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Showing 931 - 940 of 2425 results for "Claims"

Life insurers cautious about My Health Record

HARRISON WORLEY  |  MONDAY, 30 JUL 2018
... processing, leading to faster outcomes for customers. TAL agreed access to My Health Record could enhance underwriting and claims processes, but stressed the decision to share data from My Health Record would lie with the customer. "At a high level ...

FSC aggregates insurance industry data

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... first time, armed with a large scale base of reliable statistics, the industry will be able to show how much it pays in claims per impairment, broken down by dollar value and by the number of Australians that receive the benefit," Loane said. The data ...

Centrepoint Alliance bolsters distribution team

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... and his experience on board," Cargakis said. The appointment follows Centrepoint flagging an increase in advice litigated claims was on the horizon for subsidiary Professional Investment Services (PIS), with the amount set to be $2 million more than ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims he is having trouble finding out what is being done to protect his retirement savings. The basis of McVeigh's argument is the ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... is based off of TAL's own experience in the 2016/17 financial year, paying out about $650 million in life and disability claims to members with account balances lower than $6000. "There should also be no minimum superannuation account balance requirement ...

MetLife names chief operating officer

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
... transformation as well as his leadership skills will be a major contribution to MetLife's efforts to reimagine the future of claims and underwriting. Deanne Stewart announced in May she will leave MetLife after four years at the helm. She will succeed ...

Chief economist update: The Goldilocks rate of interest

BENJAMIN ONG  |  WEDNESDAY, 18 JUL 2018
... again, the Taylor Rule is not completely fool-proof and has come critics. As per Wikipedia: "Athanasios Orphanides (2003) claims that the Taylor rule can misguide policy makers since they face real-time data. He shows that the Taylor rule matches the ...

AMP claims director exits

KARREN VERGARA  |  MONDAY, 16 JUL 2018
The director of claims at AMP has resigned after a little over 12 months in the role. AMP confirmed Jen Mitchell has left the organisation, with Margot Wilson taking her place on an interim basis. Melbourne-based Mitchell joined AMP as head of claims ...

TAL expands Risk Academy offering

DARREN SNYDER  |  WEDNESDAY, 11 JUL 2018
... as well as the medical terminology relevant to both underwriting and when assessing product definition requirements at claims time. TAL general manager for health services Dr Sally Phillips said: "Diabetes currently represents one of the most challenging ...

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... believed a DII product should include considerable product simplification, tighter definitions to more closely specify claims eligibility and benefits that promote return to work, and appropriate pricing. DII portfolios stemming from older reinsurance ...