Monthly Archives: November 2019
New CommInsure Gift Offer
CommInsure has launched a campaign in the form of gift voucher offers for new customers.
Effective from 1 November 2019, the insurer is offering two 'Take Your Pick' gift vouchers to the value of $75...
AdviserLogic Releases Reimagined Digital SoA Production Suite
AdviserLogic has released a reimagined digital SoA production suite which CEO, Daniel Gara, says has "thrown off the shackles of old-fashioned SoA production”, replacing it with a system that is designed for maximum compliance...
OnePath Wins Award for Claims Technology
OnePath has won the Community Innovation Trailblazer Award with its group insurance claims technology, at the annual Salesforce Dreamforce 2019 conference.
The award shines international recognition on OnePath’s use of data analytics and AI to...
ASIC Bans Perth Adviser
ASIC has banned Perth-based financial adviser, Lawrence O’Neill, from providing financial services for four years, following an ASIC surveillance of O’Neill’s activities when he was an authorised representative of Godfrey Pembroke Limited, owned by National...
Making Compliance Work For You: The Elements of Valuable Life Insurance – Part 2
In this the second of a three-part series, BT’s Crissy Demanuele considers more of the fundamentals of life insurance advice through the lens of regulation and compliance. She pays particular attention to ASIC’s October...
Insurers Support QLD, NSW Bushfire Victims
A number of life companies have offered their support to those affected by the bushfires in Queensland and New South Wales, in the form of premium waivers and donations to charity.
AIA Australia/CommInsure
AIA and CommInsure...
TAL Announces Regtech Solution for Phone-Based Sales Calls
Life insurer TAL has partnered with Deloitte to deploy a regtech solution which it states is part of its ongoing commitment to ensuring positive consumer outcomes.
Using artificial intelligence and voice recognition, the insurer said...
FASEA Exam Results Not Inspiring Confidence
The high pass rate experienced in the first two FASEA Adviser Exam series doesn't necessarily appear to have bolstered confidence among many advisers who are yet to sit the exam.
As we go to press,...
Specialist Risk Adviser Numbers Continue to Decline
Risk specialist advisers are becoming an 'industry niche', according to latest research released by Investment Trends.
This is one of the key findings published in the research firm's comprehensive 2019 Planner Risk Report, released this...
CommInsure Pleads Guilty to Hawking Offences
CommInsure has pleaded guilty this week to 87 counts of offering to sell insurance products in the course of unlawful, unsolicited telephone calls.
This announcement was made by ASIC, in which the regulator detailed that...