Far out Friday: Car thief brings down victim’s insurance costs
If your car is stolen, you pretty much expect it to be taken on a joyride which could easily be mistaken for a scene from Fast & Furious. But, as Insurance Business discovers, ‘responsible’ thieves do exist.
Weekly wrap: Global intermediary develops $55m insurance pool for unique weather crises
PLUS: Acquisition-hungry broker snaps up another player; and an insurer takes a hit on the missing Malaysia Airlines flight.
Major insurer overhauls Australian operations
An Australian insurer has restructured its business into three key divisions in a bid to create a more customer-focused and efficient organisation
Specialist industry player to focus on physical presence for brokers
An underwriting agency is sticking to its knitting by focusing on having feet on the ground for brokers rather than moving to an online business model.
Cluster group replaces gas company on ASX 200 index
A broker network is to become part of a major index, marking yet another major milestone in a short space of time.
Broker poll: Are new financial lines insurers only fair-weather friends?
Suncorp has declared that an explosion in the number financial lines cover providers is unsustainable. But do you think new financial lines insurers are only fair-weather friends? Have your say!
Five Minutes With...David Clarke, Elliott Insurance Brokers
David Clarke, head of special risks at Elliott Insurance Brokers, and an authorised representative, talks about the ‘educated’ and 'uneducated' consumer, subsea drilling platforms, and risking his safe and steady corporate job to become an AR.
Bold new underwriter looks to boost brokered business
An underwriting agency that launched into a relatively untapped market six months ago has indicated a desire to expand its use of brokers as it seeks to build on an existing strong direct client base.
Agency hires three in expansion of underwriting capacity
An Australian-owned agency has made a string of hires in its construction and plant teams, forging ahead with plans to build its underwriting capacity.
Industry issues stark warning to unregistered drivers
An industry body is issuing a stark warning to reckless motorists as police are catching close to a thousand motorists driving unregistered cars each week.