The Broker
Envest, Steadfast to go separate ways
25 July 2024
Envest will leave the Steadfast network as its parent Ardonagh Group’s acquisition of PSC transforms the broking landscape and competitive dynamic...
‘Resourcing was stretched’: CBN deal enables Insurance House broker focus
25 July 2024
A partnership agreement for Community Broker Network to provide managed services to Insurance House authorised representatives will enable the latter business to focus on its broker network...
System failure cover harder to get after CrowdStrike: WTW
25 July 2024
The major disruption caused by the CrowdStrike outage could result in underwriters being more reluctant to offer system failure coverage, WTW says...
Rates trend positive for clients: Marsh
25 July 2024
Marsh says Australian commercial premium rates fell 5% in April-June, the second consecutive quarterly decline, and global commercial rates were flat – ending a 26-quarter streak of increases...
Data blindness 'leaves brokers in dark'
25 July 2024
A lack of access to clear client data is holding brokers back and making sales and customer policy management less efficient, insurtech JAVLN says...
New brokerage channels the wolf pack
25 July 2024
Wendy Finianos has launched Sydney-based brokerage ATKA Insurance Brokers...
WTW makes risk and broking leadership changes
25 July 2024
Global broker WTW has made key appointments to its risk and broking leadership team...
Former Honan chief Fluitsma leaves Marsh
18 July 2024
Marsh Pacific head of corporate and commercial Andrew Fluitsma has left the international brokerage...
New capacity driving most premiums down: Bellrock
18 July 2024
Significant underwriting capacity continues to flow into the Australian market, fuelling competition between insurers which is driving pricing downwards, Bellrock Advisory says in a market update...
Agencies growth adds downward pressure on NZ commercial prices
18 July 2024
New Zealand commercial rates are showing “clear signs” of softening as new capacity enters the market, broker Gallagher says in a July update...
QBE unveils global cyber product
18 July 2024
QBE has launched a global cyber insurance policy, QCyberProtect, offering comprehensive coverage for existing and new digital risks...
Arteva Funding commercial director retires
18 July 2024
Bob Dodd will retire from Arteva Funding after next week, ending a premium funding industry career spanning more than 20 years...
GCube launches new battery project capacity
18 July 2024
Renewable energy project underwriter GCube Insurance has launched a new consortium of six Lloyd’s syndicates to provide insurance capacity to battery energy storage system owners...
AUB takes stake in New Zealand broker
18 July 2024
AUB Group has entered into an equity partnership with New Zealand’s Northco Insurance Brokers...
Lockton names new hires as it opens Adelaide office
18 July 2024
Lockton has announced two new appointments as it marks the launch of its Adelaide office...
Arch recruits underwriting manager from AIG
18 July 2024
Arch Insurance Australia has appointed Alex Mackinnon as its new northern region executive assurance underwriting manager...
NIBA calls for pricing transparency on climate risk
11 July 2024
The National Insurance Brokers Association has urged insurers to provide “clear and detailed explanations” of pricing structures to address concerns about the way climate risk is factored into premiums...
‘Moral challenge’ jacks up rates for coal mining sector
11 July 2024
The insurance struggles facing coal and other fossil fuel-related businesses remain severe more than three years after a parliamentary inquiry examined the matter, CRE Insurance Broking director Adam Battista says...
Victoria to review builders’ warranty panel next year
11 July 2024
The Victorian Managed Insurance Authority says it will review its broker panel for builders’ warranty cover next year, after ejecting Insurance House from the current list of approved distributors...
Brokers vie for ANZIIF awards
11 July 2024
Aon and Marsh will go head to head for the large broker of the year crown at this year’s Australian and New Zealand Institute of Insurance and Finance awards...