Australian Complaints Body Flags ‘Systemic’ Industry Failures
The Australian life insurance sector continues to face systemic weaknesses in record keeping, policy design and claims handling according to the most recent Systemic...
Insurer Deploys Australian-First Claims Engine
Global insurtech provider, UnderwriteMe has launched its claims engine for Zurich Australia, marking the first implementation of the technology in Australia.
This latest development extends...
Aussie Risk Business Green Shoots, But Capacity Constraints Remain
There appear to be genuine signs of recovery in Australia’s retail life insurance sector according to industry specialist firm, NMG Consulting. But these green...
‘Significant Contraction’ in Aussie Adviser Workforce Flagged
Unlike New Zealand’s growing financial advice sector, in Australia hundreds of financial advisers are expected to exit the industry ahead of new education standards...
Latest Poll – Support Team Costs?
Economically it has been a tough couple of years with many industries feeling the pinch, but how are financial advisers faring, has your practice...
Australian Advice Firms Enter New Era of Talent Scarcity
Financial advice practices in Australia are facing the most competitive talent market in a decade, with new research revealing sharp increases in remuneration, surging...
Warning of Structural Change in Life Sector
Advisers across the Tasman have been cautioned that the life and health insurance industry in Australia is facing structural change driven by mounting mental...
Futurist Urges Advisers to Rewire Negative Thinking
Behavioural scientist and futurist Milo Wilkinson told a risk specialist dealer group conference in Australia that human behaviour is far more predictable — and...
TPD Payments Designed for Life, Gone in Three Years
Almost two-thirds of people in Australia who received a lump-sum TPD payment – that was designed to support them for life – spent it...