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Insurance

Insurers slow to custom fit products: research

RUTH LIEW  |  MONDAY, 29 NOV 2010
From fast problem resolutions to creating products that fit consumers' distinctive needs, some insurers are still largely ill-prepared to fulfill their customers' wants, research shows.

OnePath launches OneCare on super platform

ELISE BURGESS  |  FRIDAY, 26 NOV 2010
OnePath has launched its OneCare insurance product onto its Oasis Asset Management platform, providing both retail and traditional group insurance options in super.

Tower posts strong growth in direct and life ins

ELISE BURGESS  |  THURSDAY, 25 NOV 2010
Specialist life insurance group Tower Australia has reported a 24 per cent profit growth this year to $92.3 million, buoyed by strong performance in its group and direct insurance channels.

Macq Life signs the Teachers Health Fund

ELISE BURGESS  |  WEDNESDAY, 24 NOV 2010
Macquarie Life will provide its new insurance solution, Macquarie Life Active, through a new distribution agreement with the Teachers Health Fund.

Insurance drives new client wins: study

ELISE BURGESS  |  TUESDAY, 23 NOV 2010
An annual financial adviser survey shows that nearly half of advisers' total risk income this year came from new clients, giving fresh evidence that risk-related advice is core to a typical financial planning business.

AIA signs record number of corporate funds

RUTH LIEW  |  TUESDAY, 23 NOV 2010
AIA Australia has won mandates from 40 small to medium size corporate super schemes in the last 12 months.

Tower unveils iQuote app

MEDIA RELEASE  |  WEDNESDAY, 17 NOV 2010
Tower has launched the Accelerated iQuote life insurance app for the iPhone and iPad - giving advisers the opportunity to roll out instant life insurance quotes on the go.

Longevity products in early stages

ELISE BURGESS  |  THURSDAY, 11 NOV 2010
In Asian and US markets, longevity and long-term insurance have found strong support yet in Australia, it is an area that remains relatively underexplored.

Towers Watson looks to non-life insurance

JOHN MCDULING  |  THURSDAY, 11 NOV 2010
In a move to expand its consulting and software offerings to non-life insurers, asset consultant and actuarial group Towers Watson will acquire UK-based non-life consulting and software company EMB, the company announced.

Telstra Super raises insurance cover

ELISE BURGESS  |  WEDNESDAY, 10 NOV 2010
Telstra Super has improved its insurance cover for the second time in 2010 with members now receiving better TPD cover.