Australian Insurance Industry Award winners announced

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The Australian and New Zealand Institute of Insurance and Finance and founding partner Asia Insurance Review are pleased to announce the winners of the 2014 Australian Insurance Industry Awards. The... Read more continue reading

Extra money goes to savings and holidays

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Younger Australians would spend extra income on shopping for clothes and new mobile devices before considering using the money to get financial protection for the first time or increase their... Read more continue reading

The need for timely life insurance claims

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The growing number of people who lodge ‘late notified’ claims against disability policies many years after their cover has ceased force upwards pressure on the price of premiums. Australia’s largest... Read more continue reading

TAL calls for “affordable” pricing of life insurance

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 Level premiums just like “fixed” rate mortgages In the wake of the interim Financial System Inquiry report, Australia’s largest life insurer TAL is calling for greater recognition of the “affordable”... Read more continue reading

The importance of work in health recovery

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Australia’s largest life insurer TAL has become a signatory to the Australasian Consensus Statement on the Health Benefits of Work. TAL Chief Customer Service and Operations Officer Penny Coates said:... Read more continue reading

Unprecedented survey launched to uncover reality of staffing the insurance industry

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The Australian and New Zealand Institute of Insurance and Finance (the Institute) has launched an unprecedented national survey to identify trends in hiring, skills shortages and staff retention in insurance.... Read more continue reading

Australians’ appetite for life insurance on the rise

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National index reveals Gen X most likely to be insured – but big gaps remain The second annual TAL Australian Financial Protection Index has revealed a big jump in the... Read more continue reading

Product innovation helps deliver strong growth for Australia’s direct life insurers

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Innovative product development coupled with speed to rationalise non-performing offers has helped underpin strong growth in Australia’s direct life insurance segment. In the 12 months to December 2013, direct life... Read more continue reading

ANZ significantly enhances OneCare Express – New underwriting engine reduces application process by up to half the time

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ANZ has announced new technology and process enhancements to OnePath’s OneCare Express offering, as it continues to evolve its superior life insurance solution that meets adviser’s and their clients’ insurance... Read more continue reading

Global risk adviser says Australian insurers should invest further in innovation to grow market share and better serve clients

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Aon reveals key insights into Australia’s commercial insurance market Growth in capacity and increasing interest from international markets mean the recent run of reducing premiums in Australia may well continue,... Read more continue reading