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Showing 41 - 50 of 455 results for "Group insurance"

AvSuper names insurer, premiums rise

JAMIE WILLIAMSON  |  MONDAY, 7 MAR 2022
... premiums from next month, as it continues work to identify a merger partner. The $2.5 billion fund has awarded a group insurance mandate to AIA Australia. The fund's membership is currently covered by Hannover Life RE which is due to exit the market ...

Super fund cuts fees, appoints insurer

JAMIE WILLIAMSON  |  FRIDAY, 4 MAR 2022
... new group insurer ahead of Hannover Life RE exiting the market. Also effective April 1, AIA will take over the group insurance mandate for the fund. AIA will retain the existing insurance arrangements, with no changes to terms, conditions or premiums ...

AIST, MetLife tackle underinsurance issue

KARREN VERGARA  |  TUESDAY, 8 FEB 2022
... Australian Institute of Superannuation Trustees have joined forces to raise awareness about the importance of group insurance in a bid to tackle the underinsurance problem. AIST chief executive Eva Scheerlinck told Financial Standard that this partnership ...

MLC Life names head of fund partnerships

JAMIE WILLIAMSON  |  MONDAY, 7 FEB 2022
MLC Life Insurance has appointed a head of fund partnerships for the group insurance business, most recently on the leadership team of an industry super fund. Chris Porter has taken on the role, reporting directly to general manager, fund partnerships ...

CBA Group Super overhauls service providers

JAMIE WILLIAMSON  |  TUESDAY, 25 JAN 2022
... Wellbeing, the insurer's new advice business. The change in financial advice provider has no impact on the group insurance arrangements between AIA and CBA Group Super. These mandates follow another that was awarded in December to Fulcrum Asset Management ...

Zurich expands group insurance leadership team

JAMIE WILLIAMSON  |  THURSDAY, 20 JAN 2022
Zurich Life & Investments will soon welcome its first head of digital and member engagement within the group insurance team, hiring from Aware Super. Ahmad Racheha has been appointed to the newly created role at Zurich, effective next month. Racheha ...

FSC releases two new standards

KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... broader industry. Senator Jane Hume wants to find solutions to problems that arise from occupational exclusions in group insurance provided by MySuper products.

Super fund appoints new insurer

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... existing insurers. TAL has provided cover for Catholic Super members since 2008. Meanwhile, since 2006 Equip's group insurance has been provided by Hannover Life Re, which is exiting the market. The appointment of MetLife follows a lengthy tender process ...

ESSSuper chief executive joins MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... insurer as it restructures. Effective 3 January 2022, Mark Puli will exit the fund and take on the role of chief group insurance officer at MLC Life. Following a review, the group insurance function will become a separate, standalone business reporting ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... fees to more than 11,000 deceased customers. This conduct allegedly went on for 10 years. In the case related to group insurance, ASIC alleges BT Funds Management charged super members premiums that included commissions, despite the Future of Financial ...