Leanne Nel will become QBE Pacific CEO and MD, taking over from Jonathan Groves after he was promoted to a wider regional role. Ms Nel, currently Pacific GM for underwriting and partners, has more ...
Representatives from the Insurance Council of Australia, QBE and Marsh said coverage among smaller businesses is low: QBE estimates about 20% of Australian SMEs have cyber insurance, compared with 70% ...
The update notes “rising claims inflation in long-tail classes is increasingly at odds with declining pricing, which has continued to fall faster than underlying loss costs”. As loss ratios face ...
Allianz Australia says Alison Smith will join in January as GM for distribution. She is currently Aon Australia head of national, based in Melbourne, according to her LinkedIn page.
Softer pricing could hit Asia-Pacific reinsurers’ profitability in the next two years, according to an S&P Global Ratings report. “Ample traditional and alternative capacity will sustain pricing ...
The on-demand discussion – From Product Idea to Market: Why Insurers Shouldn’t Pay to Implement Their Software – is moderated by Insurance News editor-in-chief John Deex and features INSTANDA’s CTO ...
Commercial insurance underwriting platform Hyperexponential has been bought by Guidewire for $US1.7 billion ($2.44 billion). The deal includes a further $US400 million ($574 million) based on revenue ...
Coalition has brought its Active Cyber Insurance for Enterprises product to Australia, offering businesses limits of up to $35 million under a relationship with Allianz. The product was launched in ...