Sunday, February 23, 2020

Company news

Strong Take-Up of Partner’s Life Adviser Support Programme

Take-up of Partners Life Adviser Support Programme has been strong since its launch just over a year ago. The programme, designed to help adviser business...

New Call to Reform the Disability Insurance Sector in Australia

Australia’s $5 billion disability income insurance sector needs urgent reform, according to the country's Actuaries Institute, noting that failure to implement significant changes “...will...

Asteron Life Responds to Coronavirus Challenge

The Coronavirus (2019-nCoV) outbreak has led to Asteron Life wanting additional information from people applying to them for cover. The change applies to applicants who...

AIA Launches New Support Programme for Financial Advisers

AIA has launched a new adviser support programme to help reduce the pressure of incoming regulatory changes and help them improve client communications. Called Apollo...

Cigna Corp to Sell Life Business

Cigna Corp is selling its group life and disability insurance business for US$6.3 billion (NZ$9.84 billion) to New York Life. Completion of the sale...

Churning Penalty for AMP

The Australian Federal Court has ordered AMP to pay a AU$5.175 million (NZ$5.41m) penalty after it found the insurer failed to take reasonable steps...

Plus4 Adds to Its Dunedin Team

Dunedin adviser Tom West (pictured) has joined Plus4 Insurance Solutions. The registered financial adviser began working as an insurance adviser with a life and...

ClearView to Cease Agreed Value IP in Australia

ClearView Wealth in Australia is discontinuing the sale of Agreed Value income protection insurance contracts from 31 March 2020. The insurer made the announcement in...

Why Kiwis are Holding on to Their Private Health Insurance

More Kiwis are hanging on to their medical insurance for fear they won't be looked after by the public health system says Roger Styles,...