Aon Benfield analyzes 8 key trends facing insurers at 13th Hazards Conference

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Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc (NYSE:AON),  reveals eight trends that create opportunities for insurers at the Aon Benfield 13th Biennial Hazards Conference in Australia. Bryon Ehrhart, Chief Strategy Officer for Aon Benfield and Chairman of its Analytics and Investment Banking divisions, will be introducing the conference by discussing […]

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Ageing population and consumer ambivalence to insurance revealed as ‘greatest challenge’ for life insurers

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Survey of superannuation and insurance professionals at AIA Australia’s Group Insurance Summit reveals new challenges facing industry Australia’s ‘greying’ population combined with continuing lack of awareness about the importance of insurance have been identified as the two greatest challenges for the life insurance industry, according to a new survey.    Superannuation and insurance professionals at […]

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Call for better conversations, more transparency to inform crucial insurance decisions

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A recent survey of medium-sized Australian businesses suggests that many can do much better when it comes to managing the relationship with their insurance broker – and are left unnecessarily exposed as a consequence. And step one in addressing that is to have clearer, more engaging conversations with their insurance broker. “The strong theme to […]

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Women driving insurance decisions on car, home and health cover…

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… And men more likely to protect their life and pet Women are more likely to take out home, car and health insurance whereas men are more likely to hold life1 and pet cover, according to financial protection research2 by Australia’s leading specialist life insurer, TAL. The research found that 41% of men hold a […]

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AIA Australia partners with HUB24 to provide award winning Priority Protection insurance for advisers

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Leading life insurer AIA Australia has announced a new partnership with HUB24 which will now include AIA Australia’s multi-award winning Priority Protection product among its product suite. The HUB24 platform is used by a growing number of financial advisers to access, manage and purchase clients’ investments and risk policies online. The partnership with HUB24 is […]

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Confusing terms and jargon affecting decision-making

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The use of jargon that is not understood by investors, and is even misleading, is likely to hold back the take-up of services that should be embraced, such as insurance, warns Michael Hutton, head of wealth management, HLB Mann Judd Sydney. “It’s all very well for the financial services industry to come up with a […]

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AIA Australia enhances Priority Protection range with new benefits for families

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In a significant move to acknowledge a new generation of policyholders AIA Australia today unveiled a range of new benefits and product enhancements to its award winning Priority Protection product suite – with a focus on providing greater flexibility and cover for Australian families. The latest enhancements include a school fees protector, an optional benefit […]

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AMP’s complete insurance range gets a makeover

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AMP has announced a range of enhancements to its wealth protection product range, responding to the changing way advisers do business by offering choice and flexibility. The enhancements, which go live today, are being launched at a series of nation-wide roadshows for financial planners and apply to Flexible Lifetime – Protection, Flexible Lifetime – Super, […]

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ASIC concerns lead to insurance comparison website changes

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ASIC concerns about potentially misleading content on the insurance comparison website of JustEzi Pty Ltd (JustEzi) has led to the removal of online material. ASIC’s concerns arose from a comparison tool that formulated ‘Ezi-Estimates’ for car insurance. The estimates ranked insurers by price, from lowest to highest, after the consumer entered certain details. ASIC was […]

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Elana Rubin retires as TAL Director

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Life insurer TAL (formerly TOWER Australia) Chair Rob Thomas announced today the resignation of Elana Rubin from the TAL Board of Directors, effective immediately. Elana Rubin has been a TAL director since 2007 and has been the Chair of the Investment Committee and a member of the Technology and Innovation Committee.   During that period […]

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