{"id":54706,"date":"2021-03-17T11:25:36","date_gmt":"2021-03-17T01:25:36","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=54706"},"modified":"2021-03-25T18:31:09","modified_gmt":"2021-03-25T08:31:09","slug":"2020-life-company-of-the-year-announced","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2021\/03\/17\/2020-life-company-of-the-year-announced\/","title":{"rendered":"2020 Life Company of the Year Announced"},"content":{"rendered":"<p>TAL has again taken out the top honours in the Plan for Life\/AFA 2020 Life Company of the Year Awards, the fourth year in a row the company has been awarded the Platinum title.<\/p>\n<p>The Platinum Award runners up for the 2020 Life Company of the Year are:<\/p>\n<ul>\n<li>AIA Australia<\/li>\n<li>MLC Life Insurance<\/li>\n<li>NEOS Life<\/li>\n<\/ul>\n<p>Notably, in the Underwriting Team of the Year category the winner, NEOS, and the two finalists, Integrity Life and MetLife, are either new entrants or a recently returned entrant to the retail life insurance sector.<\/p>\n<figure id=\"attachment_42518\" aria-describedby=\"caption-attachment-42518\" style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2018\/10\/Michael-Nowak.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-42518\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2018\/10\/Michael-Nowak.jpg\" alt=\"\" width=\"150\" height=\"181\" \/><\/a><figcaption id=\"caption-attachment-42518\" class=\"wp-caption-text\">Michael Nowak&#8230;these companies have risen to meet the challenges presented by the current pandemic&#8230;<\/figcaption><\/figure>\n<p>AFA National President <strong>Michael Nowak<\/strong> congratulated TAL on being awarded the title \u20182020 Life Company of the Year\u2019 and also paid tribute to the runners up \u201c\u2026and all the winners and finalists in other categories who have truly stepped up in an extraordinarily difficult environment\u201d.<\/p>\n<p>\u201cThese companies have risen to meet the challenges presented by the current pandemic and continue to deliver superior products and services to financial advisers and their clients,&#8221; he says.<\/p>\n<p>AFA partners with Plan for Life,<em> Riskinfo<\/em> and Beddoes Institute on the Life Company of the Year Awards, which celebrate excellence in service, product and support delivered to advisers and their clients. The awards are the leading annual recognition for retail life insurers, annuities and investment bond providers in Australia.<\/p>\n<p>Plan for Life provides the benchmarking research for the life insurance, annuity and investment bond product awards and its Regional Managing Director, <strong>Rael Solomon<\/strong>, said that while 2020 was a difficult year for the life insurance market \u201c\u2026life insurers have continued doing their best to support advisers through increased training efforts, maintained high levels of service for both advisers and customers and kept a high profile through advertising their products&#8221;.<\/p>\n<p>In the Client Service Team Awards, NEOS won both the Underwriting Award, and the BDM\/Business Support Award, while OnePath took home the Claims Award. Beddoes Institute\u2019s Adviser Survey underpins the three key team-based awards.<\/p>\n<p><strong>Rebecca Sheils<\/strong>, Director of the Beddoes Institute, said that its research findings from financial advisers indicate that the new insurers have made significant gains across Underwriting and their BDM teams.<\/p>\n<p><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/03\/210317-AFA-Life-Co-Awards-v2-002.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-54708\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/03\/210317-AFA-Life-Co-Awards-v2-002.png\" alt=\"\" width=\"637\" height=\"804\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2021\/03\/210317-AFA-Life-Co-Awards-v2-002.png 637w, https:\/\/riskinfo.com.au\/news\/files\/2021\/03\/210317-AFA-Life-Co-Awards-v2-002-238x300.png 238w, https:\/\/riskinfo.com.au\/news\/files\/2021\/03\/210317-AFA-Life-Co-Awards-v2-002-333x420.png 333w\" sizes=\"auto, (max-width: 637px) 100vw, 637px\" \/><\/a>Platinum winners since the inception of this Award have been:<\/p>\n<p>2019 TAL<\/p>\n<p>2018 TAL<\/p>\n<p>2017: TAL<\/p>\n<p>2016: BT Financial Group<\/p>\n<p>2015: BT Financial Group<\/p>\n<p>2014: TAL<\/p>\n<p>2013: CommInsure<\/p>\n<p>2012: TAL<\/p>\n<p>2011: TAL<\/p>\n<p>2010: TOWER\/CommInsure (Joint winners)<\/p>\n<p>2009: CommInsure<\/p>\n<p>2008: Asteron\/Aviva (Joint winners)<\/p>\n<p>2007: CommInsure<\/p>\n<p>2006: AXA<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAL has again taken out the top honours in the Plan for Life\/AFA 2020 Life Company of the Year Awards, the fourth year in a row the company has been awarded the Platinum title. The Platinum Award runners up for the 2020 Life Company of the Year are: AIA Australia MLC Life Insurance NEOS Life [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":54715,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282,259],"tags":[],"class_list":["post-54706","post","type-post","status-publish","format-standard","has-post-thumbnail","category-associations","category-breaking"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/54706","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=54706"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/54706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/54715"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=54706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=54706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=54706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}