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

Insurance

Zurich adds two to tele-underwriting team

PRESS RELEASE  |  WEDNESDAY, 28 JUL 2010
Zurich Financial Services Australia has added more resources to its tele-underwriting team following a rise in demand from financial planners for the service.

AIA signs credit card insurance deal with Citibank

MICHAEL HOBBS  |  TUESDAY, 27 JUL 2010
AIA Australia has signed a five-year credit card insurance deal with Citibank - one of the biggest deals the insurer has scored since rebranding.

AIA moves to integrate retail offering

COMPANY RELEASE  |  THURSDAY, 22 JUL 2010
AIA Australia has launched Platform Investor Protect - a new service that integrates the insurer's flagship retail product, Priority Protection, onto an investment platform for the first time.

GESB unveils opt-in insurance for casuals

RUTH LIEW  |  WEDNESDAY, 21 JUL 2010
GESB is restructuring its insurance arrangements for casual members - introducing a new 'opt-in' option for all new casual employees who join the WA fund.

AIA to list, names new chief

PRESS RELEASES  |  TUESDAY, 20 JUL 2010
American International Group (AIG) pushes ahead with the IPO of its Asian life subsidiary, American International Assurance (AIA), and names a former Prudential chief executive as the division's new head.

Insurers post double-digit growth

RUTH LIEW  |  TUESDAY, 20 JUL 2010
AMP, National Australia/MLC and Tower were among the insurers that reported double digit percentage growth in risk premium inflows last year - but overall sales in the risk market has slumped, research shows.

MLC to drop Aviva insurance brand

MICHELLE BALTAZAR  |  MONDAY, 12 JUL 2010
In line with the terms of the sale of the Aviva insurance business and platform to NAB last year, the bank's insurance arm MLC will rename the acquired business' popular insurance product Aviva Protectionfirst to MLC Protectionfirst, effective October ...

AMP trains staff on insurance services

COMPANY RELEASE  |  THURSDAY, 8 JUL 2010
AMP has unveiled a new training program to boost staff expertise in life insurance - a move that is expected to help AMP better service financial planners.

CommInsure completes business restructure, appoints two GMs

MICHELLE BALTAZAR  |  THURSDAY, 8 JUL 2010
CommInsure has finalised the restructure of its insurance operations into five distinct lines of business - a radical departure from its previous model - when it appointed one of its senior staff, Claire Roberts to general manager in wholesale life ...

Ban insurance commissions in super: Cooper

RUTH LIEW  |  MONDAY, 5 JUL 2010
Commissions should be banned on all insurance products in super, including group risk and personal insurance, according to the Cooper Review's final report.