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Risk inflows stagnant, satisfaction varies
ANNABELLE DICKSON  |  WEDNESDAY, 31 MAR 2021
... of 87.3%, averaged over the 12 months to February 2021 followed by Medibank (81.9%), Zurich (77.6%), Westpac (74.5%), MLC Life (74.4%) and AIA (71.3%). On the lower end of the spectrum was TAL Group at 67.2% and AMP at 54.4%. "A customer satisfaction ...
Integrity names distribution GM
KARREN VERGARA  |  THURSDAY, 25 MAR 2021
Integrity Life has appointed a general manager of distribution and marketing who joins from MLC Life. Russell Hannah will take up the newly created role at the Sydney-based firm in early June, which brings together the distribution and marketing functions. ...
Life Company of the Year named
ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... award, going to the same insurer four years in a row. TAL took out the top spot again with runners up AIA Australia, MLC Life Insurance and NEOS Life. "We congratulate TAL on being awarded the title '2020 Life Company of the Year' and also pay tribute ...
MLC Life appoints retail general manager
KANIKA SOOD  |  MONDAY, 8 MAR 2021
MLC Life Insurance has appointed a general manager for retail distribution partnerships, as the incumbent leaves. Michael Downey is moving into the role that reports directly to MLC Life Insurance chief executive Michael Rogers effective March 22. The ...
NEOS shakes up leadership team
KARREN VERGARA  |  MONDAY, 1 MAR 2021
... its actuary, claims and implementation departments. Kirshan Reddy joined as chief actuary in February after working at MLC Life Insurance as the head of profitability and performance reporting for over a year. He spent most of his career at South Africa's ...
Risk inflows stay flat
ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... Group Risk business," Plan For Life said. Other insurers with relatively flat inflows were Zurich Australia up 1.8% and MLC Life who recorded a loss of 2.3%. Despite this, annual sales in the risk market increased by 28.9% over this period. TAL recorded ...
MLC Life appoints transformation lead
JAMIE WILLIAMSON  |  THURSDAY, 28 JAN 2021
MLC Life Insurance has welcomed a new chief innovation and transformation officer who has previously held roles with AIA Australia and NAB. Rick Wingfield has taken on the role, replacing acting chief innovation and transformation officer Tahir Tanveer. ...
MLC Life appoints executive
KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
MLC Life has appointed a new chief life insurance officer, as Sean McCormack gets ready for a February 26 departure. The role is going to Michael Rogers, who has worked as QSuper's general manager for insurance while it set up its own insurer QInsure. ...
MLC Life Insurance raises $650 million
KANIKA SOOD  |  WEDNESDAY, 6 JAN 2021
... insurer received a $650 million capital injection just before Christmas, as its majority owner Nippon Life sees the risk of MLC Life's "stagnant" business performance continuing beyond 2021. The raise includes $530 million in ordinary equity, priced ...
Insurer names new chief executive
JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
A longstanding MLC Life executive has been appointed to lead Integrity Life, following the retirement of Chris Powell in March . Integrity Life has named Sean McCormack as its new chief executive, just months after he was promoted to the role of chief ...
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