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Insurance

MetLife awards $11bn custody mandate

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
MetLife Australia is included among a $10.9 billion custody mandate awarded by its global parent across three key Asia Pacific markets.

Insurtech associations form global alliance

ALEX BURKE  |  TUESDAY, 23 JAN 2018
A group of associations representing insurance technology have co-founded a new Global InsurTech Alliance (GITA).

Phone leads life insurance sales: Roy Morgan

KARREN VERGARA  |  MONDAY, 22 JAN 2018
Using the telephone was the most popular means of purchasing life insurance policies in the year to November, the latest Roy Morgan survey shows.

Life insurance consumers shun financial advisers

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
Australians are increasingly relying on the internet and digital devices to purchase life insurance instead of financial advisers, a new study from NobleOak shows.

Industry fund cuts life premiums, renews insurer

KARREN VERGARA  |  FRIDAY, 19 JAN 2018
An $11 billion industry superannuation is reducing its life and total and permanent disability (TPD) insurance premiums for younger members by as much as 50%.

ANZ Wealth tests AI-driven underwriting

KARREN VERGARA  |  THURSDAY, 18 JAN 2018
ANZ Wealth is exploring artificial intelligence opportunities to improve its underwriting processes.

ClearView revamps life insurance platform

ALEX BURKE  |  TUESDAY, 16 JAN 2018
ClearView is rolling out a series of enhancements to its life insurance platform with the aim of increasing efficiencies in advice practices.

Zurich UK launches selfie app for underwriting

KARREN VERGARA  |  MONDAY, 15 JAN 2018
Zurich has launched facial recognition technology in an effort to promote life insurance adoption across the UK.

Industry fund pilots cancer wellness program

KARREN VERGARA  |  THURSDAY, 11 JAN 2018
A $50 billion industry superannuation fund is piloting a program launched by AIA Australia that helps members affected by cancer transition back to health.

Zurich sells Singapore life business

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
The newest player to enter Singapore's life insurance market is acquiring the business portfolio of Zurich Life Singapore.