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Showing 991 - 1000 of 2274 results for "Premium"

The rise and impact of insurtech

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
Legacy systems and antiquated business models of the global insurance industry are beginning to see significant disruption, prompting traditional insurers to up their game to get ahead of the curve and presenting prime opportunities for collaboration. ...

Group insurance inaction is "robbery": Inquiry

KARREN VERGARA  |  FRIDAY, 8 SEP 2017
Group insurers not doing enough to prevent the growing problem of employees owning multiple superannuation funds and life insurance premiums is equivalent to theft, according to today's life insurance parliamentary inquiry. Senate Parliamentary Joint ...

Underwriting expert joins ClearView

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2017
ClearView appointed a chief underwriter in an effort to strengthen its partnerships with independent financial advisers. Warren Page will be responsible for leading ClearView's national underwriting team and partnering with the group's reinsurer to ...

Group insurance premium arrangements unclear: ISWG

KARREN VERGARA  |  MONDAY, 4 SEP 2017
The lack of understanding and poor transparency around premium adjustment mechanisms have emerged as major concerns in the latest Insurance in Superannuation Working Group discussion paper. Greater disclosure on premium adjustment mechanisms should ...

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
ANZ's OneCare is enhancing its insurance offering with the introduction of a tiered benefit structure and by helping customers return to work quicker. Income Secure Essentials and Severity Trauma, which are a part of the OneCare range of life products ...

Improved distribution strengthens ClearView result

DARREN SNYDER  |  FRIDAY, 25 AUG 2017
ClearView leveraged its life insurance business and financial adviser relationships to expand its wealth management division in FY17, recording a 17% increase in funds under management. The wealth division now has $2.5 billion FUM with double-digit ...

Freedom Insurance flags acquisition

KARREN VERGARA  |  THURSDAY, 24 AUG 2017
... insurance. Customer numbers reached 289,000, up 66% year-on-year, while the in-force business now exceeds $100 million in premium. Indirect policy sales which include third-party brokers and advisers associated with the group's Spectrum Wealth Advisers ...

ASIC and CBA discussing potential advice problem

EMMA RAPAPORT  |  TUESDAY, 15 AUG 2017
... 2016, CBA identified that some customers who had purchased Home Loan Protection insurance had been charged an incorrect premium amount or had incurred premium charges before the home loan was drawn down. So far CBA has refunded approximately 9600 customers ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...

ANZ foots compensation bill

KARREN VERGARA  |  FRIDAY, 11 AUG 2017
... up to 12 months. Another was failing to take action on 21,000 cheques for insurance claims proceeds, super benefits and premium refunds sent to customers that were not banked within a 15-month timeframe. ASIC said its independent review of OnePath's ...