Zurich releases 2023 life claims analysis

From

Following the release of its ‘Cost of Care’ report, Zurich Financial Services Australia (Zurich) has published new analysis of its life insurance claims data[1], which found musculoskeletal conditions, cancer and... Read more continue reading

TAL launches real-time alteration quotes as part of an ongoing commitment to making it easier for advisers to do business

From

In line with TAL’s ongoing commitment to enhancing the TAL Adviser Centre (TAC), the Australian life insurer has launched real-time alteration quotes for existing customers. This update is part of a significant... Read more continue reading

Zurich collaborates with UTS on AI solution for underwriting mental health

From

Zurich Financial Services Australia (Zurich) has announced the conclusion of the first phase of its collaboration with the University of Technology Sydney (UTS) to develop Artificial Intelligence (AI) models designed... Read more continue reading

ClearView unveils enhancements to ClearChoice

From

Listed life insurance company, ClearView, has made enhancements to its ClearView ClearChoice product series to deliver even greater value, flexibility and choice to customers, and modernise product design, particularly for... Read more continue reading

MLC Life Insurance appointment continues strong Nippon Life investment in Australian market

From

MLC Life Insurance has welcomed the continued close partnership with its majority shareholder Nippon Life Insurance, following the appointment of one of their most senior international executives, Koji Ichiba, as... Read more continue reading

Nearly half of Australians can’t afford to wait for default disability insurance, women most impacted: MLC Life Insurance research

From

Nearly half of Australian workers have three months’ or less savings in the event of a disability which prevents them from working, with almost a third of women only having... Read more continue reading

Designing sustainable products while balancing affordability is crucial to driving good customer outcomes

From

It is two years since APRA stepped in to address the cycle of losses and price increases in the Individual Disability Income Insurance (IDII) market. In that time, we have... Read more continue reading

Report calls for re-design of insurance products and law modernisation to protect women from financial abuse

From

A new report released today by the Centre for Women’s Economic Safety (CWES) calls for general insurers to disrupt domestic violence in Australia by re-designing products to prevent financial abuse.... Read more continue reading

AMP appoints TAL as new default insurance provider for superannuation members

From

AMP is pleased to announce it has appointed TAL as its new default and retail insurance provider for AMP Superannuation Fund members, including its flagship SignatureSuper offer. Members’ best financial... Read more continue reading

Swiss Re Institute’s new study forecasts global life savings premium to grow to USD 4 trillion by 2033

From

Swiss Re Institute has released A retirement lifeline: Capturing the insurance opportunity in the private savings market, a publication that highlights the opportunity for life insurers to become a lifeline for global... Read more continue reading