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Showing 1021 - 1030 of 2448 results for "Claims"

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... of millions of people around the world, but it's "completely separate" and not used for underwriting. Underwriting and claims do not have any access to that data as the member's life insurance policy is in place well before Vitality kicks in, he said. ...

CBA denies majority of latest AUSTRAC allegations

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... further 53 allegations. The bank said it has submitted more than 19 million reports to AUSTRAC over the period covered by its claims right until the end of 2017. Referring to the class action commenced by Zonia Holdings on 9 October 2017, CBA said it ...

BTFG names insurers on expanded APL

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... process that required independent input from Deloitte. The two insurers met a range of selection criteria such as service and claims experience, technology, quality of product offering and client benefit, she said. "We are confident these products meet ...

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... great customer outcomes and delivering better returns for our shareholders." Higher profit margins resulted from favourable claims experience at the end of last financial year, as well as reduced expenses and repricing benefits, the director's report ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
... compared with the code's maximum of 1%. "Importantly, this includes the majority of service levels outlined in relation to claims, and where we are not up to the code's standard we aim to be there by end of 2019 - more than 18 months ahead of the code's ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
... emerged from 385 public submissions including inappropriate financial advice and inappropriate dealing with life insurance claims. Orr explained there are also submissions from both financial institutions and the general public that display a frustration ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
... of more than $1 billion. It said this was partly offset by lower general insurance income which was impacted by higher claims due to weather events. CBA chief executive Ian Narev said during the past six months the group has "focused a great deal of ...

Advice firm enters insurance market

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2018
... comprising implementation of advice, ongoing reviews, alterations when changes are necessary and additional facilitation of claims. "Where commission is concerned, it will be either rebated to the client or removed from the policy altogether, both of ...

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... level of default cover remained unchanged. The firms are also working together to integrate with administrators to reduce claims processing timeframes, and deliver improved member experience via tele-claims and paperless ID solutions. The local life ...

SuperFriend launches employer engagement framework

KARREN VERGARA  |  MONDAY, 22 JAN 2018
... employers, and help employees return to work quicker. SuperFriend's latest guide, which builds on its managing psychological claims initiative launched in 2015, points to numerous opportunities super funds and life insurers can seize to improve return ...