The Broker

PSC shares suspended as Ardonagh deal takes effect

03 October 2024

PSC Insurance Group shares have been suspended pending removal from the Australian Securities Exchange, with Ardonagh’s $2.3 billion takeover of the broker now legally effective...

Motor specialist sets up claims team

26 September 2024

Specialist underwriting agency 360 Commercial Motor has created an in-house claims team to “enhance” services for broking partners...

Capacity evaporates as tobacco wars escalate

19 September 2024

Residential buildings that also house tobacco shops are struggling to find local insurers willing to offer strata cover, and occupiers say premiums from offshore providers cost triple their previous arrangements...

AFCA orders compensation over privacy error

19 September 2024

A broker that disclosed a claimant’s bank account details to a strata owners’ corporation has been ordered to pay $500 in non-financial loss compensation...