Category | Underwriting

Zurich Lifts Underwriting Performance

Zurich has announced it has experienced an 87 percent uplift in point of sale acceptance for applications submitted electronically via its Zurich Adviser Portal. (more…)

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0 · October 11, 2019 in Underwriting  
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MLC Life Insurance Halves Underwriting Approval Times

Reinsurer, Pacific Life Re, reports that MLC Life Insurance has halved the time it takes to assess and admit a customer’s life insurance application. (more…)

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0 · July 16, 2019 in Company News, Underwriting  

OnePath Underwriting Update

Following its transition to a new owner, OnePath says it is continuing to invest in its in-house underwriting engine. (more…)

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0 · July 2, 2019 in Underwriting  
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New Underwriting Platform Halving Approval Times

MLC Life Insurance reports its new digital underwriting platform has delivered ‘…a dramatic reduction in the time it takes for its customers to receive cover.’ (more…)

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0 · April 18, 2019 in Technology, Underwriting  

Top Marks for OnePath’s New Underwriting Engine

ANZ Wealth has released the results of a recent survey which has delivered an ‘Excellent’ rating for its new underwriting engine. (more…)

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0 · February 1, 2019 in Company News, Underwriting  

NEOS Introduces Online Alteration Capability

NEOS Life has launched an online alteration capability to its services and in its first phase will provide the ability for advisers to transfer the ownership of an existing policy inside, or outside of superannuation, using the same application process as for new business. (more…)

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0 · December 11, 2018 in Products, Services, Superannuation, Technology, Underwriting  
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MLC Life Names New Chief Underwriter

MLC Life has named a new Chief Underwriter as part of a round of appointments aimed at expanding the operational capability of the life insurer. (more…)

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0 · December 4, 2018 in Company News, Uncategorized, Underwriting  

NEOS Exceeds Target For Underwriting Decisions

New life insurance entrant, NEOS Life has announced that it made more than 86 percent of underwriting decisions within three working days, exceeding its own target of 80 percent set at launch in June of this year. (more…)

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4 · November 27, 2018 in Products, Services, Underwriting  
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CommInsure Updates Application Tool With Alternative Terms

CommInsure has made a number of enhancements to its policy application tool including the launch of Alternative Terms and updates to its client management system. (more…)

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0 · November 27, 2018 in Technology, Underwriting  

Revised FSC Life Code to Cover All Distribution Channels

The Financial Services Council (FSC) has released a draft of the second version of its Life Insurance Code of Practice (LICP) which it intends will apply to all distributors of the products of a life insurer. (more…)

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0 · November 13, 2018 in Associations, Claims, Compliance & Regulation, Products, Remuneration, Services, Underwriting