Category | Underwriting

Life Insurance Inquiry Reporting Date Extended Again

The Parliamentary Joint Committee (PJC) Inquiry into the Life Insurance Industry will now release its final report in early December after it was granted a second extension to its reporting date by the Senate. (more…)

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0 · October 24, 2017 in Claims, Compliance & Regulation, Products, Superannuation, Underwriting  

ClearView Names Former AIA Staffer as Chief Underwriter

ClearView has appointed a former AIA Australia underwriting manager as its Chief Underwriter following the departure of the previous incumbent. (more…)

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1 · September 5, 2017 in Appointments, Company News, Underwriting  
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Doctors Call for Tightening on Provision of Medical Records

The Royal Australian College of General Practitioners has called for a tightening of the patient records its GP members provide to life insurers. (more…)

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14 · July 21, 2017 in Claims, General, Underwriting  

News in Brief

Use of Synchron Medical Skyrockets; Investment Trends 2017 Planner Technology Report (more…)

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0 · July 13, 2017 in General, Services, Technology, Underwriting  
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MLC Life Underwriting Deal to Offer Instant Pricing

MLC Life Insurance will offer instant pricing on life insurance cover after it announced a partnership with Pacific Life Re to use its underwriting rules engine, UnderwriteMe. (more…)

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0 · July 6, 2017 in Company News, Technology, Underwriting  

Standard Definitions Should Not Limit Insurers

Life insurers should be free to make changes to medical definitions as they see fit instead of relying on a common industry standard, according to a senior NAB executive. (more…)

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0 · May 29, 2017 in Products, Underwriting  
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MLC Initiative Set to Halve Underwriting Time

MLC Life Insurance has announced an initiative designed to reduce underwriting time by 50%. (more…)

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0 · March 7, 2017 in Products, Technology, Underwriting  

Zurich Expands Underwriting Team

Zurich has continued to expand its business units following the acquisition of the Macquarie Life risk business late last year and has appointed three senior executives to its underwriting team. (more…)

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0 · March 7, 2017 in Appointments, Company News, Underwriting  
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Latest Poll – Underwriting at Commencement

Our latest poll considers issues relating to underwriting life insurance products.  It is based on one of the points raised by the AFA within its submission to the recently-closed Parliamentary Joint Committee Inquiry into the life insurance industry (see: AFA Calls for Broad Reforms…). (more…)

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3 · November 29, 2016 in Compliance & Regulation, Polls, Underwriting  
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‘Game Changer’ Underwriting Service Launched

Locally-regulated reinsurer, Pacific Life Re, has initiated the soft launch in Australia of a new underwriting and new business comparison service that it says has the capacity to transform Australia’s life insurance industry. (more…)

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0 · October 25, 2016 in General, Technology, Underwriting