Category: Technology

OnePath Upgrades eApp Underwriting

OnePath has released an upgrade to its electronic life insurance application, OneCare Express, saying the enhancements will increase the number of point-of-sale acceptances.

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Life Company Claims Ratings to be Included in New Adviser Research

The risk store and IRESS have announced the latest Xplan Risk Researcher software version will, for the first time, include a claims management rating for advisers.

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MLC Unveils New Insurance Offer

MLC has officially launched its new risk insurance product range, announcing it is targeting a 70% improvement in turnaround times for new insurance business.

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MLC Extends Best Doctors Service

MLC’s Best Doctors service offer will be expanded to include a range of online tools including a service which coordinates overseas medical appointments.

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Technology Could Transform Claims Processes

Life insurance claims processes could be transformed if insurers invest more in technology, according to a report from the UK.

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AMP and Westpac Launch Accessible Advice Services

AMP Financial Planning (AMP) and Westpac have both launched new services designed to make financial advice more accessible for consumers.

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Launch of New Adviser/Client App Service

The interactive adviser/client tool, iRisk Advisor, has been released into the Apple App store of online software applications.

Originally announced at the end of May 2011 (see: New Adviser/Client Interactive Tool), iRisk Advisor is an app package that includes interactive fact find and needs analysis software that flows through to insurance product quotations and online submission of life insurance applications.

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Call for Faster SoAs

The impending Future of Financial Advice (FoFA) reforms have led to an increase in demand for simpler Statement of Advice (SoA) solutions, according to new market research.

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Macquarie, UHG Medical Assessments Initiative

Macquarie Life has announced a joint initiative with health services provider, UHG, which it says will provide advisers with a more streamlined medical assessment process.

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Adviser Use of Online Apps Levelling Out

Zurich Financial Services has released research that indicates the rate of adviser use of online life insurance application services has levelled out.

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