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Showing 3161 - 3170 of 7047 results for "Insurance"

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
... strengthening of the legal framework covering claims handling and that more significant penalties for misconduct in relation to insurance claims handling be included in the review of ASIC's enforcement regime," the regulator said. Finally, in regards ...

Life insurance ripe for disruption

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
Unprecedented challenges in the life insurance industry are exacerbating profitably and forcing some players out of the market, the latest PwC report shows. Customer demographics, ongoing trust issues, heightened regulation, foreign entrants, technology ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
... public consultation. Adding to the existing draft legislation, the government has proposed that superannuation funds and insurance companies receive a tax exemption on income from assets supporting the new products on the condition they are currently ...

Perennial portfolio manager leaves industry

ALEX BURKE  |  MONDAY, 20 MAR 2017
... sectors. Before that, he was head of AMP's Value Plus team, and has also held roles at GIO Asset Management and QBE Insurance. Oesterheld departed late last year. Since then, the group announced its partnership with Mark Mitchell to launch specialist ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... obligations contained in the Corporations Act. WRM is licensed to advise retail clients about, and deal in, life risk insurance and superannuation products. WRM authorises advisers, generally employed by WRM's corporate authorised representative Yes ...

Public service veteran retires from AMP

ALEX BURKE  |  MONDAY, 20 MAR 2017
... shareholders, which Brenner described as unsatisfactory and said "a significant factor... was the underperformance of our insurance business, driven by extremely challenging operating conditions in the insurance sector."

Global insurance tech eyes Australian expansion

ALEX BURKE  |  FRIDAY, 17 MAR 2017
A global provider of life insurance claims software entered into a strategic partnership with an Australian wealth management consultancy. FINEOS, which services clients including AMP, CommInsure, Macquarie, ANZ, TAL and Westpac, has joined up with ...

Midwinter adds fintech partner

KARREN VERGARA  |  FRIDAY, 17 MAR 2017
Midwinter added a new life insurance software solutions provider to its advice operating system AdviceOS. Omnium's life risk research tool OmniLife has been integrated into AdviceOS to enable real-time flow of insurance premium product data to the AdviceOS ...

AIA launches digital life insurance advice tool

EMMA RAPAPORT  |  FRIDAY, 17 MAR 2017
... will be integrated into AIA's LIFEapp, will provide members with education and assistance with decision making on life insurance. The tool is promised to be member-focused, providing users with insurance services in one spot. "Life insurance is vitally ...

Suncorp inches closer to NZ insurer takeover

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... increased its stake in a leading New Zealand insurer to 19.9% following a takeover bid in February. Suncorp's bid for Tower Insurance occurred shortly after the latter entered into a scheme implementation agreement with Fairfax Financial Holdings. Fairfax ...