NM Insurance has announced a new agency agreement for NM Insurance Pty Limited (NM), with Zurich Australian Insurance Limited (ZAIL) across Australia and New Zealand, replacing AIG as the capacity provider. Both NM and AIG Australia Limited (AIG) have mutually agreed that the binder relationship will cease from 16 July 2020. From 17 July 2020, NM as agent of ZAIL will offer… Read More »NM Insurance New Agency Agreement

Zurich Australia CEO Resigns Zurich Australia has confirmed the resignation of CEO Rajbir Nanra, Mr Nanra has 25 years of experience in the Asia-Pacific region insurance and finance sector. He was appointed Zurich’s Chief Executive Officer of General Insurance in January 2016. Chris Waterman, Zurich’s head of commercial insurance for Asia Pacific will assume the… Read More »Zurich Australia CEO Resigns

Zurich named amongst most reputable brands in Australia The Australian public has ranked Zurich as the 24th most reputable brand nationwide, ahead of many established household names including Woolworths, Australia Post and Harvey Norman. The Zurich brand – In Australia since 1961 The Zurich brand, in Australia since 1961, has for the last 55 years,… Read More »Zurich named amongst most reputable brands in Australia

Zurich has agreed to buy Australia’s largest travel insurer Covermore for an estimated $741 million. Who is Cover-More? Started in 1986 in Sydney Covermore has around 40% of the travel insurance market share. In Australia, New Zealand and the United Kingdom, Cover-More travel insurance is underwritten by the Munich Re Group. Zurich Australia. In 2015 the insurer provided cover… Read More »Zurich Agrees To Buy Australia’s Largest Travel Insurer

CGU has been named the General Insurer of the Year CGU has been named the General Insurer of the Year award at the National Insurance Brokers Convention. This is the 2nd year in a row that the insurer has taken out this prestigious award, other finalist’s included Allianz and QBE. The NIBA General Insurer of the Year… Read More »CGU named the General Insurer of the Year

New CEO at Zurich Australia Announced Tim Bailey, the CEO of Zurich Australia’s local Life and Investments division, has been named CEO of Zurich Australia. Prior to his appointment as Australian Life & Investments CEO, Tim held the roles of Chief Risk Officer and Head of Strategy of Zurich’s Global Life business. He has been with the… Read More »New CEO at Zurich Australia Announced

Life Insurer Macquarie Group has announced that it is entered into an agreement to sell it’s life insurance Business to Zurich Australia Ltd. The transaction is subject to regulatory approvals, however it is expected to be completed in the second half of 2016, and Macquarie Life staff will transfer to Zurich as part of the acquisition.… Read More »Life insurer Zurich to buy life insurance business of Macquarie Group

Rajbir Nanra Chief Executive Officer, General Insurance, Australia and New Zealand Zurich is has announced the appointment of Rajbir Nanra to the position of Chief Executive Officer (CEO), General Insurance, Australia and New Zealand. Raj will report to Stuart A. Spencer, CEO of General Insurance, Asia Pacific as well as the board of Zurich Australian Insurance Limited.… Read More »Zurich New Chief Executive Officer Rajbir Nanra

  Zurich has named Paul Bedbrook as its incoming Chairman of its key general insurance, life insurance and investment entities. Paul Bedbrook is a professional director who has had a career of over 35 years in financial services. He was originally an analyst, fund manager and then the GM & Chief Investment Officer for Mercantile… Read More »Zurich Names Paul Bedbrook as New Chairman

Head of Commercial Distribution Anthony Pagano and Head of Customer and Product Proposition Nick Cook have decided to leave the insurer, insurancenews.com.au is reporting the high-profile senior managers at Zurich Financial Services have chosen to take redundancy packages under a restructure announced by the company yesterday that will see up to 45 other positions also affected.… Read More »Changes at Zurich