Life insurers canvas law changes to address financial abuse

Life insurers canvas law changes to address financial abuse

The major life insurers have canvassed changing the legal settings around policy holders to protect domestic violence victims.
Fiona Macgregor succeeds Brett Clark at TAL

Fiona Macgregor succeeds Brett Clark at TAL

In what represents a major change at the top, Fiona Macgregor is to succeed Brett Clark as CEO of major insurer, TAL.
Adviser exits and Govt policy weigh on life/risk market

Adviser exits and Govt policy weigh on life/risk market

Nearly four years after APRA intervened in the disability insurance market the impacts are continuing to ripple through the system.
Ripped paper with Life Insurance written on it

MetLife makes EOFY changes to flagship Protect products

Yasmine Raso 11 July 2024 No Comments

MetLife Australia has made several changes to its flagship Protect and Protect Super products that have been backdated to 30 June.

Microsoft Copilot

TAL inks three-year GenAI expansion deal with Microsoft

Patrick Buncsi 10 July 2024 No Comments

TAL has confirmed a new three-year strategic agreement with Microsoft that will see wide-scale adoption of the bigtech’s GenAI solution Copilot.

Gillian Davie Bravura appointment chief people officer

Vamos to chair Zurich Assure Board

Yasmine Raso 2 July 2024 No Comments

Former chief executive at ASFA, Pauline Vamos, has been appointed as Chair and Independent Director of Zurich Assure.

AIA Australia

AIA Australia overhauls member portal

Patrick Buncsi 2 July 2024 No Comments

AIA Australia has delivered a major update to its Member Insurance Portal, promising for users a “cutting-edge” and “real-time” claims experience.

Jane Perry

Ex-Qantas Super CEO joins AIA board

Patrick Buncsi 19 June 2024 No Comments

AIA Australia has appointed veteran financial services executive and former Qantas Super CEO Jane Perry to its board.

Zurich AI underwriting mental health

‘Impossible for a human’: Zurich pilots AI in core underwriting process

Patrick Buncsi 28 May 2024 No Comments

Zurich has concluded a six-month pilot testing whether an AI model can overcome a major hurdle within the life insurance underwriting process

Men shaking hands

Challenger extends, deepens MS Primary partnership

Staff Writer 23 May 2024 No Comments

Japanese insurer, Mitsui Sumitomo Primary Life has flagged expanding its relationship with Challenger Life.


INDUSTRY NEWS

25 years of identifying valuation anomalies

Financial Newswire Contributor 1 July 2024

Industry News

No Comments

Identifying valuation anomalies can be key to delivering attractive, long-term returns for investors. It’s also key to managing risk by holding…

Staying ahead of the curve – what’s in store for the rest of ‘24?

Financial Newswire Contributor 30 June 2024

Industry News

No Comments

With increased volatility in financial markets and heightened geopolitical tensions, investors may be asking how should I position my portfolio?

Taking the search for alpha opportunities global

Financial Newswire Contributor 30 June 2024

Industry News

No Comments

Optimism about generative artificial intelligence (AI) and earnings resilience have driven US stocks to record highs. While the US market remains an..

Member Satisfaction and The Value of People

Amelia King 5 June 2024

Industry News

No Comments

We’ve suggested before that member experience should be the next metric for measuring superannuation fund (super fund) performance, and recent data…


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Count buyout deal

Fiona Macgregor succeeds Brett Clark at TAL

Mike Taylor | 18 June 2024In what represents a major change at the top, Fiona Macgregor is to succeed Brett Clark as CEO of major insurer, TAL.
Zurich AI underwriting mental health

‘Impossible for a human’: Zurich pilots AI in core underwriting process

Patrick Buncsi | 28 May 2024Zurich has concluded a six-month pilot testing whether an AI model can overcome a major hurdle within the life insurance underwriting process
Men shaking hands

Challenger extends, deepens MS Primary partnership

Staff Writer | 23 May 2024Japanese insurer, Mitsui Sumitomo Primary Life has flagged expanding its relationship with Challenger Life.
TAL

TAL pays annual record in claims benefits, as digital claims rise

Yasmine Raso | 17 May 2024TAL has paid over $4 billion in claims benefits to customers in the last 12 months to 31 March, with 50% also lodged digitally.
Dexx&r

Adviser exits and Govt policy weigh on life/risk market

Mike Taylor | 16 May 2024Nearly four years after APRA intervened in the disability insurance market the impacts are continuing to ripple through the system.
Product upgrade ClearView

ClearView product updates ‘a first step to reimagining TPD’

Patrick Buncsi | 14 May 2024ClearView has announced a number of enhancements to its ClearChoice product series, providing more cost-efficient options for trauma and TPD coverage.
CALI Equisoft Partner Program

‘Major milestone’: CALI secures first corporate partner

Patrick Buncsi | 6 May 2024CALI has signed global wealth and insurance technology developer Equisoft to its inaugural Partner Program.
Male figure steps into gap

New retail life sales down by 50% – APRA

Mike Taylor | 1 May 2024A senior APRA executive has pointed to a 50% decline in new retail life policies over the past five years and the exit of 43% of advisers.