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Showing 471 - 480 of 705 results for "Life insurer"

ClearView slams APL standard

KARREN VERGARA  |  TUESDAY, 18 APR 2017
Listed financial advice firm ClearView criticised the Financial Services Council's life insurance approved product list draft standard as superficial and ineffectual, saying it will only allow sub-par practices to continue. ClearView managing director ...

FSC launches draft APL standard for risk advice

ALEX BURKE  |  THURSDAY, 13 APR 2017
The FSC is debuting its draft life insurer approved product list standard, the final version of which will become mandatory for all members. The goal of the FSC's APL standard is to increase competition among life insurers and reduce potential conflicts ...

Not our job to protect big insurers: APRA

ALEX BURKE  |  FRIDAY, 31 MAR 2017
The rise of peer-to-peer insurance and smaller insurance tech companies should be taken as a warning to established players - and APRA isn't going to protect outdated business models from failing. APRA member and former Suncorp Life chief executive ...

Insurers lagging on mental health

ALEX BURKE  |  FRIDAY, 31 MAR 2017
The life insurance industry still has a long way to go in improving its understanding and tolerance of mental health issues, according to Mental Health Australia director, policy and projects Josh Fear. Speaking at the 2017 Financial Services Council ...

Life insurance ripe for disruption

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
... retaining customers' trust will be critical to their success as a majority (58%) of Australians PwC surveyed said their life insurer will not be there for them in their time of need. The 8% growth the retail segment experienced in the last five years ...

AIA launches digital life insurance advice tool

EMMA RAPAPORT  |  FRIDAY, 17 MAR 2017
Life insurer AIA is partnering with digital financial advice provider SuperEd to develop an online tool for superannuation fund members. The online tool, which will be integrated into AIA's LIFEapp, will provide members with education and assistance ...

Proactive group releases life insurance guidance

EMMA RAPAPORT  |  MONDAY, 13 MAR 2017
Superannuation funds and group life insurers now have a best practice guide to improve the quality and availability of insurance data for use across the industry. A collection of life insurance and superannuation bodies have released the best practice ...

BT Financial Group wins Life Company of the Year

ALEX BURKE  |  FRIDAY, 10 MAR 2017
... Strategic Insight, actuaries and researchers, resulting from three separate investigations during the year. "Each life insurer is individually assessed on a range of criteria and then measured against other insurers. In 2016, it was BT that once again ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
Some of the financial services industry's biggest players fronted the Parliamentary Joint Committee inquiry into life insurance on Friday. Financial Services Council chief executive Sally Loane faced the panel first, telling the Committee that any further ...

Super funds trawling eBay for legacy parts

ALEX BURKE  |  THURSDAY, 2 MAR 2017
... need to find a spare part on eBay to keep its legacy systems running. Citing other legacy issues, Loane said one life insurer is storing customer records on a microfiche and another needing to employ a coder fluent in FORTRAN - a programming language ...