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Insurance

Aviva provides automatic insurance in super

COMPANY RELEASE  |  FRIDAY, 28 AUG 2009
Aviva is providing automatic life insurance cover to over 18,000 Business Super members.

Advisers choose definitions over technology

MICHAEL HOBBS  |  FRIDAY, 14 AUG 2009
Automatic underwriting, online transactions and website calculators are needed when it comes to risk insurance, but financial advisers won't use a provider if the contracts don't pay out when clients need it most.

AXA ramps up million-dollar insurance strategy

MICHAEL HOBBS  |  THURSDAY, 13 AUG 2009
AXA Australia's multi-million dollar investment in its financial protection business appears to be paying off with new business rising 23 per cent to $58 million and the firm now ranked in the top four across product, new business and underwriting categories.

ING OneAnswer taps online insurance

COMPANY RELEASE  |  TUESDAY, 11 AUG 2009
ING Australia's OneAnswer superannuation offering now provides a new online life insurance application and case management capability.

Gen insurance posts 61pc fall in NPAT

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
APRA-regulated general insurance companies suffered a total 61 per cent drop in net profit after tax to $2.1 billion due to higher claim costs and lower interest rates last year although the industry's total assets rose 0.7 per cent to $92.7 billion ...

Lifewise website nets 8,500 hits

MICHAEL HOBBS  |  MONDAY, 10 AUG 2009
Insurance awareness website, Lifewise, attracted around 8,500 unique visits in three months.

MLC wins life insurer of the year

COMPANY RELEASE  |  MONDAY, 3 AUG 2009
MLC has won the 2009 Life Insurance Company of the Year by the Australia & New Zealand Institute of Insurance and Finance (ANZIIF) for the fourth time in six years.

Media Super hires ING as insurer

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
Media Super has appointed ING Life as its new insurer for death and total and permanent disability insurance cover, and its income protection cover.

Aviva insurance in super business jumps 12pc

COMPANY RELEASE  |  THURSDAY, 23 JUL 2009
Aviva's new lump sum protection policy business has risen by almost 12 per cent over two years to almost 15 per cent - reflecting a growing trend for customers to get insurance through super.

CommInsure launches insurance WriteAway

MICHELLE BALTAZAR  |  WEDNESDAY, 22 JUL 2009
CommInsure has launched WriteAway, a new straight through processing platform for risk insurance that could provide financial planners with an underwriting decision within 20 to 30 minutes.