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Showing 961 - 970 of 2425 results for "Claims"

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
... experience higher claim submission rates. The second round of pilot phase data also found more than 90% of life insurance claims that go to decision are paid in the first instance, which according to regulators is a finding consistent with previous data ...

Industry fund increases life insurance engagement

JAMIE WILLIAMSON  |  THURSDAY, 24 MAY 2018
... the administration function together. Members can access greater understanding of their life insurance as well as submit claims through the platform, seeing transparency the whole way along," Smith explains. "It's effectively lifting the lid on what ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... around 17.5 years - and followed six straight months of low 4.1% readings. The lead from the steadily dropping US jobless claims - down to 222,000 in the week ended 12 May from 248,000 at the start of 2018 - indicates that the unemployment rate would ...

TAL bolsters mental health capabilities

HARRISON WORLEY  |  WEDNESDAY, 23 MAY 2018
... delivered to TAL's frontline claim managers and people leaders - are designed to improve customer and employee mental health. Claims managers will receive training around how best to understand the goals of somebody making a claim by utilising strength-based ...

Life insurers should fund medical rehabilitation: MLC

KANIKA SOOD  |  MONDAY, 21 MAY 2018
... workplace assessments, vocational assessments and initial needs assessments). However, they are prevented from paying out claims for medical services. The government is currently weighing options for greater involvement by private sector life insurers ...

MLC Life enhances mental health offering

HARRISON WORLEY  |  WEDNESDAY, 16 MAY 2018
... The customer will then work with their mental health nurse to roll out the treatment plan. MLC Life said mental health claims accounted for about 9% of its new retail claim notifications, and over 20% of ongoing claims management. Additionally, the insurer ...

Tech is all upside for insurance: HSBC

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... impact an insurer's business model including fraud detection, providing accurate health assessments and driving advice in claims processing - especially with data garnered through wearable technologies and telematics in vehicles. However, HSBC states ...

Mental health to transform life insurance: ANZ Wealth

KARREN VERGARA  |  FRIDAY, 11 MAY 2018
... Australians. Mental health and wellness issues are transforming the insurance sector, with more than 23% of income protection claims now involving a mental health condition, she said. "Our sector must evolve so it can meet the changing expectations of ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... because of a non-recurring lenders mortgage reinsurance profit share being included in the 1H17 results, strengthening of claims provisioning in 1H18 and lower new business volumes in ANZ Financial Planning. The bank is also offering a no-cost advice ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
... identified an ICO fraud that had raised $32 million from investors. Centra Tech Inc. allegedly deceived investors by making claims about nonexistent business relationships with major credit card companies, fictional executive bios, and misrepresentations ...