The Broker
Fusion Specialty promotes Katherine Simmonds
22 June 2023
Underwriting agency Fusion Specialty has promoted Sydney-based Katherine Simmonds to the role of International CEO, and Michael Federer to North America CEO...
‘Pricing transparency’ added to HBCF premium calculator
22 June 2023
NSW state insurer icare has added “pricing transparency” to its Home Building Compensation Fund premium calculator...
Rate rises drive IAG confidence on intermediated profit target
15 June 2023
IAG’s intermediated division is confident it will achieve a $250 million profit target next financial year as rate gains are put through and steps taken to improve the performance of the business, an investor briefing heard yesterday...
After commissions ‘win’, brokers brace for advice reforms
15 June 2023
Brokers are bracing for potentially huge changes to their advisory models as the Federal Government prepares to consult on a key Quality of Advice Review proposal: expanding the definition of personal advice...
TA Associates exploring Honan stake sale: report
15 June 2023
US private equity firm TA Associates is exploring a sale of its stake in broker Honan Insurance Group, according to a media report...
Brokers in high demand amid ‘shrinking skills pipeline’
15 June 2023
Commercial brokers are the second most sought after workers for insurance employers in Australia as organisations struggle to secure skilled staff, recruiter Hays says...
CQIB names award winners
15 June 2023
The Council of Queensland Insurance Brokers has named the recipients of its annual awards recognising the state’s outstanding general insurance companies and advisers...
Howden names new sport and entertainment head
15 June 2023
Howden Australia has appointed Ben Hand as its new Head of Sport & Entertainment...
Aon says new pricing platform to aid risk selection
15 June 2023
Aon’s Strategy and Technology Group has launched a pricing platform to assist insurers and drive performance through better risk selection and the use of analytics...
Gallagher appoints Brisbane-based manager
15 June 2023
Gallagher has appointed Richard Malton as a Client Manager for its Brisbane operations...
Ignite launches OpenAI-powered chatbot for UK brokers
15 June 2023
Software provider Ignite has launched a tool for brokers that uses technology from OpenAI, the creators of ChatGPT, to answer customer queries within seconds...
Hutch launches new construction policy
15 June 2023
Sydney-based Hutch Underwriting is launching an annual construction insurance product targeted at builders with turnover of up to $50 million...
Workers’ compensation premium hikes put focus on advice
08 June 2023
Workers’ compensation premium increases and other scheme changes announced in NSW and Victoria for next financial year have highlighted the value of having advice to understand and minimise the impacts as much as possible, brokers say...
Gow-Gates appoints Judith Crompton to lead travel expansion
08 June 2023
Gow-Gates Insurance Broking Group has appointed former Cover-More executive Judith Crompton to lead an expansion into retail and corporate travel insurance...
Quality submissions ‘vital’ at renewal time
08 June 2023
The quality of broker submissions to underwriters can make a huge difference to the response as insurers are swamped with requests, brokers say...
New wholesale underwriter MLX offers complex risk solutions
08 June 2023
Market Lane Insurance Group has launched a new wholesale underwriting placement specialist, MLX Risk Partners, to provide capacity for complex, large and specialty commercial insurance risks...
Global broking income tops $226 billion
08 June 2023
Insurance broking globally generated fees and commissions of $US151.4 billion last year, according to consultancy Insuramore...
GSA extends board with key appointments
08 June 2023
GSA Insurance Brokers has announced the appointment of Margo Ward and Trent Robinson to its board...
Blue Zebra eyes $1 billion target
08 June 2023
Blue Zebra is aiming to achieve $1 billion in annual turnover and the insurtech underwriting agency is counting on technology and innovation to reach the goal...
Lockton offers travel firms parametric pandemic cover
08 June 2023
Lockton has introduced parametric insurance for travel firms that is triggered when the World Health Organisation declares a pandemic...