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Showing 1 - 10 of 54 results for "direct insurance"

NEOS Life appoints sales, culture leads

JAMIE WILLIAMSON  |  WEDNESDAY, 10 AUG 2022
... from digital insurer, iptiQ. He brings more than 20 years' experience to the role across retail, group and direct insurance. He's previously held senior business development roles with Royal Bank of Canada and MLC Life, as well as serving as ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... provide poor coverage and are more expensive versus the broader coverage and cheaper products available in the direct insurance space". "These exemptions are just more of the same old loopholes handed out to the same old insurers leading to the same ...

Super fund hires strategy lead from MLC Life

KANIKA SOOD  |  MONDAY, 22 JUL 2019
... said. In his most recent role, Thomas was MLC Life's chief customer officer - bancassurance, digital and direct insurance. He played a lead role in MLC's demerger from NAB Wealth, UniSuper said. He has over 20 years of experience with previous ...

TAL slashes jobs, cuts outbound sales

JAMIE WILLIAMSON  |  FRIDAY, 19 OCT 2018
... with a number of alternative options, including redeployment where possible. In addition to ASIC's review of direct insurance, the move also follows recent scrutiny of such practices by the Royal Commission. Following an appearance by TAL's general ...

Freedom drops chief, slashes workforce

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
... ASIC's proposed new regulatory regime. Consequently, Freedom's board has decided to suspend new sales of all direct insurance products. It said 350,000 existing customers will not be affected by the changes and it will continue to receive admin ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
The Financial Services Council said it is "disappointed" ASIC's review into direct insurance has uncovered continuing practices of some life insurers that led to poor consumers outcomes. In response to the report ASIC handed down yesterday, the FSC ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
... customers. Many (56%) believed such reforms would improve the low levels of consumer trust. When asked about direct insurance, more than half (57%) believed it would grow at a slower rate in the future, as this segment faces a number of issues. This ...

Life insurance market flat: Research

KARREN VERGARA  |  MONDAY, 22 MAY 2017
... (15%), Greenstone/Hannover (8%), OnePath Australia (8%) and NAB/MLC (7%). When comparing advised premiums against direct insurance premiums, direct premiums were found to be more expensive across life, trauma and income protection. "The gap between advised ...

MLC reveals new executive team

ALEX BURKE  |  WEDNESDAY, 18 JAN 2017
... bancassurance. The leadership team will be overseen by MLC chief customer officer, bancassurance digital and direct insurance Anand Thomas. Thomas commented: "We are in an exciting period of growth, and we intend on delivering on this by providing our ...

CommInsure appoints life product and strategy head

KERRIE SYDEE  |  TUESDAY, 29 MAR 2016
... Crapis joins CommInsure from Munich Re where he held the role of client solutions - retail group, capital and direct insurance for just under two years. Prior to this Crapis worked with CommInsure for over a decade, working as a product manager - retail ...
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