Monday, October 26, 2020

IFSO Scheme Welcomes New Chair

The Insurance & Financial Services Ombudsman Scheme (IFSO) has welcomed new Chair Sue Suckling. Suckling brings 25 years of public and private sector governance to the role and commercial and leadership experience, in sectors including science...

Asteron Life’s Mark Frecklington Killed in Tragic Accident

Mark Frecklington, Asteron Life’s Executive Manager, Life Distribution, died in a motorcycle accident near Taupo on Saturday 20th January 2018. The 65-year-old was critically injured after his motorcycle and a car collided on Whangamata Rd, Kinloch,...

Raft of Fidelity Life Appointments to Support Advisers 

Fidelity Life has boosted its adviser professional development with a key appointment and more new roles to come. The New Zealand-owned life insurer has appointed Trecia Brown to the newly created role of Head of...

Asteron Life Releases New Quote And Application Tool 

Asteron Life has released the second stage of its new quote and application tool for life insurance advisers, AsteronConnect. Tablet-friendly, the platform can be used on the go and is complete with underwriting capability, allowing...

Financial Services Council Appoints New Board

A new Board has been voted in at The Financial Services Council’s 2017 Annual General Meeting this week. Chairman Rob Flannagan said the new Board has a wealth of experience. “The team brings a keen focus...

Fidelity Life Awarded Life Insurance Company of The Year 

New Zealand-owned life insurer Fidelity Life has received the Life Insurance Company of the Year award at the 2017 New Zealand Insurance Industry Awards. The judging panel noted the insurer’s focus on adviser education and...

Fidelity Life Secures Major Shareholder 

Fidelity Life and NZ Super Fund have signed a conditional NZ$100 million investment. The proposal will see the Fund take a minimum NZ$100 million, 41.1% cornerstone stake in the life insurer. Fidelity Life CEO, Nadine Tereora said...

AIA Acquires CommInsure And Sovereign

AIA has announced it will acquire Commonwealth Bank of Australia’s insurance companies in Australia (CommInsure) and New Zealand (Sovereign) for AUD $3.8 billion. As part of the deal, AIA will enter into 20-year distribution agreements...