AIA Australia cuts application processing time

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AIA Australia has significantly enhanced its application processing with the launch of a new feature called Auto Complete, which enables insurance applications to be processed within 24 hours. Auto Complete is available for cleanskin applications submitted via eApp® Express, AIA Australia’s application and quoting system. Damien Mu, General Manager – Life Insurance, AIA Australia said: […]

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Kids more likely to have life insurance than baby boomer parents

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While popular perception is that Gen Ys are financially irresponsible and only concerned with living for the moment, new research suggests that they may actually be more clued up about the life insurance they hold than their parents.   This is one of the latest findings from the ongoing financial protection research1 by TAL, Australia’s […]

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TAL appoints new Chief Information Officer

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Australia’s leading independent life insurer, TAL, has announced the appointment of a new Chief Information Officer (CIO). The appointment of David Gillespie into the senior executive role of CIO comes at a time when TAL is refocussing its business systems, processes and culture around its customers.   TAL Managing Director Jim Minto said: “Life insurance plays […]

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Index reveals financial protection insecurity

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A new Index launched today by TAL, Australia’s leading specialist life insurer, has uncovered how Australians view their financial protection.  The results suggest that Australians believe they don’t have enough of each form of personal life insurance [1] – life, illness, disability and income protection insurance.  In a new approach to measuring perceptions of underinsurance, […]

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AIA Australia improves access to life insurance for advisers

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Australia’s fastest growing life insurer, AIA Australia, has expanded its distribution reach by launching its multi-award winning Priority Protection for Platform Investors product on the Personal Choice Private platform. The platform is a private label platform administered by Asgard for members of the Association of Independently Owned Financial Planners (AIOFP). The partnership with Asgard is […]

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TAL joins global insurance sustainability framework

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TAL has become the first Australian life insurer and second Australian insurer to sign the United Nation’s Principles for Sustainable Insurance.  The Principles, an initiative of the United Nation’s Environment Program Finance Initiative (UNEP FI), are a sustainability framework for the global insurance industry.  They challenge insurers to enhance their risk management practices and insurance […]

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Dining out more important than protecting lifestyle

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Australians would prefer to spend extra income dining out rather than taking out or upgrading life insurance to protect their lifestyle and financial commitments, according to a nationwide poll conducted for TAL, Australia’s leading specialist life insurer.  In fact, given extra money to spend most people would prefer to do almost anything other than enhance […]

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Life insurance innovation from TAL

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TAL Retail Life has introduced a number of customer-focussed industry ‘firsts’ to its award-winning Accelerated Protection life insurance product.  TAL’s system now gives advisers the ability to obtain instant quotes online for existing Accelerated Protection policies, giving the flexibility to accommodate customers’ changing needs without delay.  TAL Retail Life CEO Brett Clark said: “As an […]

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TAL continues strong performance

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Half yearly financial results show that Australia’s leading specialist life insurance company, TAL, continues to perform strongly.  The results, released by TAL’s ultimate Japanese parent, Dai-ichi Life, show that TAL’s revenue on a Japanese GAAP reported basis rose 9% to $1.195 billion for the six months to 31 September 2012 compared to the same period […]

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NRMA Insurance to offer life insurance

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NRMA Insurance will offer its customers life insurance products after it signed an alliance agreement with life insurance provider TAL.  The alliance will see TAL provide life insurance policies on behalf of NRMA Insurance, with customer policies managed by TAL.  NRMA Insurance Chief Executive Officer Andy Cornish said that the alliance would help make life […]

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