November 5, 2015 marked the launch of a new player in the market in the form of Calibre Insurance, a subsidiary of Munich Re. Its products are underwritten by Great Lakes Australia. Calibre will focus on the intermediated market in Australia, providing business package, industrial special risks, general liability and specialty liability products to a wide range of SME businesses. The company has arisen out of Munich Re’s acquisition last year of Calliden Insurance Ltd. Mike Hooton was part of the establishment team that created Calliden Group Ltd. He spent over a decade in a variety of positions with the Group until its sale in December 2014. Look out for Hooton and Calibre in 2016 to see just how much of an impact they make in the market.