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Showing 61 - 70 of 376 results for "Comminsur"

MLC Life strengthens group insurance team

JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
MLC Life has added a head of new fund partnerships to its growing group insurance capabilities. Emily Wu has joined MLC Life's group insurance business effective this month, focused on new superannuation funds. Wu was most recently technical partnership ...

CommInsure charged over hawking

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
CommInsure has been charged with 87 counts of making unsolicited telephone calls to sell life insurance, and faces up to $1.8 million in penalties. ASIC is alleging the Commonwealth Bank subsidiary unlawfully sold life insurance policies over the phone ...

CommInsure sale stalls, sold for discount

KARREN VERGARA  |  FRIDAY, 23 AUG 2019
The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ...

MetLife appoints head of CX

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
MetLife has appointed Lina Saliba as the new head of customer experience, with a mandate to "advocate for customers and continue to build the company's credentials" as a leader in CX. Her appointment comes after Katynka Powning left the role in ...

SuperFriend boosts leadership

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUL 2019
The workplace wellbeing partner of the superannuation industry announced several newly created executive leadership roles as part of its expansion plans. Sandy MacLeod will become general manager of insurance solutions. He joins from CommInsure where ...

ASFA chief joins Irish software provider

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
The chief executive of the Association of Superannuation Funds of Australia has joined a Dublin-based provider of software to the life insurance sector. FINEOS announced Martin Fahy will join its board as non-executive director. Currently chief executive ...

Group risk inflows slow at CommInsure, AMP

KANIKA SOOD  |  MONDAY, 15 APR 2019
CommInsure and AMP recorded significant declines in group risk premium inflows for the year ending December 2018, latest Strategic Insight data shows. CommInsure recorded the largest decline of 41.5% - almost halving its market share from 10.2% to 5.8% ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
Commonwealth Bank's profits fell more than 6% to $4.6 billion in the first-half of FY19 and the bank kept its interim dividend at $2 per share. The $4.6 billion NPAT includes discontinued operations: CommInsure Life, CFSGAM and Sovereign. The cash ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne has recommended ASIC ultimately whittle down the commissions on life insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a life ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...