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NWI makes third acquisition in three years

Ambitious brokerage makes third acquisition in three years ... Northwest Insurance Brokers has bought Bundaberg-based Goldtrain Financial and Investment Services, an authorised representative of Ausure Insurance Brokers, Insurance Business can reveal, and is soon to launch a life insurance arm. The deal, which was completed on 1 January, brings Northwest Insurance’s total GWP to more [...]

Far out Friday: The Russian solution to cyber crime

Almost everyone’s heard the apocryphal tale about the Russian and American approaches to the space race. When confronted with the problems of writing in zero gravity, the US set its finest minds to work on a pen that would cope with the vagaries of space, no expense spared. The end result was the now-ubiquitous ballpoint [...]

Hot weather spells machinery breakdown claims

Lengthy spells of above-average temperatures are increasing the number of machinery breakdown claims for Australian businesses. With many regions breaking records for hot weather, the pressure on refrigeration and air conditioning units is causing many to fail. “February and March are traditionally the peak months, but this year’s January heat waves have already led to [...]

Itchy feet?

Itchy feet? Might be a good time to move jobs ... If you feel stuck in a rut or you’re dreading going to work on Monday morning then the New Year may be time to consider your career options, according to recruiting experts Hays Insurance. The recruiter says there is no set timeframe for changing [...]

Let’s do the Math

Are you wondering what your premiums are paying for??? Let’s do the numbers: 9 – Percentage of the new stamp duty on general insurance products in Queensland after the State government increased the level from the previous 7.5%. 13.8 Billion Dollars – Australian Dollar cost of natural disasters in the State of Queensland since 2012. [...]