A new vision for Life Insurance Professional Standards

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The life insurance industry recognises that to become a sector the community trusts, the industry must commit to supporting the professionalism of its people. The Australian and New Zealand Institute of Insurance & Finance (ANZIIF) and the Life Insurance Professional Standards Working Group (LIPSWG), whose membership is comprised of AIA Australia, AMP Life, BT Life

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AIA Australia deepens links between health, life and wellbeing

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Insurer AIA Australia continues to innovate in order to protect and improve the health of Australians by linking life and health insurance with AIA Vitality, a program which incentivises people to make healthier choices. Through the health insurance brand myOwn, AIA has initiated various innovations in the health space over the past 12 months. Launched

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New research highlights the serious unintended consequences of proposed reforms for young and active members

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AIA Australia has released new research to highlight the limited financial gains young Australians would receive under the Federal government’s ‘Protecting your Super Package’, which would also leave more than 1.4 million young people under 25 without much needed financial protections. The research commissioned by AIA and completed by Rice Warner has shown that an

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Success of AIA Australia’s Claims on Wheels initiative prompts national roll-out

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AIA Australia’s industry-first initiative, Claims on Wheels, is exceeding expectations for service and customer experience, prompting the insurer to take the innovative program nationally in the coming months. Claims on Wheels is a free service where an AIA Australia consultant makes home visits to people facing significant health issues to personally assist with the claims

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AIA Australia calls for health reforms to improve mental health outcomes

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AIA Australia and New Zealand chief executive Damien Mu yesterday committed the leading life insurer to supporting a sweeping overhaul of Federal legislation to allow life insurers to fund early intervention and treatment for mental health conditions. Speaking at the Inspiring Leaders’ Summit in Sydney today,  Mu said: “The current legislative barriers that restrict life insurers from funding medical treatments for mental health condition represent a breakdown of Australia’s

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Many Australians deem their house more important than their health

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Many Australians place greater emphasis on home insurance than health or life insurance, according to a comprehensive report on the insurance market by life insurer AIA Australia. This insight comes from AIA Australia’s latest tracking study (conducted by the independent research firm Nature, in December 2017) of a representative sample of 1,000 Australians aged over 18.

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AIA Australia launches Australia’s Healthiest Workplace 2018

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AIA Australia has announced the launch of the Australia’s Healthiest Workplace Survey 2018 by AIA Vitality. It is the first science-based workplace survey in Australia that examines employee lifestyle, clinical indicators, stress and mental health, to understand the associated impact on wellbeing and productivity at an individual and company level. Damien Mu, CEO of AIA

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Politicians monitored for sleep, steps as part of life insurance wellness programs

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The Financial Services Council, which represents most of Australia’s life insurers, has launched the inaugural Parliamentary Friends of Insurance Group alongside MLC Life Insurance and AIA Australia. At a launch event in Canberra on Wednesday 18 October, fitness data for three federal politicians – Senator Deborah O’Neill, Senator Dean Smith and Ms Terri Butler MP

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AIA delivers strong growth in 2015

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The Board of Directors of AIA Group Limited have announced that AIA has delivered excellent results for the year ended 30 November 2015. Strong growth in value of new business (VONB) (on a constant exchange rate basis) 26 per cent growth in VONB to US$2,198 million Annualised new premiums (ANP) of US$3,991 million, up 14 per

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AIA Australia appoints Chief Group Insurance Officer

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Leading life insurer AIA Australia yesterday announced the appointment of Stephanie Phillips to the role of Chief Group Insurance Officer, responsible for distribution, product, pricing and operations across Australia. Ms Phillips, who has been acting in the role since June, has already achieved a number of significant milestones including the development and launch of AIA Australia’s

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