There has been a change to the nominees for the UAC board of directors. UAC chair Lyndon Turner has decided not to stand for re-election at the December annual general meeting. Lyndon joined the board in March 2011 to replace a retiring director and has consistently given a tremendous amount of energy and dedication to [...]
UAC has received 11 nominations for four vacancies on the board of directors. Those elected will each serve a two-year term. The election will be conducted at UAC’s AGM on Wednesday 11 December 2019 in Sydney. Three retiring directors are seeking re-election. They are Lyndon Turner, from NM Insurance; Kurt Nilsen, from Lion Underwriting; and [...]
Nominations close on Friday 8 November for positions on the UAC board of directors. There are four vacancies for two-year terms. Directors must be nominated by a representative of a full voting member of UAC and seconded by a representative of a full voting member. All agencies must be financial. If you would like to [...]
Photos from the Hobart Underwriting Expo are now live on the UAC website. Click here to check out the very successful day for exhibitors and brokers.
Dawes Underwriting Australia Pty Ltd has bought future rights to Ryno’s motor portfolio from 1 October 2019. A Ryno eNewsletter said Ryno would continue to offer its liability, property and accident & sickness products (underwritten at Lloyd’s) to its broker network. Ryno said transferring its motor portfolio’s future rights to Dawes, a well-established specialist motor [...]
UAC is circulating this information to alert the market that Professional Risk Underwriting Pty Ltd (ProRisk) became aware this week that its operating network has been affected by a phishing attempt. ProRisk’s IT Department acted quickly to isolate the malicious code within the system. That involved shutting down the system and closing any security gaps. [...]
The Lacrosse fire litigation is the topic for UAC morning seminars in Sydney and Brisbane in July. Click here to read more in UAC’s latest eNewsletter or go straight to Events to register.
The New Zealand Government has charged officials at the Ministry of Business, Innovation and Employment with reviewing NZ’s insurance law and making recommendations about changes required. The industry has the opportunity to provide submissions. Click here to read more in UAC’s latest NZ eNewsletter.
Andrew Gurney, Lloyd’s Head of International Regulatory Affairs, is guest speaker at a breakfast preceding the Underwriting Agencies Council’s Sydney Underwriting Expo on Friday 8 March 2019. Mr Gurney is responsible for Lloyd’s international trading rights in more than 75 jurisdictions and leads Lloyd’s international and regulatory relationships. He also develops and implements Lloyd’s global [...]
The insurance industry has lost a long-time, loyal servant with the death on 4 February 2019 of Frank Hoffmann, 84. Frank was the father of underwriting agencies in Australia. Frank created Australia’s first stand-alone agency, Jardine Underwriting Pty Ltd, which subsequently changed to Jardine Underwriting Agency Pty Ltd (JUA) with the introduction of the Agents [...]