Here you will find links to our media releases and mentions in the media.
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4 September 2017
Hollard has doubled its presence in the intermediated SME sector through the acquisition of Calibre Commercial Insurance.
As reported in a Breaking News bulletin last week, the insurer has bought SME specialist Calibre from Munich Re for an undisclosed sum.
Calibre’s portfolio, currently underwritten by Munich Re subsidiary Great Lakes Australia, will be underwritten by Hollard from April 1 next year.
It will remain a standalone business and brand.
4 September 2017
So-called challenger brand Hollard is closing in on its ambition to write $1 billion in premium, thanks to another major acquisition.
The South African insurer was licensed in Australia in 2002, and the past 15 years have been a remarkable growth story for CEO Richard Enthoven.
From humble beginnings, it now writes about $700 million in annual premium and has more than 1 million policyholders and 500 staff.
Mr Enthoven has his sights set on the milestone of $1 billion in premium, and last week’s acquisition of SME specialist Calibre Commercial Insurance brings that a step closer.
31 August 2017
Today, The Hollard Insurance Company Pty Ltd (‘Hollard’) has acquired Calibre Commercial Insurance Pty Ltd from Munich Holdings of Australasia Pty Ltd.
Hollard will also become the underwriter of the portfolio from 1 April 2018. Up until this date all new and renewal business will continue to be underwritten by Great Lakes Australia.
6 July 2017
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Following a strategic review of their business, Munich Re has announced that it will pursue a divestment of its primary insurance arm and agency investments in Australia and New Zealand, which includes Calibre Insurance.
Munich Re believes the capabilities of Great Lakes Australia (GLA) and its agency investments will be better realised with a change in ownership.
Munich Re will focus on Reinsurance in Australia and New Zealand, where it believes it can provide the best value to the market and its reinsurance clients. View the latest media articles and Munich Re corporate news.
25 November 2015
Insurance & Risk
Following Munich Re’s acquisition of Calliden Commercial’s insurance operations in December 2014, a new Australian-based insurance company has been launched with a focus on servicing the commercial needs of Australian businesses.
Launched on 5 November, Calibre Insurance will operate as an Australian-based subsidiary of Munich Re and will be underwritten by Great Lakes Australia, with a focus on offering business package products, as well as industrial special risks, general and specialty liability.
11 November 2015
Insurance Business online website –News
Calibre Insurance, the recently launched insurer formally known as Calliden, has discussed its future plans and what opportunities it sees in the commercial space.
The business, which officially launched last week, will be similar to their former incarnation, CEO Mike Hooton told Insurance Business, but there will be some positive differences.
11 November 2015
Calibre Insurance is Australia’s newest insurance operation, created by Munich Re after it purchased Calliden’s commercial insurance operations from Steadfast in August.
The brand will also take in what was previously Latitude Underwriting’s specialty liability portfolio, which Munich Re also recently purchased.
Mike Hooton, formerly of Calliden Agency Services, has been appointed CEO, while Latitude’s Ross Gilbert has also joined the new operation.
9 November 2015
Calibre Commercial Insurance was officially launched last week following Munich Re’s purchase of Calliden’s general insurance operations.
CEO Mike Hooton says the business remains “firmly focused” on providing business package, industrial special risk, general liability and specialty liability products to SMEs through brokers.
Read the full article.
5th November 2015
Calibre Commercial Insurance Pty Ltd (‘Calibre Insurance’), a subsidiary of Münchener Rückversicherungs-Gesellschaft AG (‘Munich Re’), part of Munich Re (Group). Munich Re (Group) is one of the largest insurance groups in the world.
Calibre Insurance has been created to manage commercial insurance portfolios on behalf of insurer Great Lakes Australia.
5 November 2015
Calibre Insurance has been launched as the brand for the Calliden Commercial Insurance portfolio acquired last year by Munich Re.
Calibre Commercial Insurance Pty Ltd is headed by Mike Hooton, a former executive of Calliden Agency Services. Con Ansata is the National Sales Manager and Darren Fisher underwriting Manager Commercial.
5 November 2015
Insurance Business online website – Breaking News
The Australian commercial insurance market has just gained a new player with the official launch of Calibre Commercial Insurance.
Calibre, which arose out of the acquisition of Calliden, will be headed by Mike Hooton as CEO and is a subsidiary of Munich Re.
The business is “firmly focused” on the intermediated market, the company said in a statement, and will offer business package, industrial special risks, general liability and special liability products aimed at the SME market.