Retail insurance channel sees growth


The retail risk insurance sector went from strength to strength in the 12 months to September 2017, rebounding from three years of declining sales to record $1.4 billion of lump sum new business, according to new dat.. Read More

AIA launches PPPI on Macquarie Wrap


Life insurer AIA Australia has announced its Priority Protection for Platform Investors (PPPI) product is now available on investment platform Macquarie Wrap, a move which the company said would allow greater functio.. Read More

Advice growth boosts Clearview profits


Solid performance in its financial advice business has helped boost listed financial services company Clearview’s earnings by 12 per cent to $30.4 million for the 2017 financial year. Releasing its full y.. Read More

Advisers must insist on insurance disclosure


Risk advisers need to insist their clients disclose accurate information about their job and medical history in insurance policy applications, as new provisions to the Insurance Contract Act mean insurers can retrosp.. Read More

AIA launches crisis claims program


Life insurer AIA Australia has introduced a personalised crisis claims program designed to help those facing significant health events during an illness. Under the insurer’s Claims on Wheels program, cris.. Read More

Gig economy gets income protection scheme


Freelance job platform Airtasker has partnered with insurance technology firm Roobyx to launch an Australian first income protection insurance scheme for workers in the gig economy. Announcing the new service, A.. Read More

Advisers need plan as LIF approaches


Advisers needed to have a financial plan in place for their practice as the deadline for the life insurance framework legislation approached, which could involve tweaking or completely restructuring their business st.. Read More

Data streamlining could boost group insurance


Centralising management of superannuation fund member data will help group insurers to better target their product and service offerings toward fund members, according to the Insurance in Superannuation Working Group.. Read More

Early intervention critical for life insurers


Life insurers have a responsibility to enhance customer experience by taking a more personalised approach from the beginning of a claim and adapting current behaviours and practices to provide early intervention wher.. Read More

Holistic focus helps advisers add value


Financial advisers can add value to the client experience by opening up their conversations with clients to include more than just financial security, according to life insurer AIA Australia. Speaking as part of.. Read More

ANZ Wealth unveils pre-assessment system


ANZ Wealth has launched an automated pre-assessment system for its OneCare life insurance range, a move the company said was an industry-first initiative designed to save advisers’ time and improve the client e.. Read More

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