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Showing 11 - 20 of 2139 results for "Life Insurance"

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... disability impacting their ability to work, and women are particularly at risk, according to new research by MLC Life Insurance. The research, conducted by Freshwater Strategy for MLC Life, comprised 1025 Australians via an online interview. It found ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... additional 11,000 individuals would have received TPD benefits amounting to around $1.5 billion annually. "Group life insurance plays a critical role in the superannuation system, providing affordable and cost-effective cover that delivers real benefits ...

MLC Life Insurance hires from Cbus

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer. Robinson, who brings 20 years' experience to the role, most recently served as chief information and technology officer at Cbus. Prior to Cbus ...

New life insurance regulations rolled out

ANDREW MCKEAN  |  WEDNESDAY, 21 FEB 2024
Assistant treasurer and minister for financial services Stephen Jones has issued life insurance regulations that aim to modernise the legislative framework. The Life Insurance Regulations 2024 establishes a threshold for annuities, dictating that the ...

AIA adds to C-suite lineup

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... is the second largest player in the group insurance sector in Australia. It has a 29.5% market share, providing life insurance to 2.35 million policyholders and collecting annual premiums of $606.6 million. The total sum insured under AIA's policies ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... Sentient Group to establish Moss Ridge family office. In joining, Cassidy replaces chair Rodney Payne as chair of the life insurance start-up. The appointment comes as iExtend is in the throes of applying for an AFSL; in November it entered an enforceable ...

Challenger overhauls IT, awards mandate

KARREN VERGARA  |  TUESDAY, 13 FEB 2024
... transformation involves replacing Challenger Life's core annuity registry with global insurance system ALIP (Accenture Life Insurance and Annuity Platform) and providing new customer portals. The partnership is due to commence in FY25. Challenger ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... products. Last November, the firm accepted a court enforceable undertaking from ASIC after the regulator found that the life insurance start-up was operating without a licence. iExtend partners with policyholders by paying the premiums of the co-owned ...

MetLife Australia hires chief operating officer

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2024
... welcome. "I'm looking forward to working with our team and our partners to help change the way Australians experience life insurance solutions," she said. In joining, Lacheur replaces David Campbell, who held the role since September 2018. He departed ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... simple and seamless digital end-to-end experiences that make it easier and faster for members to engage with their life insurance or make a claim, to providing comprehensive health, rehabilitation and wellbeing services." AMP announced in 2018 it would ...