Search ResultsShowing 1 - 10 of 100+ results for "CommInsure"
ASIC bans direct life cold calling
HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... past enforcement action against insurers engaging in poor sales conduct, noting its successful court case against CommInsure which last week drew a $700,000 penalty after the firm plead guilty to 87 counts of unlawful life insurance hawking. In February ...
CommInsure cops $700k hawking fine
HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
CommInsure has been fined $700,000 after pleading guilty to hawking offences. The Colonial Mutual Life Assurance Society - a Commonwealth Bank subsidiary trading as CommInsure - has been convicted of 87 counts of offering to sell insurance products ...
CommInsure enters guilty plea
ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
CommInsure has pleaded guilty to 87 hawking offences. ASIC announced that Colonial Mutual Life Assurance Society, trading as CommInsure, has entered a guilty plea for 87 counts of offering to sell insurance products in the course of unlawful, unsolicited ...
Macquarie executive joins industry fund
JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... CBA across consumer wealth and Essential Super. Other previous roles include head of marketing and customer value at CommInsure and head of brand, customer insights at MLC. In a statement to Financial Standard , Club Plus Super chief executive Stefan ...
CBA finalises CommInsure sale
ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... CBA said it has received an upfront payment of $500 million from AIA and the full economic interests associated with CommInsure Life have been transferred to AIA. The deal excludes the banks 37.5% equity interest in BoCommLife Insurance Company. CBA ...
CommInsure eyes deferred lifetime annuities
KANIKA SOOD  |  FRIDAY, 18 OCT 2019
CommInsure is looking to expand its annuity offering as it sees opportunity in the fast-approaching deadline for superannuation funds to develop comprehensive retirement income products (CIPRs). The life insurer, which is in the process of changing ...
MLC Life strengthens group insurance team
JAMIE WILLIAMSON  |  MONDAY, 14 OCT 2019
... funds. Wu was most recently technical partnership manager at AIA Australia. She has also held senior product roles with CommInsure and previously worked in dispute resolution for advice and investments at Commonwealth Bank. Confirming the appointment ...
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
... agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing an "extended period of uncertainty" as a result of pending foreign regulatory approvals. It unveiled ...
MetLife appoints head of CX
KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... having previously consulted to players in financial services such as Macquarie and Allianz. She has also worked for CommInsure, NBN and Telstra, and is leaving consulting services firm AchieveAble for this role. Commenting on the appointment, Stafford ...
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