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| | | ... insurance arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September 1, the mandate sits with TAL. Australian Food Super offers life insurance ... |
| | | | Insurers will no longer be able to use genetic test results in life insurance underwriting, with a total ban to be introduced by the government. Earlier this year, the government consulted on the use of genetic test results in underwriting life insurance ... |
| | | | ... appointed a chief executive, individual business and a chief customer and strategy officer. Gerard Kerr joins the life insurer as chief executive, individual business, while Jane McGovern moves internally from chief risk officer to the role of chief ... |
| | | | ... choices and can demand services match your needs as you would from other financial services providers, such as your bank or insurer," she said. Another key takeaway was that "superannuation is competing with more immediate issues" in the minds of millennials. ... |
| | | | ... in technology and innovation to enhance our digital customer experience and deliver on our promise of being a trusted insurer. "We know through MetLife research that members who engage with their insurance are 2.5 times more likely to recommend their ... |
| | | | The Australian Prudential Regulation Authority (APRA) has published its latest corporate plan as well as some changes to its internal structure. The corporate plan outlines how the regulator will maintain the "strength and stability of Australia's banks ... |
| | | | ... The changes to the cost of insurance cover come after a biennial review by the fund, conducted in partnership with its insurer TAL, to ensure the pricing and coverage offered to members is competitive. NGS Super also reviewed and updated its investment ... |
| | | | In a first for ASIC, Libertas Financial Planning's AFS Licence (AFSL) has been revoked for its failure to pay compensation as ordered by the Compensation Scheme of Last Resort (CSLR). Libertas, which went into liquidation in September 2023, failed ... |
| | | | ... life insurance if affordability becomes an issue, the majority (92%) are satisfied with services received from their life insurer directly. Three in four Australians (75%) are also unaware of the mental health coverage option in life insurance, despite ... |
| | | | ... we've got, all but one of them are above the $150,000 cap. So, it's in the claimant's best interest for the insurer to pay the full amount versus us stepping in and making the claim up to $150,000," he said. While AFSLs ultimately have the ... |
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