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Insurance

Coles sheds life insurance offering

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
Supermarket giant Coles quietly exited the life insurance industry less than three years after launching a directly distributed offer.

Life insurance claims handling must improve: ISWG

JAMIE WILLIAMSON  |  FRIDAY, 7 APR 2017
The Insurance in Superannuation Working Group is calling for the removal of complexity around claims handling.

Super insurance maintains active pricing: Research

DARREN SNYDER  |  WEDNESDAY, 5 APR 2017
About one-fifth of superannuation funds changed insurance rates or cover in the final quarter of 2016, latest Rainmaker research shows.

Can life and health insurers operate under one roof?

ALEX BURKE  |  FRIDAY, 31 MAR 2017
There are numerous benefits for life insurance companies to start offering health insurance products or enter into partnerships with health insurers, according to AIA Australia chief executive Damien Mu.

Insurers lagging on mental health

ALEX BURKE  |  FRIDAY, 31 MAR 2017
The life insurance industry still has a long way to go in improving its understanding and tolerance of mental health issues, according to Mental Health Australia director, policy and projects Josh Fear.

FSC awards life insurance standouts

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2017
The Financial Services Council recognised the best and brightest in the life insurance industry overnight at a gala dinner in Sydney.

Insurers: beware the double-edged sword of genetic testing

ALEX BURKE  |  THURSDAY, 30 MAR 2017
While genome sequencing can provide numerous benefits for life insurance consumers, the fear of Gattaca-style "genetic discrimination" carries its own risks for the industry.

Life insurance ripe for disruption

KARREN VERGARA  |  TUESDAY, 21 MAR 2017
Unprecedented challenges in the life insurance industry are exacerbating profitably and forcing some players out of the market, the latest PwC report shows.

Global insurance tech eyes Australian expansion

ALEX BURKE  |  FRIDAY, 17 MAR 2017
A global provider of life insurance claims software entered into a strategic partnership with an Australian wealth management consultancy.

AIA launches digital life insurance advice tool

EMMA RAPAPORT  |  FRIDAY, 17 MAR 2017
Life insurer AIA is partnering with digital financial advice provider SuperEd to develop an online tool for superannuation fund members.