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Showing 41 - 50 of 369 results for "Comminsure"

New role for Mercer chief

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
... see the long-time Mercer boss drive the direction of AIA's life insurance arm, which includes the recently acquired CommInsure. Walsh will link with the insurer from June 1, and will report to AIA Australia chief executive Damien Mu. AIA said Walsh will ...

CommInsure income protection off the menu

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
AIA Australia, which now owns CommInsure Life, has announced that CommInsure Protection products will cease accepting new business from 31 March 2020. AIA said the move to streamline its retail advised life risk business is the next step in its integration ...

Former CBA, MLC executive joins reinsurer

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
A former CommInsure and MLC executive has returned to Australia to lead local client solutions for a global reinsurer. Martyn Gilling has been appointed head of client solutions at Pacific Life Re Australia, in a role that will see him assume responsibility ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... regulatory position is yet to be filled. Ian Knight has been appointed general manager, operations. He joins Synchron from CommInsure where he was acting head of distribution. Knight has a policing background, prior to entering the financial services ...

Major life insurers continue to suffer

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... Australia's life insurance industry continues to suffer the ill-effects of deteriorating conditions, with major players AIA, CommInsure, AMP, BT, Zurich and MLC all registering lower risk premium inflows across 2019, according to new Plan for Life data. ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... insurance premiums. The action alleges CFS, as Commonwealth Bank's superannuation provider, put members into policies with CommInsure and that the fees charged in these CommInsure policies were not in the best interests of members, and that similar policies ...

Industry digs deep amid bushfire crisis

ELIZABETH MCARTHUR  |  MONDAY, 6 JAN 2020
... by the fires. Insurance will obviously be front of mind for many impacted by the fires. Insurers including QBE and CommInsure have said they will prioritise claims and offer emergency payments and cover accommodation costs where needed. Those impacted ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... its past enforcement action against insurers engaging in poor sales conduct, noting its successful court case against CommInsure which last week drew a $700,000 penalty after the firm plead guilty to 87 counts of unlawful life insurance hawking. In February ...

CommInsure cops $700k hawking fine

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
CommInsure has been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products ...

CommInsure enters guilty plea

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
CommInsure has pleaded guilty to 87 hawking offences. ASIC announced that Colonial Mutual Life Assurance Society, trading as CommInsure, has entered a guilty plea for 87 counts of offering to sell insurance products in the course of unlawful, unsolicited ...