The Broker
Affordability woes drive switch to fee model in cyclone zones
24 July 2025
Some brokers have ditched commissions to help clients struggling to afford cover, according to an annual review of the cyclone reinsurance pool...
IBANZ names new CEO
24 July 2025
The Insurance Brokers Association of New Zealand has appointed Katherine Wilson as CEO...
Underinsurance clause doesn’t apply to extras payout
24 July 2025
QBE must increase its payout to the owners of a general store after the dispute authority ruled the business’ underinsurance did not affect the limit of indemnity...
Agencies combine to offer ‘breadth of solutions’
24 July 2025
ProRisk has acquired specialist property and liability agency Xenon Underwriting, creating a combined business with gross written premium of more than $100 million...
Marsh leaders hail international progress
24 July 2025
Marsh is well placed in international markets despite some pricing and “macro headwinds”, boss John Doyle has told a second-quarter briefing...
Final chance to join Aspire leadership scheme
24 July 2025
Applications for Steadfast’s Aspire Women Leaders Program close next Thursday...
ASIC cracks down on cyber oversight
24 July 2025
The corporate regulator has warned industry that inadequate cybersecurity is among its enforcement priorities...
‘Difficult decision’ as PSC Connect NZ winds up
17 July 2025
The Envest Group is closing PSC Connect New Zealand after 13 years and focusing instead on building its PSC Insurance Broking network by acquiring portfolios and brokerages...
Ombudsman backs broker in theft claim dispute
17 July 2025
A business that accused its broker of arranging inadequate cover has lost its case before the Australian Financial Complaints Authority...
‘Passion project’ trade pack secures Ivory backing
17 July 2025
Ivory Insurance will underwrite cover created by digital agency Viz targeting tradies and small business owners...
Communication a problem area as complaints climb
17 July 2025
Complaints against insurance brokers have risen because of poor communication, according to New Zealand’s financial dispute ombudsman...
IAG intermediated shake-up nears next step
17 July 2025
IAG’s intermediated restructure will be considered by the Federal Court at the start of September following the granting earlier this year of a separate licence...
Claims champions go for gold at Mansfield Awards
17 July 2025
The Mansfield Awards for Claims Excellence will be held at the end of the month...
Envest fills placement role
17 July 2025
Holly Scott has been promoted to a new head of placement position at Envest...
British intermediaries warn on regulation burden
17 July 2025
UK brokers say it is increasingly hard for people and businesses to access the advice and products they need because of overly stringent regulation...
Gallagher names interim Australia head
10 July 2025
Steve Lockwood is leading Gallagher’s Australian business on an interim basis after the departure of Sarah Lyons at the start of the month...
NIBA seeks claims, community excellence nominations
10 July 2025
The National Insurance Brokers Association is accepting applications for two national awards – claims broker and community excellence member of the year...
Market cycle at 3 o’clock, analysts say
10 July 2025
Softening conditions are continuing across most product lines amid a surplus of global capital, Bellrock Advisory says in a market overview...
Association defends commissions at strata inquiry
10 July 2025
The broker peak body has told an inquiry that commissions play a key role remunerating strata managers for insurance-related work...
Marsh holds lead as global fees top $275 billion
10 July 2025
General insurance brokerages earned $US180 billion ($275 billion) in fees and commissions worldwide last year, up from $US166.5 billion ($255 billion) in 2023, consultant Insuramore says...