Brokers provided with enhanced loan protection offering for home buyers

From

ALI Group, the leading provider of loan protection insurance to the broking industry that covers Australian home owners from financial hardship, has announced enhancements to its core product offered by brokers, Loan Protection Plan. The enhancements will provide brokers with an improved solution to protect their clients, and are based on feedback ALI Group received […]

continue reading

The end of the affair?

From

Synchron has revealed progress on a term level life insurance offer being developed by AIA Australia (AIAA) which Synchron Director, Don Trapnell said will help end the industry’s love affair with yearly renewable premium rates. Speaking at Synchron’s recent Sydney Professional Development Day, Mr Trapnell said, “Australia is the only country in the world that […]

continue reading

Seven things small business owners should consider in 2017

From

Australia’s more than two million small businesses make an enormous contribution to our communities and are the backbone of our economy. Yet, according a MetLife study* almost half (47%) of small business owners are exposing themselves, their families and employees to the financial impact of illness, injury or even death through lack of insurance cover. […]

continue reading

Zurich and Oxford University uncover the Australian ‘IP Gap’

From

Us Aussies are an optimistic bunch, however there’s a big difference between having a relaxed outlook and leaving the important things to chance. Unfortunately this overconfident, ‘bulletproof’ Australian mentality – according to Zurich’s latest research report – is leaving too many of us underinsured. The Income Protection Gap, conducted in conjunction with Oxford University, uncovers […]

continue reading

Australian employees more concerned about mental health than employers think

From

A workplace study by leading life insurer MetLife has found significant differences in the priorities of Australian employees and employers when it comes to workplace health and wellness. MetLife’s Employee Benefit Trends Study (EBTS) found Australian employers don’t place as much importance on health issues such as depression (6% employer v 32% employee ranking) and […]

continue reading

Full steam ahead for insurance in platforms

From

According to IOOF, insurance inside super is often the best solution for clients due to the tax and cash-flow benefits. There are however, many different types of insurance inside super – and different ways to structure these policies. Here, IOOF looks at the growth of retail insurance in super and why three-quarters of advisers are […]

continue reading

Centrepoint acquires strategic interest in RFE Group

From

Centrepoint continues to make significant progress in executing its strategy to become the most respected non-aligned financial services provider in Australia with the acquisition of a strategic interest in RFE. This investment further signifies Centrepoint’s preparedness to support the growth of professional advice firms. RFE’s business focuses on supporting accountants and mortgage brokers in providing […]

continue reading

New partnership sees TAL invest in growing advisers’ health education resources

From

The alignment between healthy lives and life insurance is an important part of TAL’s wider investment in helping advisers grow their businesses through new initiatives, which ultimately enable them to deliver greater value to their clients. As part of the evolution of the TAL Health Sense: Fit for Life program, TAL has partnered with The […]

continue reading

ING DIRECT launches insurance for home owners

From

ING DIRECT is expanding its offering for Australian home loan borrowers with the launch of home and contents insurance. Initially ING DIRECT will be offering home, contents, and home and contents packages to customers who have come through the bank’s broker network, with a variety of optional cover available including landlord, flood, accidental damage and […]

continue reading

Federal Court clears way for Zurich growth with acquisition of Macquarie Life’s risk business

From

The Federal Court of Australia has approved the transfer of Macquarie Life’s risk business to Zurich Australia Limited (Zurich). The completion of the court and regulatory approval process means that the transfer of Macquarie Life’s risk insurance portfolio, including FutureWise, Active and Sumo policies, to Zurich can now proceed. The confirmation of the acquisition sees the […]

continue reading