Country: Australia Page 1 / 100
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- September 3 2025
New South Wales strata managers to phase out insurance commissions
Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.
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- September 3 2025
Australian MGA Lion Underwriting taps Chris Edwards to lead professional lines buildout
Veteran joins from Steadfast Group-backed MGA Quanta Insurance.
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- September 2 2025
Gallagher Re to acquire Steadfast Re in APAC expansion push
Acquisition of the Steadfast subsidiary expected to close in Q4 2025.
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- September 2 2025
Gallagher Australia taps Marsh veteran Alex Lumby as chief executive
Lumby, who was head of Mercer Marsh Benefits and chief client officer of Marsh Pacific, will succeed Sarah Lyons, who relocated to UK earlier this year, a Gallagher spokesperson told IAN.
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- September 1 2025
Australian loss adjuster Arc Assessing sells majority stake to Adenes Group
Machinery, heavy vehicles and plant specialist joins Adenes' Vering network.
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- September 1 2025
Agile appoints Gordon McNab to lead construction build out
Appointment marks Australian MGA's expansion into contract works insurance with Lloyd's capacity.
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- September 1 2025
IAG closes US$560m RACQ tie-up as insurer completes ‘significant step’
Acquisition and strategic alliance expected to add around US$850m of GWP to IAG's books.
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- August 29 2025
Steadfast grows revenue by 8.9% to US$1.2bn in FY25
Broker network also announces long-serving chair Frank O’Halloran will step down following its annual general meeting in October.
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- August 28 2025
Envest extends ‘deepest gratitude’ to 4 departing senior leaders
Ardonagh-owned broker confirmed 'long-serving and highly respected leaders' Tony Walker, Barry Fitzpatrick, Rob Ellis and Adrian Kitchin are retiring and leaving the company.
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- August 28 2025
QBE CFO Inder Singh resigns, to depart for banking role in 2026
Singh will remain with QBE while the company undertakes a search for a new chief financial officer.
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- August 27 2025
Steadfast taps Stella Pruscino as head of broker network
Melbourne-based Pruscino has previously held senior roles at Edgewise Insurance Brokers and WTW.
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- August 26 2025
Australia home loan guarantee plan risks soaring house prices, outstripping LMI gains: ICA
Industry lobby calls for scheme to be targetted at buyers who genuinely need it to avoid the effective nationalisation of the lenders mortgage insurance (LMI) market.
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- August 26 2025
AUB Group’s profit rises 31% after ‘pivotal’ 2025
AUB said it made a net profit of AU$180.1 million (US$116.7 million) in 2025.
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- August 21 2025
Favourable rating environment to persist for Australian insurance buyers: Marsh
Property premium decreases in Australia have outpaced every other region globally as clients benefit from intense competition and improving loss ratios.
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- August 21 2025
Allianz Commercial appoints Tom Gilmore as head of farm underwriting in Australia
Sydney-based Gilmore, who has been with Allianz for six years, takes charge as a review and simplification of the insurer’s agri product is underway.
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- August 21 2025
APRA targets promoting cost-effective reinsurance to general insurers
Australian regulator's 2025-26 corporate plan says it will release details on its proposals in the first half of FY26, and in the latter half, it will report the results of its climate vulnerability assessment for the general insurance sector.
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- August 18 2025
Zurich veteran Mervyn Rea joins Howden as Pacific head of risk engineering
Melbourne-based Rea had spent over four decades at Zurich.
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- August 15 2025
Frontier Global taps Tokio Marine HCC for commercial PI capacity in Australia, New Zealand
Financial lines specialist MGA will target mid-market to large corporate clients.
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 14 2025
Australian broker McLardy McShane seeks to ‘build the next generation’, unveils new look executive structure
Meg Long becomes CEO of McLardy McShane Partners, while Nick McLardy takes over as CEO of McShane Insurance Advisers.
