Insurer makes new hire and declares CTP monopoly ‘broken’
An Austbrokers account manager has joined an insurer to lead its burgeoning portfolio in a new market.
Weekly wrap: Underwriter expands overseas footprint
PLUS: An insurer chooses a new motor claims software provider, another player backs a young professionals organisation and more NIBA award winners are revealed.
Far Out Friday: Insurance broker sells world's shortest website address for $18m
Dot-com is old news, it’s all about the ‘x’, as one business savvy insurance entrepreneur is demonstrating.
Insurer rules out wider broker distribution in new market
An insurance company has ruled out expanding its recent foray into a potentially "volatile" new market, beyond the deal it has already struck with a major company at the behest of an insurance broker.
Five Minutes With… Sunil Vohra, Austbrokers
Austbrokers' chief operating officer Sunil Vohra talks about smart people disrupting the industry, setting up his own business and being a "cricket tragic".
Reinsurance broker joins the ICA
A reinsurance intermediary has joined the ICA as a member company, bringing the organisation’s number of member groups to 54.
Top-end brokers urged to consider discretionary mutuals
Large insurance broking houses could leave their clients better off if they consider the advantages of discretionary mutual arrangements, though they could reduce overall channel insurance sales.
Price competition threatened by insurer reluctance to work with aggregators
The Financial System Inquiry has identified the insurance industry’s two biggest gripes, suggesting potential solutions for one of them and seeking more information on both.
Business analyst talent joins insurance tech firm
An insurance professional who has played a key part in underwriting start-ups overseas has joined the insurance team of a software company.
Six tips to spot a fraudulent client
In the aftermath of a struggling café owner being jailed for dishonesty, fraud investigation experts have identified six signs brokers can use to identify whether their client is being insincere.