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Life Insurance

Zurich Life names chief claims officer

28 February 2022

Zurich Life & Investments says Suzi Leung has been appointed Chief Claims Officer with immediate effect, reporting to COO Hilary Bates...

SEQ Advice MD appointed TAA chairman

21 February 2022

The Advisers Association confirmed at its annual general meeting last week that SEQ Advice MD Bill Beimers has been appointed Chairman...

Zurich pilots diabetes self-management health app

21 February 2022

Zurich Australia announced today it has piloted a new mobile health app designed to help life insurance customers with diabetes monitor their blood sugar levels and self-manage their conditions...

FPA flags reform concerns in pre-budget submission

07 February 2022

The long-term impacts of regulatory reforms on the advice profession including what it means for consumer affordability are among key issues raised by the Financial Planning Association in its 2022/23 pre-budget submission to Treasury...

Insurer acted unfairly by relying on in-house doctor to assess cancer claim

07 February 2022

The Australian Financial Complaints Authority has ordered AMP to reassess a trauma claim from a policyholder who was diagnosed with skin cancer, ruling the insurer acted unfairly when it relied on medical opinions from its in-house haematologist to review the claim, instead of an oncologist...

Synchron rejects name change for advice document

07 February 2022

Synchron GM Compliance Phil Osborne has dismissed a recent call by some industry commentators to replace Statement of Advice, the description of documents provided to clients, with a new name...