06 November 2023
Third party claims manager Gallagher Bassett has urged group life insurers to consider “strategic outsourcing” as a tool for lifting business efficiency and have an edge in the market...
06 November 2023
MetLife has made it to the 2023/24 list of inclusive employers and other insurance-related businesses included in the list are CHU Underwriting Agencies, Sedgwick and actuarial firm Finity Consulting...
06 November 2023
MLC Life has launched a new cancer screening questionnaire to help customers take proactive steps towards prevention...
06 November 2023
TAL has launched a new digital solution for its super fund partners to help enhance and simplify insurance services for members...
30 October 2023
A complainant who insisted his total and permanent disablement claim should have been accepted has failed to overturn his insurer’s decision, with the complaints ombudsman ruling his Centrelink carer’s allowance did not meet the policy’s “gainful employment” definition...
30 October 2023
The Federal Government has extended the financial redress scheme for beneficiaries of deceased Indigenous policyholders who had acquired funeral insurance from Youpla Group...
30 October 2023
Investment group Challenger says the business, particularly its core life division, is primed for further growth after posting strong results for the last financial year...
30 October 2023
The Federal Court has dismissed Australian Securities and Investments Commission civil penalty proceedings against Diversa Trustees, ruling the business did not fail to take reasonable steps to ensure its adviser representatives complied with financial services laws...
30 October 2023
The Financial Advice Association Australia announced today Strategic Wealth Partner and financial adviser Andrew Dickinson has won the Gwen Fletcher Memorial Award for semester two of 2023...
30 October 2023
Financial Advice New Zealand has opened nominations for the 2024 Financial Advice New Zealand Awards...
23 October 2023
Cost of living pressures led to higher lapse rates while declining adviser numbers have affected sales of death and disability income insurance policies, consultancy KPMG says in in its latest annual review of the life industry...
23 October 2023
An insurer’s application to stay the operation of an Australian Financial Complaints Authority superannuation dispute ruling has been dismissed by the Federal Court...
23 October 2023
Latest Australian Prudential Regulation Authority data shows total and permanent disability with a claims paid ratio of 78%, the highest among seven life product lines covered for the rolling 12-month period to June 30...
23 October 2023
Increased longevity will have implications for the life insurance industry in Australia and globally, according to an annual report from Capgemini...
23 October 2023
The Financial Advice Association of Australia has announced three new board members who will start their three-year terms at the annual general meeting on November 20...
16 October 2023
The ACT Civil and Administrative Tribunal has upheld an insurer’s decision to refuse cover to an insurance applicant with bipolar disorder and other mental health conditions...
16 October 2023
The advice industry is mourning the loss of Bongiorno Group director, Tony Bongiorno, who died last week after an accident while cycling for charity...
16 October 2023
TAL has announced new executive leadership appointments within its Group Life & Retirement business, Individual Life business, and Technology...
16 October 2023
The Financial Advice Association Australia has finalised contenders for its first ever excellence awards...
16 October 2023
Specialist life insurance company PPS Mutual has appointed Ivan Werner as Business Development Manager NSW...