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

ASIC targets add-on insurance

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Ancillary or ‘add-on’ insurance, sold at the point of sale, is a new focus for ASIC in 2014, with all businesses selling general or life insurance, or offering credit as... Read more continue reading

TAL figures show people betting on their life

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New analysis of claims statistics by Australia’s largest life insurer TAL shows that many customers are stopping their “living insurance” policies just 1.5 years before when the average claim is... Read more continue reading

SMEs caught unaware on business expenses protection

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Crowe Horwath and Zurich Financial Services Australia partner to address SME underinsurance A new strategic partnership announced yesterday between leading national accounting and financial services firm, Crowe Horwath, and Zurich... Read more continue reading

Australians are apathetic towards life insurance − FSC MetLife report

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Apathy to Action − understanding consumer barriers to adequacy in life insurance in Australia Australians are apathetic when it comes to taking action to insure their lives according to new... Read more continue reading

Claims keep advisers busy – but are they doing enough to help customers?

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Widespread increases in the number of claims across the life insurance sector are having a significant impact on financial advisers across Australia, according to national advisory dealer group Affinia Financial... Read more continue reading

AMP Flexible Super offers new insurance and investment choice

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AMP has made a number of enhancements to AMP Flexible Super, its leading superannuation and retirement product, making it a more competitive and attractive product for customers saving for their... Read more continue reading

Zurich says education and advice key to Australians avoiding life ‘mis-insurance’ gap

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New research explores degree of Australia’s mis-informed, mis-insured Zurich yesterday released new research showing many Australians have misperceptions about their life insurance, exposing them to a “mis-insurance” gap, the consequences... Read more continue reading