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Showing 31 - 40 of 50 results for "Life Insurance Claims"

Advisers underrated at claim time

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... own businesses. "This session aims to give risk advisers guidance around the role of the adviser in the life insurance claims process and practical tips on how advisers and insurers can best work together to make a difference for clients," Hill said. ...

Risk advice firm partners to launch claims service

ALEX BURKE  |  MONDAY, 9 OCT 2017
A specialist risk advice group has partnered with a third party life insurance claims administrator to launch a claims handling service for policyholders. Australian Financial Risk Management (AFRM) and Gallagher Bassett (GB) unveiled AFRM Claims Advocacy ...

The risk of under-insurance is real: ASFA

EMMA RAPAPORT  |  FRIDAY, 15 SEP 2017
... worth more than $1.7 billion were made from superannuation funds to members. There were more than 18,500 life insurance claims and nearly 37,000 income protection claims paid. Total benefits paid amounted to about $5 billion. Clare also said insurance ...

MLC launches claims processing platform

KARREN VERGARA  |  TUESDAY, 30 MAY 2017
... global claim management software provider ClaimVantage in an attempt to make claims quicker and simpler. MLC Life Insurance Claims acting general manager Natalie Eckersall said retail income protection and total and permanent disability claims are now ...

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... claims processes, clarity of timeframes and expectations. ISWG chair Jim Minto acknowledged the majority of life insurance claims are handled well, but said there is scope for improvement to help members when claiming. "We want claiming life insurance ...

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 ...

CommInsure update champions progress

KERRIE SYDEE  |  WEDNESDAY, 9 NOV 2016
... CommInsure is assuring good progress has been made on the independent reviews of declined retail advice and group life insurance claims. Citing concerns raised by media coverage in early 2016, the Commonwealth Bank highlighted that CommInsure has taken ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
... highlighted in ASIC's industry review came from his company. Last week, ASIC came out with its review of life insurance claims, finding "considerable variation" in denied claims across life insurers. The regulator did not identify the companies responsible ...

ASIC finds life claim rates wildly inconsistent

ALEX BURKE  |  WEDNESDAY, 12 OCT 2016
... insurers, with TPD denial rates as high as 37% in one instance. The regulator has issued its industry review of life insurance claims, and found that while the majority (90%) of claims are paid in the first instance - $8.2 billion was paid out by the ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
... Complaints Tribunal in relation to CommInsure matters. The update of sorts comes as ASIC releases its new report, Life insurance claims: An industry review. The report identifies a number of areas as potential opportunities for law reform in relation ...