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Showing 21 - 30 of 54 results for "direct insurance"

Virgin Money cops fine for misleading direct insurance ads

MARK SMITH  |  WEDNESDAY, 30 APR 2014
Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ...

AFA focuses FSI submission on FoFA "misinformation campaign"

LAURA MILLAN  |  MONDAY, 7 APR 2014
... commencement of TASA awaits this outcome." The submission addressed other issues such as the implications of direct insurance on consumers, the differences between scaled and general advice and the government's role on improving consumer literacy. Read ...

FEATURE: Facing the perfect storm

LAURA MILLAN  |  FRIDAY, 28 MAR 2014
... been jobs lost and so have income protection and disability claims, often by legal means. New products such as direct insurance and aggressive marketing campaigns on television and on the internet have only increased the frequency in which consumers ...

Direct insurance taints consumer views on life insurance

LAURA MILLAN  |  TUESDAY, 4 FEB 2014
... Synchron director John Prossor. Prossor said that instead of turning to advice insurance after a bad experience with direct insurance, "most people end up thinking that it is not worth having life insurance because they have had a bitter experience." ...

Fears to FoFA amendments "overplayed": AFA

LAURA MILLAN  |  WEDNESDAY, 22 JAN 2014
... focusing on the balance between direct and advised insurance. "We will ask for a correct regulatory balance between direct insurance and insurance through financial advice," Fox revealed. "There have been some developments in the direct insurance space ...

MetLife appoints new head of distribution

MARK SMITH  |  TUESDAY, 29 OCT 2013
... important position, and will be pivotal in continuing the growth and success of MetLife in Australia's Group and Direct insurance business." MetLife chief executive officer in Australia Marc Lieberman said.

TAL increases focus on direct insurance with buyout

LAURA MILLAN  |  TUESDAY, 22 OCT 2013
TAL has made further steps towards the direct insurance market after acquiring the remaining 90% shares that it didn't already own of online life insurance comparator Lifebroker business. Lifebroker provides consumers choice and comparison of life insurance ...

TPD insurance prices up 10%

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
... report found that wholesale insurance cover is on average cheaper than the equivalent cover in the retail and direct insurance market. The average pricing for a death only cover of $200,000 for 40 year old men in the wholesale market is an annual premium ...

Direct insurance sales grow on consumer confidence

MARK SMITH  |  WEDNESDAY, 12 JUN 2013
... advice sales channel, according to Rice Warner. Rice Warner's latest Direct Life Insurance Market Report showed direct insurance sales increased by 10.6% and in-force premiums by 13%. At 31 December 2012, direct life insurance constituted 12% of the ...

Direct insurance not a competitor of retail: Zurich

LAURA MILLAN  |  TUESDAY, 28 MAY 2013
Direct insurance is offering a different product than advised insurance and is not competing directly for its market share, according to Zurich Life head of Marketing Richard Dunkerley. "The statement that direct insurance is cheaper than retail insurance ...