|MLC Life Insurance is positioning itself to directly challenge Australia's established group insurers, unveiling a group insurance digital platform for superannuation fund trustees, administrators and members.|
|ANZ Wealth launched a life insurance pre-assessment tool that reduces the application waiting time by up to 48 hours.|
|Bravura Solutions' global expansion plans have been given an upgrade with a mandate from one of the UK's largest mutual life insurers.|
|Global life insurer MetLife will cease to write individual insurance policies in the United States, having established a new firm to house its domestic retail life and annuity insurance divisions.|
|Life insurance premium inflows inched 2.1% in the 12 months to March, the latest analysis from Strategic Insight shows.|
|Industry super fund Cbus has signed a new insurance deal with TAL that will see premiums decrease substantially.|
|The underwriting process is about to get easier for customers of MLC Life Insurance as the firm becomes the first in Australia to offer UK underwriting rules engine UnderwriteMe.|
|An industry super fund will reduce its insurance premiums by 6% and has pledged to lock the reductions until 2020.|
|The Financial Services Council rolled out its Life Insurance Code of Practice, along with a new set of standardised medical definitions, on July 1.|
A former Australian Wallabies captain will lead Stockspot's new partnership strategy on a consultative basis, with financial advisers and accountants firmly in his sights.
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said.
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not free from the threat of a public inquiry like the banking sector is currently facing.
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy.
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17 JUL 2017
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