Mistakes have been made’, but code delivers unprecedented improvement: NIBA

Thu, 16 Nov 2023 01:49:56 GMT

National Insurance Brokers Association CEO Phil Kewin accepts that designing and implementing the 2022 brokers code of practice “hasn’t been plain sailing”, and that “mistakes have been made” along the way...

Brokers welcome proposed ‘informed consent’ commission requirement

Thu, 16 Nov 2023 01:48:32 GMT

Proposed advice reforms requiring general insurance risk advisers to obtain “informed consent” from retail clients giving them the go-ahead to receive a commission for services provided have been welcomed by brokers...