The Broker
Personal advice expansion rejected, but insurers permitted to give advice: Jones
07 December 2023
The Federal Government has rejected key Quality of Advice Review proposals to expand the definition of personal advice and create a good advice duty obligation, but is proceeding with other reforms that will have implications for general insurance...
‘In transition’: CGU explains changing SME appetite
07 December 2023
Trading platforms are altering the way insurers approach SME business, CEO CGU and WFI Jarrod Hill says...
Broker fails to win inundation claim for client
07 December 2023
A broker who represented their client, a self-managed superannuation fund, in a dispute over a claim for storm water damage has failed to persuade the complaints ombudsman that the loss was not caused by flood...
Nigel Wallace named Howden Broking NZ CEO
07 December 2023
New Zealand business Wallace McLean has been fully integrated with Howden’s existing broking operations in the country and Nigel Wallace appointed as CEO of the combined team...
Advisr crowns 2023 broker award winners
07 December 2023
Advisr, an independent website designed to connect brokers and clients, has announced this year’s winners in its insurance broker awards...
Ardonagh Group makes senior management changes
07 December 2023
Ardonagh Group, the UK-based parent of investment and distribution firm Envest, has made changes to its senior management team for next year...
London aviation market faces cost, geopolitical risks turbulence
07 December 2023
Widespread inflationary pressures, along with other stress factors such as geopolitical risks, are causing ongoing challenges for most general aviation operators and insurers, global broker Marsh says in an update on the London market...
GB announces general insurance leader
07 December 2023
Gallagher Bassett Australia has named Scott Newland as its new GM General Insurance Operations...
Austbrokers Countrywide, Howden partner with Insurtech Australia
07 December 2023
Insurtech Australia says Austbrokers Countrywide and Howden Tiger have signed on as ecosystem partners...
Scott Cole to lead Centrewest
07 December 2023
Centrewest Insurance Brokers has appointed Scott Cole as CEO and MD, responsible for management and driving the strategic direction of the business....
Commercial lines price rises slowing
30 November 2023
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’
30 November 2023
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
30 November 2023
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
30 November 2023
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
30 November 2023
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
30 November 2023
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
30 November 2023
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
23 November 2023
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’
23 November 2023
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
23 November 2023
QBE has launched RiskAdvance, a digital risk management platform for commercial property and liability that has been designed for brokers and customers...