Page 20 - Australasian Paint & Panel Mar-Apr 2019
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NEWS
PAINT&PANEL
MARCH / APRIL 2019
WWW.PAINTANDPANEL.COM.AU
BRIEFS
NEXT GENERATION
IF YOU ARE A YOUNG (UNDER 40ISH)
manager or owner of a collision repair shop then join us at the Next Generation seminar in Melbourne on Wednesday 3 April from 12pm. It's the day before the Collision Repair Expo starts.
We only hold this seminar every two years so don't miss out on your opportu- nity to meet and connect with other young blood in the industry, exchange ideas and contact details, learn some- thing new and have some fun in a re- laxed atmosphere.
Previous attendees have formed friendships through the Next Generation
events and closed Facebook group and helped each other out with advice or feedback on business matters.
We'll kick off with lunch and then launch into our sessions which include: getting the most out of quoting, attract- ing youngsters into the industry, effective marketing, what OEMs are looking for and how to fast track becoming and MSO.
We'll finish with networking drinks. Next Generation takes place at VACC House in Melbourne and is sponsored by Right2Drive and supported by VACC. Tickets available through the Paint & Panel website.
NEW CAPRICORN CEO
CAPRICORN HAS ANNOUNCED THE
appointment of current Capricorn chief executive officer - automotive, David Fraser, to the role of Capricorn group chief executive officer effective from 1 July 2019.
In March 2018 current Capri- corn group chief executive offic- er Greg Wall advised that he would be transitioning from the company’s leadership role in July 2019 to pursue board roles.
Fraser’s results, experience and dedication to the current
and long term success of Capricorn made the industry veteran a clear stand out for this major leadership role.
Capricorn Chairman, Russell Becker said: “During his 12 year career with Capricorn, David has dis- played an outstanding level of dedication to the success of Capricorn’s automotive busi- ness division and this has been reflected in the strong growth and development of
this core business division during his tenure."
QBE TAKES A BIG PROFIT LEAP
QBE announced a 2018 cash profit after tax of $715M – a significant improvement on the cash loss of $262M recorded in 2017. Net profit after tax was $390M (including a $567M profit from continuing operations) compared with a loss of $1,249M in the prior year.
QBE Group CEO, Pat Regan said the Group’s improved 2018 financial performance reflected significantly improved attritional claims experience across all divisions coupled with a reduced level of catastrophe claims.
“The actions we have taken to simplify the Group, implement rigorous performance management frameworks and upgrade core capabilities in pricing, risk selection and claims management delivered meaningful improvement in the underlying quality of our business and our financial performance in 2018,” Regan said.
The balance sheet also recovered strongly after the extreme catastrophe experience of 2017.
QBE EYES UP CBA INSURANCE
QBE insurance chief exectutive Pat Regan has signalled his interest in the Commenwealth Bank's general insurance unit.
"There is a scarcity of good assets out there," he said. "So if or when it comes to the market, perhaps we'll have a look at it," he told The Australian.
Last year CBA started a strategic review of its general insurance business, which includes motor and home insurances and it is expected to begin the sales process this year. When the review was announced in June last year it was speculated that QBE, Allianz and IAG all might throw their hat in the ring to buy the bank's insurance arm.
NEW ROLE AT FIX AUTO
Fix Network World announces the appointment of Carl Brabander, former vice president of marketing to the new senior role of head of global franchise development.
Brabander joined Fix Auto Canada as vice president of marketing in 2014. Brabander will be now be responsible for working in close collaboration with master franchisees and industry partners to promote the development of Fix Auto, NOVUS Glass and Speedy Auto Service networks globally.


































































































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