PLUS: Data breach at US health insurer affects 10 million records and CEO of major US insurer will step down in 2016.
A leading Australian broker network and major insurer have announced investment in a new, Sydney-based underwriting agency.
Panic in the broking community over what has been called a “crisis of market share” could be putting the professional credibility of the industry at risk according to one industry expert.
A broker network has added another player to its growing fold, with hopes the acquisition could attract further small intermediary businesses.
An insurer has become the first to openly state it is actively recruiting Wesfarmers Insurance staff, after news that several were already leaving the IAG-acquired underwriting operation.
Two more players have joined the list of insurance companies offering products on a burgeoning Aussie aggregator, whose British counterpart is already the largest of its kind in the UK.
An insurance professional who has played a key part in underwriting start-ups overseas has joined the insurance team of a software company.
A broker network has purchased major stakes in an underwriting agency, and stressed the importance of its agencies working with all brokers.
Steadfast has snapped up a majority stake in a strategic partner.
The chairman of a family-owned business is standing down to focus on the Antipodean operation he started 15 years ago.