Brought to you by:
Ebix
Ebix

Life Insurance

Individual DII snaps loss streak as risk products make 'notable improvements'

29 November 2021

The troubled individual disability income insurance product is finally in the black, posting an after-tax profit of $124 million in the 12-month period to September 30 after losing $1.41 billion a year earlier, according to latest statistics from the Australian Prudential Regulation Authority...

Read More...

ALUCA white paper sets out individual DII best practice approach

29 November 2021

The Australasian Life Underwriting and Claims Association launched a white paper last week on individual disability income insurance, outlining keys areas where improvements may be made amid an ongoing industry-wide push to return the troubled product line to a sustainable state...

Read More...

Class action alleges QSuper overcharged life premiums

29 November 2021

Plaintiff law firm Shine Lawyers has filed a class action in the Federal Court on behalf of QSuper’s members, alleging the Brisbane-based fund may have “unfairly overcharged” them life premiums...

Read More...

Unitysure.com launches pre-assessment platform for advisers

29 November 2021

Financial software application provider Unitysure.com has launched an online pre-assessment platform for advisers and underwriters...

Read More...

APIR looks to build traction in life insurance industry

29 November 2021

APIR Systems, a provider of identifiers and data for financial products, sees an opportunity to expand into the life insurance industry following the introduction last month of design and distribution obligations laws...

Read More...