Friday, March 29, 2024

Asteron Life Product Enhancements

Attracting strong reader interest this week was news that Asteron Life has updated its personal and business insurance products, with the firm saying changes have been made on the back of customer and adviser...

Aussie Regulator Wants More Transparency

In Australia, insurers are being challenged by the regulator (APRA) to increase transparency, with its Executive Director of Insurance Sean Carmody saying a more transparent industry is a more trusted industry. In a speech, where...

Chubb Changes Non-Resident Application Requirement

Changes to Chubb's eApp means the requirement for non-residents to provide a copy of their visa when applying for cover has been removed. The firm's GM - Distribution Chris Hand says instead of supplying a...

Just 20% of Kiwis Have IP Insurance

Only 20% of New Zealanders have insured their income against sickness or disability says the FSC in its Perception Gap report. Its research suggests consumers don’t like to talk, or think about, the things that...

Move to Modernise Insurance Law

A Member’s Bill drawn this week could modernise insurance law and make things fairer and more transparent for consumers says Labour Party MP Duncan Webb. The former insurance lawyer says his Insurance Contracts Bill will...

One Month Free from AIA

AIA says its offer of one month's free premium is due to close on 17 May 2024. The offer began 15 January and applies to any new eligible AIA policy issued by 17 June...

The Risks of Marketing a Service as ‘Free’

GUEST COLUMNIST – TONY VIDLER In a world where nothing is really 'free', and with consumers being more switched on and connected than ever before, why do so many advisers use 'free' to market their...

Key Life Distribution Appointment at Asteron Life

Asteron Life has appointed Tony Arthur to the role of the Executive Manager Life Distribution. Executive General Manager Life Grant Willis says Arthur has a wealth of experience in strategic distribution leadership roles in financial...

FSC’s CEO to Take Reins at Australian Association

The CEO of the Financial Services Council Richard Klipin has been announced as the incoming chief executive of Australia’s National Insurance Brokers Association. Klipin announced his resignation from the FSC in February 2024 and he...

Partners Life Funds $500,000 For New Mental Health Programme

Partners Life is providing major funding for a new mental health treatment programme gifting $500,000 to the trust operating the new Whakamātūtū Wellington Depression Recovery Centre. The insurer says the funding is to facilitate hardship...