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Court Approves Zurich’s Acquisition of ClearView
The Supreme Court of New South Wales has approved the scheme of arrangement under which Zurich Financial Services Australia will acquire all of the shares in ASX-listed ClearView Wealth, paving the way for the...
Zurich Clears Hurdle to Acquire ClearView
Zurich has cleared a major regulatory hurdle in its proposed takeover of ClearView Wealth, after the Australian Competition and Consumer Commission (ACCC) approved the deal during phase one of its review.
The ACCC clearance condition...
ACCC to Scrutinise Zurich-ClearView Deal
The Australian Competition and Consumer Commission is seeking industry feedback on Zurich’s plan to acquire 100% of ClearView Wealth and has circulated a questionnaire to industry participants, inviting submissions by 30 April.
The commission is...
ClearView Wealth Completes Policy Digitisation
ClearView Wealth has moved its in-force life insurance and closed book portfolios to cloud-based administration firm Equisoft.
“The complexity of migrating decades of policy data from our legacy system cannot be overstated,” said Michael New,...
Zurich to Acquire ClearView Wealth
Zurich has announced it is intending to acquire ClearView Wealth Limited (ClearView), the parent company of ClearView Life Assurance. The proposed acquisition has received the unanimous recommendation of ClearView Directors, states Zurich.
If the transaction...
ClearView Completes Major Platform Migration
ClearView Wealth has completed the migration of its in-force life insurance portfolios to a new cloud-based platform.
The new system consolidates all the firm’s life insurance administration onto a single system, removing duplication, streamlining processes,...
ClearView Underwriting, Trauma Update
ClearView has introduced a revised framework for mandatory medical underwriting requirements across its product range. These changes, says the firm, aim to provide greater clarity and consistency for advisers and clients during the application...
ClearView Head of Underwriting Appointed
ClearView’s new Head of Underwriting is Peter Tilocca, who has an underwriting career in life insurance spanning more than 20 years.
The firm states Tilocca is widely accepted as a thought leader in advancing underwriting in...
Adverse Claims Impacting ClearView’s Profits
ClearView's after-tax profits were down $15.2m (22%) in the six months to 31 December 2024 when compared to the prior corresponding period. However, the figure includes a $6.2m claims related loss the firm considers...
ClearView Leadership Appointments
ClearView has announced changes to its Executive Leadership Team, with the appointment of Michael New to the role of Chief Technology Officer, Ash Bhalerao, ClearView’s Appointed Actuary, joins the Executive Leadership Team, and the...