Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 981 - 990 of 2425 results for "Claims"

CommInsure, OnePath enhance digital experience

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
Applying for life insurance and making claims is now much easier for financial advisers and customers of CommInsure and OnePath. CommInsure is the latest to partner with underwriting rules engine UnderwriteMe. Through the partnership, the complexity ...

ASIC slaps fines on Spaceship and its trustee

KANIKA SOOD  |  TUESDAY, 10 APR 2018
The corporate regulator said Spaceship's upbeat description of its growth option made "misleading claims" to attract new superannuation members. Spaceship's GrowthX option claimed to "measure companies" while in reality 79% of the fund was tracking ...

Lawyers slam life insurers in Royal Commission

KARREN VERGARA  |  FRIDAY, 6 APR 2018
... Josh Mennen said. The law firm detailed a number of cases in its submission whereby super funds and insures breached their claims obligations and named the "main culprits" - the "worst" being AIA, CommInsure and TAL. "The industry set itself strict timelines ...

Super fund redesigns insurance offering

HARRISON WORLEY  |  WEDNESDAY, 4 APR 2018
... member cancellation of cover online or via phone Online needs assessment and application tools Simplified underwriting and claims processes resulting in reduced cycle times and greater operational efficiency. Tasplan aims to ensure its new life benefit ...

MetLife makes senior hire

JAMIE WILLIAMSON  |  TUESDAY, 3 APR 2018
... which continue to deliver a great customer experience and are complementary to MetLife's member-focused initiatives in claims management, early intervention, digital experience and health and wellbeing," MetLife said. Departing MLC in December 2017 ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... standard three or four-year period. They are unable to hide behind complex company structures or family trusts from backdated claims, he said. "You might think you understand your exposure to the ATO and that your company structure will protect you ...

US hedge fund slams Blue Sky

ALEX BURKE  |  THURSDAY, 29 MAR 2018
... exaggerations in the Australian manager's fee-earning assets under management. Glaucus Research Group argued while Blue Sky claims to have achieved a 15% internal rate of return net of fees since inception, driving its market capitalisation to about ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... accounts. In response, the Financial Services Council (FSC) said many of the PJC's recommendations - particularly around claims handling, medical definitions, customer communication timeframes and mental health - are either already included in the FSC ...

Industry fund signs super code, slashes premiums

JAMIE WILLIAMSON  |  TUESDAY, 27 MAR 2018
... supporters of the code as it provides a range of initiatives that are beneficial to all members, including enhancing our claims service, improving member engagement, education and awareness of insurance, and improving the member experience," Sunsuper ...

CommInsure launches digital claims for super funds

KANIKA SOOD  |  FRIDAY, 23 MAR 2018
CommInsure will now offer digital claims for its institutional partners, joining other insurers digitising their claims process. CommInsure says the digitization will be end-to-end, covering all aspects of the claim process. "We listened closely to ...