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Showing 61 - 70 of 100+ results for "Insured"

Advisers underrated at claim time

DARREN SNYDER  |  WEDNESDAY, 11 OCT 2017
... claims process meets the insurance promise," Sayer said. "Making a claim often results in considerable anxiety for an insured in the event of disability and for their family in event of death. "Advisers can add a meaningful and significant dimension ...

CommInsure executive joins AMP

ALEX BURKE  |  WEDNESDAY, 27 SEP 2017
... business will be "much less volatile" following the implementation of the new reinsurance program as "we've effectively insured ourselves against a large portion of potential claims."

The rise and impact of insurtech

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2017
... to be more profound in emerging Asia, representing a very tech-savvy, mostly young growth region though heavily under-insured. "With insurance processes increasingly gravitating to mobile platforms, and insurers' ability to lower premiums thanks to improved ...

Group insurance premium arrangements unclear: ISWG

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... members' interests." "Under this proposal any excess that arises can only be used by a trustee to offset future premiums for insured members," he said. The ISWG's discussion paper is the fifth in a series released by the group aiming to make improvements ...

Small licensees are PI insurance compliant: ASIC

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
... this is by having PI insurance cover. PI insurance is not designed to protect consumers directly, rather to protect the insured or the licensee against the risk of financial losses arising from poor quality services such as poor advice or the execution ...

ANZ revamps life insurance offering

KARREN VERGARA  |  FRIDAY, 25 AUG 2017
... policies or might be new. Severity Trauma's three-tiered payment structure provides a customer with 10% of the amount insured on diagnosis, 50% of the amount insured if their condition causes some impairment, and 100% of the amount insured if they suffer ...

Complex operations leaving life customers confused

KARREN VERGARA  |  FRIDAY, 18 AUG 2017
... improving and modernising the life insurance industry, and leaving customers very confused as to exactly what they are insured for, a public hearing found. TAL group chief executive and managing director Brett Clark told the Senate Parliamentary Joint ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
... claim the insurance. CBA is also refunding approximately $586,000 in premiums to about 10,000 customers after it over-insured these customers for Home Loan Protection CCI taken out with a Commonwealth Bank home loan, resulting in the over-charging of ...

AMP prioritises reinsurance, grows advice arm

KARREN VERGARA  |  THURSDAY, 10 AUG 2017
... business will be "much less volatile" following the implementation of the new reinsurance program as "we've effectively insured ourselves against a large portion of potential claims." The wealth protection business delivered operating earnings of $52 ...

AIA announces pricing changes

KARREN VERGARA  |  MONDAY, 7 AUG 2017
... the changes. Existing policyholders will not be impacted, the life insurer said. Under its newly introduced large sum insured discount band, new members with higher amounts of life cover and term cover (between $750,000 and $1 million) will be eligible ...