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Showing 171 - 180 of 369 results for "CommInsure"

Life insurers paid $6.9bn in claims in 2015

MARK SMITH  |  WEDNESDAY, 11 MAY 2016
... Australians every working day in 2015. The numbers are aggregated from AIA Australia, AMP, Asteron/Suncorp, BT, ClearView, CommInsure, Hannover, Macquarie, MetLife, MLC, OnePath, TAL and Zurich. They do not include the 14 other non-mainstream life insurers. ...

Narev defends CommInsure record, wrote to five customers

ALEX BURKE  |  THURSDAY, 28 APR 2016
... Advice inquiry, Narev said in the letter that "some of the criticism of the industry, and our life insurance business CommInsure, has been fair and some has not." He noted that in 2015, CommInsure paid over $850 million in claims to 22,000 people, arguing ...

CommInsure appoints independent review panel

ALEX BURKE  |  MONDAY, 18 APR 2016
CommInsure has appointed its independent claims review panel to address "complex claim assessment." The goal of the panel will be to address issues where CommInsure's claims committee recommends a "complex life insurance claim" be denied; in these instances ...

Life Insurance Risk Market inflows up 6.6%

KERRIE SYDEE  |  FRIDAY, 8 APR 2016
... growing at a faster rate than the individual risk business. NAB/MLC has also continued to slide in market share, with Comminsure also showing a slowing market share. Of the leading companies, TAL and AIA continued to grow market share.

CommInsure appoints life product and strategy head

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
CommInsure has appointed former senior executive, Frank Crapis, as head of life product and strategy. Crapis will replace Sally Phillips who was appointed to the role just four months earlier. CommInsure confirmed that the changes have been in motion ...

CFS upgrades FirstChoice and FirstWrap

MARK SMITH  |  THURSDAY, 17 MAR 2016
... steps for advisers in the account-opening process to save them time. The enhancements follow the major addition of CommInsure and Challenger annuities via the FirstChoice and FirstWrap platforms last year, which Investment Trends recognised as the Best ...

CommInsure enhances claims process

ALEX BURKE  |  FRIDAY, 11 MAR 2016
In response to recent media coverage, CommInsure chair Geoff Austin has apologised to affected customers and said "the concerns raised in the recent cases reported are not a reflection of the values of our people or our business." Austin added, "We ...

CommInsure portfolio exec leaves for MetLife

ALEX BURKE  |  THURSDAY, 10 MAR 2016
MetLife has hired a new executive manager group insurance from CommInsure. Annette Torrington worked for CommInsure since 2007, joining as product manager, wholesale life insurance. After that she was a senior product manager, industry fund segment ...

Up to 2.4m super members affected by CommInsure scandal

MARK SMITH  |  THURSDAY, 10 MAR 2016
Up to 2.4 million superannuation members could be impacted by the allegations which have rocked insurance company CommInsure, according to Rainmaker Information estimates. A joint investigation by Fairfax the ABC's 4 Corners alleged the company pressured ...

Senate to investigate life industry

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... industry. In a statement the office of Senator Williams said the new terms of reference follow revelations surrounding CommInsure's treatment of some of its clients. "The Commonwealth Bank has admitted it needs to review the criteria it uses in determining ...