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Showing 171 - 180 of 501 results for "Group Insurance"

FSC, super sector steps up for bushfire affected

HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
... the support available should call their fund directly. The FSC's Kirwan said those wishing to inquire about group insurance held through their superannuation should contact their fund, as life insurers don't hold the details of individuals covered ...

TAL loses group insurance mandate

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
After 13 years, a $22 billion corporate superannuation fund is set to cut ties with TAL. From 1 July 2020, MLC Life will take over as group insurer for TelstraSuper. The fund said the decision to change insurers follows a comprehensive review of its ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... an open letter to the board; criticising the wealth giant for significant delays in its "abhorrent" handling of group insurance claims. Citing APRA's Life Insurance Claims and Disputes data released in June this year, the people's advocate in the superannuation ...

Industry fund previews new insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 3 DEC 2019
A $57 billion industry superannuation fund has revealed details of its new group insurance offering, having transitioned to a new provider as of this month. As of December 1, the group insurance available to Rest members is provided by TAL after the ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... percentage of premiums, with 62.9% of premiums paid as benefits in the first half of the year. The analysis also noted group insurance reported a small loss of $50 million in the first six months of the year. KPMG's analysis does not yet take into ...

Industry fund appoints new group insurer, ups indirect fee

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 2019
... insurer. At the same time, the fund has increased its indirect administration fee. Intrust Super recently awarded its group insurance mandate to AIA Australia, ending its 15-year relationship with Hannover Life Re. The mandate change was effective September ...

ASIC eyes claims handling

ELIZABETH MCARTHUR  |  TUESDAY, 19 NOV 2019
... insurers to work together on the design of TPD products. We don't want to see junk insurance as part of the design in group insurance policies." She added that super funds should understand their members are unlikely to have ever navigated a TPD claims ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
... pooling" network; 'captive' meaning the capability of larger multinational clients to self-insure 100% of the global group insurance risk, and 'pooling' refers to the ability for them to spread the risk across multiple countries and share in any positive ...

TAL shuffles leadership amid restructure

HARRISON WORLEY  |  TUESDAY, 12 NOV 2019
... while Teichner has served as chief operating officer of TAL Direct. TAL also appointed former general manager group insurance Jenny Oliver to the newly created chief claims officer role, and said its commitment to customers, "particularly around claims" ...

Trustee firm, super fund in hot water

JAMIE WILLIAMSON  |  WEDNESDAY, 6 NOV 2019
... superannuation, insurance products and services were also made in the promotion of the fund, ASIC alleges. The group insurance available through mobiSuper is provided by TAL. According to ASIC, Mobi offered an obligation-free 'lost super' search ...