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Showing 121 - 130 of 2424 results for "Claims"

TAL partners to expand access to affordable insurance

MATTHEW WAI  |  MONDAY, 16 JUN 2025
... illness protection through their payroll platforms via streamlined online registration with no underwriting and 100% digital claims processing. It comes as Cover Genius estimates one million Australians are underinsured for death and total and permanent ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
... example, our death benefits review found that even the fastest trustees processed less than half (48%) of their death benefit claims within three months. The slowest processed only 8% in that time," Longo said. "No matter how you look at it, that's a ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... be personally impacted, while the financial burden falls on others," Waterhouse argued. However, Treasurer Jim Chalmers claims there will be no exemptions. Regardless, Waterhouse is urging a comprehensive review to eliminate taxing unrealised gains and ...

HESTA turns the lights back on after service shutdown

ANDREW MCKEAN  |  WEDNESDAY, 4 JUN 2025
... Members logging in can now view updated balances and update their personal details. They can also manage insurance cover and claims and switch investment options. However, although online services have resumed, HESTA advised that processing times for ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
... to customers and instead flogging products solely from Hannover Life Re. From at least 1 July 2019 and to this day, ASIC claims Choosi only compared policies issued by Hannover Life Re despite promising it assesses a range of options. "In reality, the ...

AMP launches superannuation feature to boost retirement income

ANDREW MCKEAN  |  MONDAY, 2 JUN 2025
AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ...

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
... profit, partly driven by positive insurance service results, of which includes a bump in changes to liabilities for incurred claims of $475 million. Across different products, individual disability income insurance (IDII), at the superannuation and ordinary ...

Zurich snatches Suncorp claims specialist

MATTHEW WAI  |  FRIDAY, 30 MAY 2025
Zurich Financial Services Australia has appointed a new head of claims excellence for Australia and New Zealand from Suncorp. Currently serving as head of complex natural hazard home claims at Suncorp, Morris Garsin will join in August to drive Zurich's ...

CSLR levy underspend expected as claim processing slows

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... FY25 levy. The CSLR said that while the claim volume originally estimated in December 2023 is still expected to eventuate, claims have taken longer than anticipated to reach the CSLR and will now be received in FY26. The CSLR said more precise details ...

QSuper settles $67m class action

ANDREW MCKEAN  |  WEDNESDAY, 28 MAY 2025
... Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement for the class action, which was brought against ...