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Super fund renews AIA group contract

Super fund Colonial First State has retained AIA Australia as its group insurance provider for another three years.

The life insurer will continue covering 200,000 of the fund’s FirstChoice Employer Super, Essential Super and FirstChoice Wholesale Personal members.

“After a thorough review of our group insurance arrangements, we are pleased to be continuing our partnership with AIA Australia,” Colonial First State CEO of super Kelly Power said. “Our members will benefit from lower insurance premiums and will have access to a full range of health and wellness programs, along with digital servicing tools that will make it easy to customise cover and claim.”