Limits Raised for Insurance Ombudsman Investigations
The Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) has increased its financial threshold for consumer complaints covering insurance claims and other financial services/products.
Its...
Chubb Life Publishes Top-Line Claim Data
Chubb Life, formerly Cigna, has released its top-line claim data for 2022 saying it paid 93% of all claims received.
For life cover, most of...
Key Appointments at Fidelity Life
Fidelity Life has made senior appointments in two areas of its business as the firm focuses on its adviser channel.
Leigh Bennett has been promoted...
Nib’s Top Five Medical Claims for June
A heart operation on a 72-year-old man costing $113,000 topped nibs' list of its five most expensive claims for June.
Altogether, the list includes three...
Common Practice May Not be Best Practice
GUEST COLUMNIST – TONY VIDLER
Just because a methodology has become the accepted norm, it does not automatically translate into that being the best way...
FAPs Are Making Hard Work of Compliance
Our report that most FAPs are over-complicating the job of meeting their regulatory compliance obligations struck a chord with Riskinfo readers this week...
Most FAPs...
Claims Data Published by Partners Life
The most popular story published by Riskinfo this week was our report on the $1bn Partners Life has so far paid its policyholders...
Partners Life...
New CEO at Fidelity Life
Fidelity Life has appointed Campbell Mitchell as its new CEO. He will join the firm in October from Suncorp New Zealand, where he is currently...
Fidelity Life Extends Cancer Support
Fidelity Life’s group trauma insurance customers and their employees can now access Cancer Coach, a personalised cancer support service.
The offer builds on the firm's...