News

IAG Takes a Slice of Internet of Things Specialist, Myriota

IAG, Australia’s largest general insurer, has invested in Myriota, a global pioneer in low-cost and low-power satellite connectivity for the Internet of Things (IoT), to explore how IoT devices can help insurance customers manage risk […]

Global insurance trends

Dai-ichi Life Deal With Westpac Is Good News, Says GlobalData

The latest market analysis from GlobalData; TAL Dai-ichi Life Australia, a wholly owned subsidiary of Japan-based Dai-ichi Life Holdings, has recently signed a binding share sale agreement to acquire Westpac Banking Corp’s life insurance business […]

News

Arthur Gallagher Makes a Move on Mutual Brokers Pty

Arthur J. Gallagher & Co. (NYSE: AJG) has today announced the acquisition of Canberra, Australian Capital Territory (ACT)-based Mutual Brokers Pty Ltd. Terms of the transaction were not disclosed. Founded in 1985, Mutual Brokers is an independent […]

Global insurance trends

DWF Rolls Out Risk Software in Australia

DWF, the global provider of integrated legal and business services, has rolled out software from its risk and insurance software division, DWF 360, into Australia for the first time. DWF 360 has supported J.J. Richards […]

InsureTech

Deals: CFC Buys Insane Technologies

CFC, a specialist insurance provider and pioneer in emerging risk, today announced that it has extended its in-house cyber incident response team with the acquisition of Insane Technologies, an Australian cyber security and incident response […]

Global insurance trends

GlobalData Snapshot From Down Under

The general insurance industry in Australia is projected to grow from AUD76.3bn (US$51.8bn) in 2020 to AUD98.0bn (US$66.9bn) in 2025, in terms of gross written premiums (GWP), according to GlobalData, a leading data and analytics […]