AA Insurance fined US$3.8m for overcharging & misleading customers: report
October 8 2024 by Joana Nguyen
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Howden acquires Kiwi broker Omni in continuing Pacific expansion
- October 14
Founded in 2006 by Clinton Alcock and Matthew Thorburn, Omni offers commercial and domestic insurance to 1,800 clients across Auckland and Central North Island.
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Kiwi Natural Hazards Commission invites bids from reinsurance brokers for 2027 renewal
- October 9
The NHC intends to release a request for proposal in April to May next year and will select a new broker by late August 2026.
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Gallagher Insurance NZ acquires Auckland-based brokerage 2Insure
- October 7
Gallagher Insurance New Zealand continues its expansion with the acquisition of the licensed insurance brokerage and financial advice provider, which was founded by David Lim in 2014.
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IAG New Zealand fined record US$11.4m for misleading customers
- October 6
New Zealand's largest insurer admitted overcharging 269,000 customers US$20.4m, according to the Financial Markets Authority.
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Sedgwick | Preparing for the next storm
How the industry is leveraging these times to strengthen readiness and innovation
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
