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Showing posts from December 6, 2020

Which two industry segments took off by integrating insurtech in 2020?

The insurtech ecosystem “is starting to mature”, says this CEO from Insurance Business

How can we speed up the claims cycle during natural disasters?

It’s time to remove the “triangle of confusion,” MD says from Insurance Business

QBE appoints new group chief risk officer

The experienced leader will form part of the group executive committee from Insurance Business

PERILS reveals initial insured loss estimate for Halloween Hailstorms

Report covers the property and motor hull lines of business from Insurance Business

ASIC releases guide on product design and distribution obligations

The “game-changer” rules require firms to meet consumer needs and distribute products in a more targeted manner from Insurance Business

Bushfire insurance premiums skyrocket in Victoria's alpine region

"Some properties are almost uninsurable," says broker from Insurance Business

Zurich and Farmers Exchanges to purchase MetLife's US P&C business for AU$5.18 billion

Purchase expected to support delivery of 2022 growth targets from Insurance Business

Liberty Mutual joins up with UN-supported sustainability initiative

"We are proud to take this bold step forward" from Insurance Business

Legal & General completes AU$678 million buy-in transaction

Deal builds on a pre-existing relationship with the pension scheme from Insurance Business

Broker discusses thinking globally, acting locally

“We need to raise the bar and improve our image” from Insurance Business

Youi launches CTP product in NSW

It is the first company in over 20 years to be granted a license to offer the product in NSW from Insurance Business

Allianz Partners launches portal to speed up COVID-19 refund process

Policyholders can get their money back in as little as three business days from Insurance Business

UAC appoints four new board directors

They will serve two-year terms from Insurance Business

ICA welcomes passage of Financial Sector Reform Bill

Bill aims to provide greater protection for superannuation members from Insurance Business

Insurance giants join huge diversity initiative

Firms pledge their support to the 10,000 Black Interns programme from Insurance Business

Aviva welcomes "valuable addition" to board

Appointment is the third in a week from Insurance Business

Aviva finalises another huge bulk annuity transaction

Deal secures benefit pension liabilities for over 1,200 scheme members from Insurance Business

TAL looks to educate Australians on importance of skin safety

Two in three Australians will be diagnosed with skin cancer by the age of 70 from Insurance Business

Widow's claim against Uber tests gig economy workers' comp issue

Food delivery riders are considered independent contractors under current labour laws from Insurance Business

Event organisers call on government to establish interruption fund

It would act as an insurance scheme from Insurance Business

Zurich names new group insurance head for life and investments

Partner-facing role complements the group's recent leadership appointments from Insurance Business

Australians remain unprepared for bushfire season

Last year's bushfires cost insurers $13.5 billion in claims from Insurance Business

Everest hires head of Everest Specialty Underwriters

Leader has built out global transactional risk and PE practice groups from Insurance Business

Arch Insurance International announces rebrand of Barbican

This is an instrumental step in a continuing integration plan from Insurance Business

Acrisure launches major rebrand

This is the last step in a multi-year journey for the business from Insurance Business

CBA in $886 million insurance sale

Commonwealth Bank gets go-ahead for international divestment from Insurance Business

What does this award-winning broker view as the main challenges of 2021?

Despite the challenges, he asserts that “brokers are a pretty resilient bunch” from Insurance Business

How Australia-China tensions could increase the need for trade credit insurance

There’s “an increased interest on trade credit matters” from Insurance Business

Ombudsman calls for government intervention on “failing” insurance market

Many insurers have stopped selling natural catastrophe cover to small businesses from Insurance Business

IAG calls for community-level planning to manage flood risk

Flooding is Australia's costliest natural hazard-related cause of disaster from Insurance Business

AGI expands digital-enabled platforms amid COVID-19 pandemic

Firm has experienced greater demand for its services from Insurance Business

Marsh appoints new senior claims advocate

New hire to develop claims settlement strategies for property and casualty from Insurance Business

AXA regional CEO hits out at government pressure on insurers

Leader says: “It is scandalous to face such blackmail” from Insurance Business

Munich Re outlines bold new strategy ‘Ambition 2025’

Group sets big growth and result targets, D&I goals and decarbonisation plan from Insurance Business

Brit welcomes new group CFO

New hire joins after a decade at RSA from Insurance Business

Insurer welcomes global leadership appointments

Changes are part of the company's ambition to "regain market leadership" from Insurance Business

Insurance industry to elevate business interruption case to High Court

A further test case also in the works from Insurance Business

Low interest rates driving insurers towards alternative investments

Complex asset classes require strong data analytics strategies from Insurance Business

Gallagher Bassett appoints new operations manager

CEO says he has a ‘proven track record for delivering outstanding outcomes’ from Insurance Business

ANZIIF reveals winner of Bright Light Award

Winning team aims to improve customer claims support and connectivity from Insurance Business

Wotton + Kearney names first non-executive chair

It follows extensive market research and the firm's move to an incorporated model from Insurance Business

Enstar acquires Liberty Mutual legacy liability portfolios

Group is expert in completing legacy acquisitions from Insurance Business

Major sports association throws lawsuit curveball at insurers

Insurance giant AIG among those listed on the complaint from Insurance Business

R&Q to issue AU$145 million in subordinated notes

Proceeds will be used to propel growth across two businesses from Insurance Business

QBE, ANZ, OnePath class action targets 440,000 Australians

Federal Court issues notices on another Slater and Gordon class action against big bank, insurers from Insurance Business