Category: Underwriting

CommInsure Signs On with UHG

CommInsure has appointed Unified Healthcare Group (UHG) on a four year contract to provide medical information services to its adviser network.

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ClearView Invests in Adviser, Client Technology

ClearView Wealth has revealed plans to release an online insurance portal in the first quarter of next year.

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Electronic Insurance Proposals Overtake Paper Applications

The volume of electronic life insurance applications submitted in 2010 exceeded those of traditional paper-based applications.

This was one of the key findings revealed in reinsurance firm Munich Re’s first industry-wide Electronic Underwriting Survey.

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Zurich to Scrap Most PMARs

Zurich Financial Services has announced it is removing compulsory Practising Medical Attendant’s Report (PMAR) requirements from virtually all new business applications for death, TPD and most income protection policies.

This is the headline initiative accompanying the release of the insurer’s latest product upgrade, to take effect from 29 September 2011.

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AIA Underwriting Concessions - Special Offer

AIA Australia has announced to advisers it will be offering special underwriting concessions for ‘cleanskin’ policy applications between 19 September and 31 October 2011.

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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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Turnaround Times Targeted in New MLC Risk Product, Technology Offer

MLC has announced it will release a new risk insurance product range in October that combines its current Protectionfirst and Personal Protection Portfolio offers.

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Pilot Program Designed to Speed up Underwriting

A new service designed to speed up the delivery of client medical reports to underwriters is currently being trialled in Sydney and Melbourne.

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PMAR Initiative Contributes to Asteron Growth

Asteron’s removal of mandatory Personal Medical Attendant’s Reports (PMARs) for all new applications has contributed to significant growth over the past six months, the company has said.

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Adviser Response to Unisex Rates - If it’s not Broken, Don’t Fix it

Vote Now!

Advisers have delivered a clear message in response to our latest riskinfo poll.  The question is:

Should Australia follow Europe’s lead in banning Male/Female insurance rates in favour of ‘unisex’ rates?

The overwhelming answer is:

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