A specialist insurer has appointed a former IAG actuary and an Allianz underwriter to its senior management team in a move the insurer says is an investment in its areas of expertise.
Fears that major changes at an insurer are creating insecurity and uncertainty among its staff have caused it to put external recruitment on hold.
An insurance company has revised its insurance margin guidance upwards, having benefited from favourable natural peril and credit spread outcomes in the second half of the financial year.
In the aftermath of a company sale, staff retention becomes a lot harder but it can be done, as a broker-facing business management expert explains.
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.
Several insurer staff are rumoured to be leaving a business as a result of a major acquisition but the acquiring company says it is a small figure.
Exclusive: The NZ insurance industry is reeling from news the CEO and another high profile figure from the same leading insurer - which recently changed hands in a major deal - have left the company.
A global brokerage has rebranded its recently-acquired premium funding operation and has appointed a new CEO who is championing the independence of the premium funding arm.
Plus: An industry body gets a new sponsor, Wesfarmers completes the sale of its underwriting operations, and a law firm reveals key appointments.
About to merge offices? Answering this question is crucial for a successful deal, says Deloitte M&A strategist.