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Insurance

Life insurance too complicated: survey

MICHAEL HOBBS  |  TUESDAY, 2 DEC 2008
The life insurance industry is missing a significant segment of the Australian market after a new survey found two in five people think insurance is far too complicated and hard to understand.

IUS wins FSS mandate

RUTH LIEW  |  MONDAY, 1 DEC 2008
The $14 billion First State Super has appointed group risk insurer IUS to provide group life and TPD insurance benefits for NSW ambulance officers.

Premium and business growth up: TOWER

MICHAEL HOBBS  |  THURSDAY, 27 NOV 2008
TOWER Australia continues to grow its insurance business posting growth in its in-force premium and new business revenues during the financial year.

AXA ramps up group insurance

MICHAEL HOBBS  |  WEDNESDAY, 26 NOV 2008
AXA Australia group insurance clients are set to benefit from a raft of enhancements across definitions, cover limits and technological capabilities.

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.