Health insurer HBF is on track to grow its newly acquired Friendlies Pharmacies network to 60 stores, after becoming the parent company to the pharmacy franchise in April.
Western Australia-based health fund HBF has offloaded its general insurance business to national giant IAG's subsidiary, CGU, for an undisclosed sum as part of a strategy to focus on its core business.
It is something of a familiar tale in corporate Western Australia – expatriates and those working on the east coast struggling to find a suitable job when they want to return.
The home loan alliance between Perth-based health insurer HBF and the Bank of Queensland will be launched today, though the fund's chief-executive-elect said the insurer had no plans to become a bank.
