Country: Australasia Page 3 / 114
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- June 19 2025
Global MGA United Risk completes acquisition of Australia’s Pinnacle Underwriting
Regional CEO Hayden Smith says the deal for the specialty facultative reinsurance MGA 'puts United Risk squarely within the top five largest MGAs in the world'.
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- June 18 2025
ACCC launches public review of IAG-RACQ deal, focuses on personal lines
The competition watchdog is conducting market inquiries as part of its standard merger assessment process.
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- June 18 2025
WTW promotes Catherine Tait to New Zealand construction manager
Tait joined WTW in August as technical director for finex in New Zealand, having previously worked for the likes of Marsh, Willis and Aon.
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- June 18 2025
New Zealand ‘cannot afford’ to continue down current path as climate risks grow: IAG
IAG's 2025 climate change poll showed New Zealanders expect insurers to reflect the growing risk in the premiums of people who are exposed to natural hazards.
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- June 17 2025
Ex-Tropical Cyclone Alfred claims top 68,000, ARPC says, losses estimated at US$941m
Majority of claims received are for food spoilage and property damage due to severe winds, fallen trees, or water ingress in homes.
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- June 17 2025
Australia MGA Agile names Liz Geden as New Zealand head
Auckland-based Geden had joined from Delta Insurance in March.
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- June 17 2025
‘Quite orderly’ 1.7 ANZ renewals seeing double-digit rate cuts amid plentiful capacity
Reinsurers, though, have little appetite to reduce first loss retention levels, sources told InsuranceAsia News.
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- June 16 2025
AEI Insurance Broking to acquire AB Phillips, creating US$227m combined GWP within AUB Group
Merger followes recent acquisitions of Austbrokers Canberra and BusInsure and the buildout of the AEI Melbourne operation.
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- June 13 2025
HDI Global reshuffles APAC engineering team
Haris Michaels will relocate from Sydney to Singapore, with Stevan Bonic taking over as engineering underwriting manager for Australasia.
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- June 13 2025
Lockton bolsters Australia finpro team with senior hires
Craig Claughton joins the broker as national manage for financial institutions, while Dennis Moens will assume the role of client manager, both effective from early July.
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- June 12 2025
QBE to underwrite MGA Blue Zebra’s Australian motor business
New capacity provider replaces Youi, which has decided to move away from broking channel.
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- June 12 2025
Brett Kenyon joins construction team at Gallagher-owned specialist MGA Pen Underwriting
Kenyon joins the Australian underwriting agency as a senior underwriter from Sura Engineering.
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- June 12 2025
John Philipsz named MD and ANZ head at Howden Re, succeeds Stuart Beatty
Beatty is stepping back having held the role of head of APAC for over five years, but he will remain at Howden Re, focusing on its MGA.
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- June 12 2025
Competition regulator greenlights Allianz Australia’s RAAI acquisition
ACCC found that other suppliers will continue to compete with, and constrain, a merged Allianz and RAAI after the acquisition.
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- June 11 2025
Kiwi insurer Tower confirms Paul Johnston as CEO
Johnston, who has been interim CEO since February, will start in the new role from Wednesday.
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- June 11 2025
Australia’s NTI names Janelle Greene as CEO
Greene, currently NTI’s chief customer officer, will succeed veteran Tony Clark, who has served as CEO for 18 years.
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- June 10 2025
Howden Australia lands AIG veteran Grant Sheppard as head of marine and logistics
Sydney-based Sheppard spent 23 years at the insurer, most recently as head of marine for Australasia.
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- June 10 2025
BHSI Australia expands into life science, biotech, pharmaceutical management liability
The new policy, designed for the research and development ecosystem, covers directors and officers, scientific and medical advisory boards and private capital raisings and is not excluded in the event of insolvency.
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- June 9 2025
McLarens confirms Integra’s Torben Bell as Australia MD
Bell assumes the leadership responsibilities previously held by Martyn Wicht, who was promoted to managing director for APAC in 2024.
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- June 9 2025
Kiwi insurer Tower strengthens tie-up with key external loss adjusting partner Sedgwick
Chief claims officer Steve Wilson says the partnership will provide Tower with additional support from Sedgwick’s loss adjusters across New Zealand and the Pacific.
