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Showing 61 - 70 of 100 results for "Claimants"

Lawyers slam life insurers in Royal Commission

KARREN VERGARA  |  FRIDAY, 6 APR 2018
... calling the claim assessment time limits 'aspirational.' It must be held to account to ensure sick and injured insurance claimants are getting fair and reasonable treatment." Meanwhile, the Insurance in Superannuation Voluntary Code of Practice is shaping ...

AustralianSuper slashes insurance premiums

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2018
... to return to the workplace in the past 12 months. Over the past 10 years it has paid more than $2.6 billion to 45,000 claimants. Australia's largest super fund manages more than $120 billion of members' retirement savings.

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
... of anti-money laundering and counterterrorism financing laws, which corresponded with a significant share price drop. Claimants allege the bank failed to keep shareholders up to date while making "misleading and deceptive" statements about its compliance. ...

Advisers underrated at claim time

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... a client's claim is a key competitive advantage to retail advised life insurance, and there is evidence to show that claimants can have a better experience when their adviser is involved. She said advisers will come away from the session with a Best ...

MetLife tracker enhances claims experience

KARREN VERGARA  |  MONDAY, 25 SEP 2017
... innovation, Jeremy Simmons, said the tracker was part of MetLife's focus on driving exceptional member experience. "Many claimants are going through difficult times, and what came through strongly when we tested the digital claims tracker was the value ...

CBA climate risk court case abandoned

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
... climate change risk management disclosures as it continued to ignore the "material business risk" it poses. In particular, claimants pointed to the bank's refusal to rule out participating in funding for the Adani Carmichael coal mine. The claim made ...

Hiking life premiums is short-term thinking: ANZ Wealth

KARREN VERGARA  |  THURSDAY, 21 SEP 2017
... said. The solution lies in creating more targeted and clearly differentiated products that focus on returning disabled claimants to health by leveraging new technologies for seamless, personalised underwriting and tailored communications, the paper noted. ...

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
... papers around the development of the Life Insurance Code of Practice for superannuation trustees, the Group states that claimants become entwined with a group of stakeholders with differing priorities and more needs to be done to ensure faster claims ...

Life insurance industry rebuts need for greater reform

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2017
... rationalisation of legacy products and reduce costs; and the allowance of insurers to provide rehabilitation support to claimants. Also appearing for public hearings were representatives from MLC, BT Financial Group, AIA Australia and ANZ. In its submission ...

Rejected TPD claims deemed fair

JAMIE WILLIAMSON  |  FRIDAY, 6 JAN 2017
... additional processes when reviewing TPD claims, including a third layer of internal review for all denials prior to claimants being notified. EY said the findings of the review were consistent with an earlier review undertaken by the consultancy firm ...