OnePath wins Adviser Choice Risk Awards

Life insurer, OnePath, has been awarded the 2022 Risk Company of the Year honour after taking out the top prize in three categories at the Adviser Choice Risk Awards ceremony hosted by Financial Newswire, in association with market research house, DEXX&R, on Friday morning.

OnePath’s OneCare, Life Cover and TPD Rider, OneCare Trauma Premier and OneCare, Life Cover and TPD Rider Super products won in the Term and TPD, Trauma and Individual Inside Super Term and TPD Rider categories, respectively.

AIA Australia tied with OnePath for the highest number of wins, topping the Disability Income, Business Overheads and Individual Inside Super Disability Income categories. It was also a finalist for Risk Company of the Year.

Aware Super won the Public Offer Super Funds (Group) Term and TPD Benefits category with its Personal Superannuation, while the Public Offer Super Funds (Group) Disability Income award was presented to UniSuper for its Personal Superannuation. Both are provided by group insurer TAL.

The event also featured panellists Shaneen Marshall, Head of Strategy at Zurich Financial Services Australia; Brett Clark, CEO at TAL; Wayne Handley, CEO at Bombora Advice; and Simon Swanson, Managing Director at ClearView.

Moderated by Financial Newswire’s Mike Taylor, the panel discussed the effectiveness of the Life Insurance Framework (LIF) and what the future of the life insurance industry might look like in the aftermath of the Quality of Advice Review.