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Showing 51 - 60 of 100+ results for "Insured"

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
... she said. During TAL's testimony, general manager of claims Loraine van Eeden conceded the life insurer's response to an insured person who had a legitimate mental health claim was "deeply troubling." This involved a series of wrong decisions made by ...

BT overhauls life cover limits and definitions

JAMIE WILLIAMSON  |  WEDNESDAY, 29 AUG 2018
... increased to $2.5 million and the limit on living insurance has been raised to $1.5 million. BT has also increased sum insured limits for other occupations under its Professional Package, such as doctors and accountants. Further, BT is streamlining the ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... accounting methods, the centre argues that those methods are incorrect anyway. As APRA has first claim on amounts paid out to insured depositors of a failed bank, the risk to the budget or taxpayer of there being inadequate remaining assets for APRA ...

Powered by Lloyds and KPMG, insurtech offers cybersecurity insurance

KANIKA SOOD  |  MONDAY, 28 MAY 2018
... attackers' bank accounts, causing a real strain on the SME's cashflows. "The issue with these attcks is that SMEs are not insured for this and recovery of the stolen funds from the banks is largely not viable," Smith said. The insurance includes ...

Industry super fund adapts new life insurance model

DARREN SNYDER  |  FRIDAY, 1 DEC 2017
... claims, which is nearly 20 claims every working day. This gives us a deep insight into the experiences of our 1.4 million insured members enabling us to design an insurance offering based on their very particular needs," Howard said. "As a fund, we have ...

Vision Super names new life insurer

KARREN VERGARA  |  TUESDAY, 21 NOV 2017
... seamless online experience. Vision Super previously held a long-standing relationship with CommInsure for the fund's self-insured death and TPD insurances, as well as income protection. Vision Super chief executive Stephen Rowe said the super fund has ...

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... inconsistencies between insurers with their interpretation of the concepts of policy contracts, policy benefits and lives insured," the report said. Data clarity was also needed for income protection insurance or disability income insurance; reopened ...

Genetics will test life insurance sector

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2017
... bill of health from genetic tests to drop out of the life insurance pool. As such, insurers would be left with a pool of insured lives that are potentially deteriorating in health, forcing premiums higher again. The institute is calling on relevant parties ...

MLC Life enhances benefits, boosts savings

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... customer officer, retail advised insurance, Melissa Heyhoe said. Amendments to the criteria include lowering the minimum sum insured amounts under MLC Insurance (Super) when income protection insurance is bundled with life cover and TPD insurance; removing ...

New industry body to launch

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2017
... members of the association include Cover Genius, Swarm, Flamingo, Audeamus Risk, Friendsurance, Evari, Inside Mind and Insured By Us. Lead & co-founder of Insurtech Australia, Brenton Charnley wants to see Australia become a world leader in insurtech. ...