Allianz Australia News

Markets/Coverages: Coalition Offers Active Cyber Insurance in Australia

Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, launched its suite of Active Cyber Insurance products in Australia. Active Cyber Insurance works with organizations to help them understand their cyber risk profiles, improve their defenses, and, ultimately, …

Allianz to Buy General Insurance Business of Australia’s Westpac for $534M

Allianz announced it has agreed to purchase the general insurance business of Westpac Banking Corp., the Australian banking group for a deal worth A$725 million (US$534 million). It will also enter into a new 20-year exclusive agreement for the distribution …

Allianz Australia Taps Laybutt from Deloitte as Chief Risk Officer, Succeeding Callahan

Allianz Australia announced the appointment of Tara Laybutt as Allianz Australia’s chief risk officer, effective May 11, 2020. Laybutt has extensive experience in guiding the risk functions of large, financial services companies through complex and challenging periods, the company said …