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Insurance

Tower upgrades Accelerate and TPP

RUTH LIEW  |  WEDNESDAY, 19 NOV 2008
Refined work definitions, broadened medical terms and technological upgrades - TOWER Australia is pumping up its Accelerate and Tower Protection Product to make life insurance more accessible for independent financial advisers and their clients.

Good news at last for AIG

MICHAEL HOBBS  |  THURSDAY, 13 NOV 2008
At last some good news for AIG Life Australia with the company announcing a major upgrade of their insurance suite while also coming runner-up in the CoreData Life Company of the Year awards.

Skandia adds online group insurance

MICHAEL HOBBS  |  WEDNESDAY, 5 NOV 2008
Skandia enhanced its platform to include online straight through processing (STP) group insurance, allowing advisers to easily and accurately provide the service without lots of paperwork.

Spring facelift to Zurich life risk

RUTH LIEW  |  MONDAY, 3 NOV 2008
Zurich is simplifying the application process, improving trauma definitions and smoothing the claims process of its life risk products.

More pain for insurance firms

RUTH LIEW  |  FRIDAY, 24 OCT 2008
Global insurance brokerage firm Aon has warned that following AIG's troubles and government rescue, there will be more bad news from insurers as the sector undergoes mass asset depletion and capital shortage.

MLC upgrades its group insurance suite

MICHAEL HOBBS  |  THURSDAY, 23 OCT 2008
MLC is raising the bar in group insurance, providing super funds with more insurance options at no extra cost.

Aviva grants free child life insurance

MICHAEL HOBBS  |  WEDNESDAY, 22 OCT 2008
More than 58,000 existing Aviva customers are set to benefit from its decision to provide free automatic life insurance for children who are inflicted with a defined critical illness.

Insurance stays afloat

RUTH LIEW  |  TUESDAY, 21 OCT 2008
The insurance industry may have been bashed by the troubles in the financial markets - but one researcher believes that most players are safe due to strong regulations, technology investments and sound portfolio management.

Language is key to sell insurance

MICHAEL HOBBS  |  THURSDAY, 16 OCT 2008
The way financial advisers discuss their business and speak to prospective clients heavily impacts how much life insurance they are able to sell, according to renowned UK financial adviser, Bhupinder Anand.

MLC locks premium rates

RUTH LIEW  |  WEDNESDAY, 15 OCT 2008
MLC is locking its insurance level premium rates for the next five years and refreshing its product disclosure statements in its latest endeavour to draw fresh clients.