Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 499 results for "group insurance"

Feature: Group insurance | Cold comfort

MATTHEW WAI  |  WEDNESDAY, 22 OCT 2025
... aren't adequate for the often-complex nature of these claims. At TAL alone, in the three years to 2024, total group insurance claims for total permanent disability (TPD) related to mental health grew by 60%, while other causes of claim grew by about ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... cover from another fund and applying to increase cover due to a life event. This will also result in streamlined group insurance policies and clearer disclosures." The changes will make it easier for members to know that they are in the right product ...

Prime Super recruits product veteran

ELIZABETH FRY  |  THURSDAY, 2 OCT 2025
... asset owner as head of product bringing more than 20 years' experience across superannuation, retirement and group insurance. Throughout her career, she held senior leadership roles at Active Super, AMP, Aon Hewitt and Finance Connect Financial Planning. ...

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
... "Risk-only products allow us to offer tailored insurance solutions that are not typically available through a group insurance arrangement," Brighter Super said. "While these members do not bring funds under management (FUM), their inclusion contributes ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... alleges that CFSIL did not act in the best interests of members and breached its trustee duties when taking out group insurance policies obtained from CMLA. The key allegation is that CFSIL entered and maintained insurance policies with CMLA on terms ...

ART inks mandate with Zurich

KARREN VERGARA  |  MONDAY, 14 JUL 2025
... its Super Savings members. ART confirmed it has entered final contract negotiations with Zurich to take over the group insurance mandate for Super Savings account holders. AIA Australia previously held the mandate. "At Australian Retirement Trust, we ...

Hostplus extends MetLife partnership

MATTHEW WAI  |  MONDAY, 14 JUL 2025
Hostplus has extended its group insurance partnership with MetLife Australia until June 2028. Since the inception of the partnership in 2013, Hostplus said its members have enjoyed lower premiums, improved insurance terms, and a more personalised claims ...

Acenda hires from Hostplus

ELIZABETH FRY  |  THURSDAY, 3 JUL 2025
... Sammartino to the new role of general manager of superannuation partnerships, a key role in its drive for growth in group insurance. Sammartino, who began this week, brings nearly 30 years of experience in financial services, including superannuation ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ...

TAL scores new super fund mandate

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025
TAL has won another group insurance mandate, replacing Zurich Australia. The insurance cover for Virgin Money Super members will now be provided by TAL. The fund, which is part of the Mercer Super Trust, said it regularly reviews its insurance arrangements ...