Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....

Individual disability income insurance as the worst hit risk product at a loss of $1.4 billion over the year to March 2020, according to data. ...

The efforts of many clients and their life/risk advisers to write Agreed Value income protection cover before the 1 April deadline were stymied by the job COVID-19 job lo...

Private equity firm, TA Associates has signed a strategic growth investment in commercial insurance broker, Honan Insurance Group....

Consumers of all ages are adopting a “millennial mindset” and established insurers must digitise and draw upon partners to retain market share from bigtech entrants. ...

Data needs to be collected on the fees paid to lawyers on group life insurance claims, according to the Association of Financial Advisers....

New research has revealed that many Australians would ditch their life insurance cover while maintaining house and car insurance if faced with financial distress....

The risk for people seeking early access to their superannuation is that they will drive their balances so low that they lose their insurance access....

Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....

It appears the timing of the Government’s changes to insurance inside superannuation could not have come at a worse time....

Confronted by almost record levels of inquiries to call centres, superannuation fund executives have again canvassed extending the scope of intra-fund advice. ...

Ben Walsh, current chief executive for Mercer in Australia and New Zealand, will start in the new role on 1 June, 2020. ...

AMP has signalled its preparedness to help advisers and clients through the COVID-19 crisis including insurance premium suspensions in some circumstances. ...

Fitch Ratings has announced its first-time ‘BBB’ rating for ClearView Wealth to reflect its poor recovery prospects in the event of a default. ...