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| | | ... financial institutions. Integrity Life managing director and chief executive Chris Powell at the time said: "The top 10 life insurers hold 96% market share - we are about to see their number reduced to a top seven or six. This means there is a place ... |
| | | | ... 2015 and 2018, according to Rainmaker data, with CommInsure suffering the greatest loss of market share. Non-bank group insurers on the other hand represented more than 85% of all NFP members. Within the retail superannuation segment, as larger wealth ... |
| | | | ... to provide our customers with access to wealth products from one of the world's leading and most respected global insurers," ANZ deputy chief executive Alexis George said at the time. "Zurich's experience in working with banks around the world ... |
| | | | ... reporting regime is already bringing improved transparency to this area, and our continuing work is benefiting consumers, insurers, and regulators." The Financial Services Council (FSC) welcomed the in-principle support of the regulators improving life ... |
| | | | ... FSC which represents 100 members across retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks and licensed trustee companies. "It is essential ASIC and Treasury are involved in the whole process ... |
| | | | There is division over whether or not private life insurers should be able to fund medical treatments for rehabilitating customers - the subject of a current Parliamentary Joint Committee - with giants like MLC Insurance and AustralianSuper batting ... |
| | | | ... enabled-solutions. HSBC said it could envisage significant benefits from capitalising on the big data advantages held by insurers, as well as using real-time data such as vehicle telematics to assist with pricing insurance products. Additionally, the ... |
| | | | ... their needs. There is now an enhanced focus on wellness across the developed world, which is a valuable opportunity for insurers to create deeper and more lasting relationships with customers," she said. "By focusing on mental and physical wellness ... |
| | | | ... Australians and at the same time, reduce costs for the insurance sector, which can reduce fees, they said. The talk of life insurers becoming more involved in early intervention has been taking place for 10 years - 39% of those polled felt that early ... |
| | | | ... detrimental effect not only on Australia's underinsurance problem, but also on the customer experience and the perception of insurers," Tilocca said. To advisers, the breakthrough in predictive underwriting complements the launch of the Pre-Assessment ... |
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