Category | Company News

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ANZ Wealth to Keep Insurance on the Table

ANZ Wealth has stated it will continue to invest in its life insurance business but may sell it separately from its pensions, investments and aligned advice businesses, which have been sold to IOOF. (more…)

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1 · October 17, 2017 in Company News  

News in Brief

Insurers Appoint New Retail Heads Wellness Programs Enhanced (more…)

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0 · October 17, 2017 in Appointments, Company News, Services  
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Westpac to Face Class Action Over Premiums

Consumers who received life insurance advice from a Westpac aligned financial adviser and purchased a policy based on that advice have been encouraged to join a class action which claims the bank overcharged clients for their life insurance premiums. (more…)

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7 · October 16, 2017 in Claims, Company News, Compliance & Regulation, Products  

PPS Mutual Issues First Round of Profit Share

Boutique life insurer PPS Mutual has closed out its inaugural financial year by announcing it will release its first round of profit sharing to members. (more…)

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0 · October 11, 2017 in Company News, Products  

MLC Life Halts Premium Increases for One Year

MLC Life Insurance will freeze any increases on base premium rates for existing policies for a period of one year, effective from 10 October 2017. (more…)

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1 · October 10, 2017 in Company News, Products  
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AFRM Launches Claims Advocacy Service

Specialist risk advice practice Australian Financial Risk Management (AFRM) has launched a claims advocacy service for retail and group insurance policy holders. (more…)

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8 · October 9, 2017 in Claims, Company News  

BTFG Restructures Advice Businesses

BT Financial Group (BTFG) will separate advice staff who provide online, phone based or general advice from those who provide face to face advice in a move which confirms it will not be replacing its outgoing General Manager for financial advice. (more…)

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0 · October 5, 2017 in Appointments, Company News, Dealer Groups  

MetLife Launches Claim Tracker

MetLife has launched a digital claims tracking service for members of group life schemes and has signed its first superannuation fund to the service. (more…)

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0 · September 26, 2017 in Claims, Company News, Services  
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AIA Australia to Hold Quarter of the Market

AIA Australia will leap to the top of the largest life insurance companies in Australia following its impending purchase of CommInsure, according to research house, DEXX&R. (more…)

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0 · September 22, 2017 in Company News, General  

CommInsure to be Sold to AIA

The Commonwealth Bank (CBA) will sell its Australia and New Zealand life insurance businesses, CommInsure Life and Sovereign, to the AIA Group for $3.8 billion. (more…)

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8 · September 21, 2017 in Breaking, Company News