Monthly Archives: August 2022
MLC Life Insurance Reappointed as Group Insurer
MLC Life Insurance has been reappointed as group insurer for a large industry fund.
A statement from the company says it has been reappointed as Maritime Super's group insurer effective 1 July 2022 and “…will...
ASIC Remediation Update – Freedom Insurance
ASIC has now secured over $102 million in remediation for around 83,600 customers who were, or may have been, mis-sold insurance policies over the phone by Freedom Insurance between 2010 and 2018.
A statement from...
Cutting Costs Part of the Answer – Poll
Our latest poll results suggest cutting expenses by 20-25% may represent at least a part of the solution when it comes to sustaining risk specialist advice businesses.
As we go to print, around one in...
AIA IP CORE Update – Best Interests Challenge
For the second week running, a product report receives our nod for Story of the Week due to the interest it has generated in a conversation around what constitutes a client's best interests when...
Health, Wellness and Recovery Service Launched – MLC Life Insurance
MLC Life Insurance has launched its Vivo health, wellness and recovery service, designed to provide support to customers wanting to improve health and wellbeing throughout all their life stages.
A statement from the insurer says...
New Alliance for Bombora Advice and MBS Insurance
Bombora Advice partner MBS Insurance has obtained its own AFSL but the two firms will continue the relationship, with MBS accessing all Bombora’s B2B wholesale services and facilities.
In congratulating MBS, Bombora Founder and Managing...
AZ NGA Latest Partnership
Professional services utility, AZ Next Generation Advisory and national financial advisory business, Invest Blue, have joined forces to co-invest in Australian-owned, Philippines-based paraplanning and back-office solutions provider, Virtual Business Partners.
The companies says that under...
Risk New Business Sales Mark Time
While latest data reports an overall rise in life insurance risk premium inflows, individual new business sales remain flat.
This assessment is based on Plan For Life's Risk Premium Inflows and Sales Overview for the...
New Head of Sales at NEOS
NEOS has appointed Harry Georges as its new Head of Sales replacing Charl du Plooy who has been appointed Head of Culture and Performance.
NEOS says Georges bring a wealth of experience in the retail,...
Advisers Signal Bigger Spend on Technology – Survey
Advisers are increasingly turning to integrated technology solutions and have signalled their intentions to increase what they spend on technology, according to a new report.
Research firm Investment Trends’ latest 2022 Adviser Technology Needs Report,...