Podcast News Wrap For 26 January 2021

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Cigna Extends Discount Offer

Cigna’s multi-benefit discount, first announced last September and due to end on January 31, is being extended until February 28, says the firm. The discount means clients may be eligible for a discount of up to 7 per cent when they purchase at least $200,000 of Life, or an equivalent amount of Life Income Cover, alongside at least one additional qualifying benefit from the firm. The discount applies to customers taking out new cover.

And Cigna has appointed Karen Ward as its new Head of Claims and Nicci Johnston to Head of Customer Care, both started their new roles on 18 January and each has been working in the insurance sector for more than 20 years.

Poll result

In last week’s poll we asked if you support the FMA’s decision to allow advisers based in Australia to service clients in New Zealand. There’s still time to cast your vote, but the current tally shows that 84 per cent disagree with the decision, 11 per cent support the FMA, and per cent aren’t sure.

Share & Newpark

Tony Dench, the CEO of SHARE, says its amalgamation with Newpark Group provides Newpark’s advisers with an option to operate under a company FAP license if they wish to do so. Speaking in a company video he says the firm will continue to champion the independence of advisers, and will offer them support to run their business as they choose.

Southern Cross

Trialling new healthcare initiatives are key for Southern Cross Health Society this year says its CEO Nick Astwick. Speaking at the organisation’s AGM, Astwick said there is no question the society must continue to innovate.

“We want to challenge the way health services are provided to deliver better value and healthcare to members,” he said.