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Showing 501 - 510 of 2469 results for "Claims"

Link names head of insurance

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
... funds and drive digitisation efforts. Melbourne-based Angelico returns to Link after three years with TAL as its head of claims for AustralianSuper and Cbus. Prior to this role, he was Link's AustralianSuper insurance manager for over eight years. ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... Actuaries Virtual Summit earlier this year during which a panellist stressed that two core capabilities in insurance - claims management and underwriting - are lacking on the boards of major life insurers, likely leading to poor claims experience. "Irrespective ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... reporting that EISS held "lavish" parties for staff and "wasted member money" on sponsoring sporting events and charities - claims made by ex-EISS staff. Tighe said in response that the YFYS reforms had introduced some new restrictions on sponsorship ...

ASIC chases $12m from Mayfair

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
The regulator claims Mayfair 101 entities should have to pay approximately $12 million in fines for misleading and deceptive conduct, but Mayfair founder James Mawhinney maintains there was no wrongdoing. ASIC is seeking $12 million in penalties from ...

AFA names Great Advice Awards winners

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... Wales winner was Terry Johnson from Keyman Financial Services based in Parramatta. "Not only has he administered pro bono claims, but he always shows the utmost care to his clients when they need it the most," Nowak said. Gayle McKew from Prosperity ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... said Link Fund Solutions has yet to be served but is prepared to defend the company against any proceedings. Leigh Day claims that Link was in breach of Financial Conduct Authority rules in the way it managed and monitored the fund, which ultimately ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... or four years ago and now I'm seeing these sort of price rises'. It is a poor outcome." Clark referred to increased claims experience and lower interest rates as the biggest influences on higher premiums. "I think the intervention that APRA has made ...

BlackRock warns against reforms based on assumptions

JAMIE WILLIAMSON  |  TUESDAY, 21 SEP 2021
... possible reforms based on ideas still under debate would be premature. Citing a 2015 study of the US airline industry and claims that common ownership led to increased ticket prices between 2001 and 2014, BlackRock said the theory of common ownership ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... recommendations from the FSC includes having provisions in the CSLR to prevent phoenixing and retaining the $150,000 cap on claims proposed by the government. "The CSLR should also be amended to prevent phoenixing, where an operator abandons a company ...

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... which the amount of unitised death and TPD cover will reduce from age 31 to age 35. Statewide is changing its test for TPD claims too - from activities of daily living to the more progressive activities of daily work.