Maritime Super reappoints MLC Life Insurance as group insurer

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MLC Life Insurance has been reappointed as Maritime Super’s group insurer effective 1 July 2022 and will continue to provide its members with cover for death, total and permanent disablement as well as income protection. Maritime Super is the largest industry fund for maritime workers and is one of Australia’s longest-running super funds, supporting members

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MLC Life Insurance launches Vivo health, wellness and recovery service 

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MLC Life Insurance has launched its Vivo health, wellness and recovery service, designed to provide support to customers wanting to improve health and wellbeing throughout all their life stages. With a strong focus on wellness and recovery, Vivo brings together all the support provided to customers insured by MLC Life Insurance under one brand, fully

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MLC Life Insurance appoints Chief Risk Officer

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MLC Life Insurance has appointed Jane McGovern, currently Group Executive for Risk and Governance at iCare NSW, to the position of Chief Risk Officer. Jane will officially join MLC Life Insurance on 19 September 2022 and report to Chief Executive Officer, Rodney Cook. She will replace Acting Chief Risk Officer, Edwina Star, a partner in

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MLC Life Insurance announces retail insurance product enhancements

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MLC Life Insurance has announced a series of enhancements to its Income Assure and Income Assure+ product range, following feedback from advisers. Considering cost-of-living pressures, customers will now have the option to ‘inflation-proof’ their cover to ensure the benefits they receive at claim stage keep pace with future increases to earnings. An annual increase in cover level up to

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MLC Life Insurance announces leadership transition plans

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The Board of MLC Life Insurance would like to announce that Rodney Cook, Chief Executive Officer and Managing Director (CEO), intends to retire at the end of 2022 after two and a half successful years in the role. Rodney has served in the position since June 2020 and has guided the business through a series

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MLC Life Insurance launches Vivo Incentive to reward healthier lives

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MLC Life Insurance is offering a discount on lump sum covers for new retail customers who have a Body Mass Index (BMI) within a specified range. Called Vivo Incentive, eligible customers will receive a lifetime discount of 7.5 per cent on their annual premium for new lump sum covers, including Life Cover, TPD and Critical

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MLC Life Insurance partners with Insignia Financial to launch digital claims service

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MLC Life Insurance is partnering with Insignia Financial to launch a new claims experience, providing members with greater choice in how they lodge and track their claim, enabling submissions to be assessed sooner. From yesterday, MLC MasterKey and Plum Super members insured by MLC Life Insurance will be able to lodge their claim digitally through

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New research reveals members’ life insurance cover is at risk from regulatory reforms

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Less than six months since the Australian Parliament implemented stapling reforms, new research[1] from MLC Life Insurance reveals a massive 60% of superannuation fund members have never heard of them, potentially leaving them with inadequate or no life insurance protection when they change jobs. The reforms, which came into effect on 1 November 2021, require employers to

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MLC Life Insurance boosts group insurance credentials with new hire

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MLC Life Insurance has appointed Chris Porter, former Executive Manager for Operations at MTAA Super (now Spirit Super), as its new Head of Fund Partnerships. Starting in the role this week and based in Sydney, Chris will report directly to Emily Wu, General Manager, Fund Partnerships at MLC Life Insurance. As part of the restructure

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MLC Life Insurance boosts retail insurance credentials with new appointments

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MLC Life Insurance has boosted its retail distribution team for the future as the life insurer focuses on providing stronger partnership support to licensees and advisers. Michael Downey, General Manager of Retail Distribution Partnerships at MLC Life Insurance, has expanded his leadership team with several recent appointments that have significant industry expertise in retail insurance

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