AMP announces life insurance reforms

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AMP has announced reforms to payment structures which will reduce upfront commissions for AMP licensed advisers on all life insurance policies. The changes will take effect from 1 July 2015.... Read more continue reading

TAL life insurance payouts hit almost $1 billion a year

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New figures show that Australia’s leading life insurance specialist TAL paid out more than $947 million in claims last year, an increase of around 12.5% on the previous year’s payout... Read more continue reading

Local economic conditions: Primary risk for Australian businesses

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Local economic conditions have trumped regulatory and legislative policies as the most prominent risk facing Australian businesses in 2014/2015, according to Aon’s most recent Australian Risk Survey. Regulatory and legislative... Read more continue reading

Aon launches Connect to offer up-to-the minute risk information

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Aon has announced the launch of Connect, an online destination created to facilitate and elevate conversations about risk. The online location will house up-to-the minute content from subject matter experts,... Read more continue reading

Freeman McMurrick signs exclusive agreement with Aon Underwriting Managers as sole distributor of solutions in Australia and New Zealand

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Aon Underwriting Managers (AUM), Aon’s managing general agency, has signed an exclusive distribution agreement with wholesale underwriting management company, Freeman McMurrick (FMM). The agreement positions FMM as the sole distributor of... Read more continue reading

New research finds customer-centred innovation agenda underpins high satisfaction amongst financial advice customers

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Customer communication, marketing and financial management will dominate the financial adviser innovation agenda during 2015, according to research released by Zurich Financial Services Australia (Zurich) in Sydney yesterday. In an... Read more continue reading

Demand for contingency insurance continues to grow as local market matures

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Australia’s contingency insurance market is maturing, with the increased awareness of contingency risks and insurance policy options driving a marked increase in the take-up of contingency insurance in recent years,... Read more continue reading

New tool to deliver strategic life insurance advice

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National risk-focused dealer group Affinia Financial Advisers has developed a new tool to help advisers deliver strategic life insurance advice that meets the highest standards of ‘best interests’. The Strategic... Read more continue reading

Zurich launches first consumer-facing life insurance app

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Zurich Financial Services Australia (Zurich) has launched a new tablet app, designed to help financial advisers improve their customer engagement process. The new Zurich Adviser Flipchart app is the first... Read more continue reading

Women still lagging men in financial protection

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Although Australian women have more employment opportunities and are more educated than ever before,[1] they are still less likely to hold life insurance than men, according to research by Australia’s... Read more continue reading