Insurance

Suncorp plans to “simplify & innovate”

Suncorp CEO Steve Johnston says the insurer will need to consider the impact of COVID-19 on household budgets and customer requirements as it also looks to simplify its product...
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IAG appoints Nick Hawkins as new CEO

Nick Hawkins, who was given responsibility for IAG’s day-to-day operations five months ago following a decision by Peter Harmer to retire, has been appointed CEO, effective 2 November. Hawkins...
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Axalta announces new partnership with Flight Youth Engineering

Axalta, a leading global supplier of liquid and powder coatings, is proud to announce an exciting new partnership with Flight Youth Engineering (FYE), an organisation offering a unique science,...
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Australian Automotive Aftermarket and Collision Repair Expo rescheduled

The Australian Automotive Aftermarket Association (AAAA) has made the necessary decision to reschedule the Australian Automotive Aftermarket and Collision Repair Expo, which was to be held 29 April to...
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Suncorp rolls out app-based motor cover in three cities

Suncorp is piloting its new comprehensive car insurance brand Bingle Go in three cities, offering month-to-month, cancel any time policies straight from a smartphone app as well as rewards...
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The Workplace Diversity Project

Funded by WorkSafe’s WorkWell Mental Health Improvement Fund, Tradeswomen Australia is piloting an industry-first program designed to improve the mental health and wellbeing of automotive businesses (heavy and light...
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Suncorp increases net income in a challenging environment

Suncorp has reported full-year net income of $913 million, up from $175 million last year, but acknowledged comparisons are difficult given the divestments of its life business and crash...
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IAG extends COVID-19 customer support measures

IAG is extending its Help Program and COVID-19 customer support measures until the end of the year to continue to help customers experiencing financial hardship. The measures available to...
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Suncorp successful at AFCA with unroadworthy policy exclusion

A complainant whose motor claim was denied by Suncorp because the rear tyres on his car were in poor condition, triggering an exclusion in his policy for vehicles that...
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IAG braces for sharp earnings fall as perils hit margins

IAG has flagged insurance margins for the 2019/20 financial year will fall short of its 12.5-14.5% guidance, as earnings take a huge hit from adverse natural perils, prior period...
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