AFA/PFL Life Company of the Year Award given to CommInsure
The Association of Financial Advisers (AFA)/Plan for Life (PFL) have named CommInsure 2013 Life Company of the Year.
CommInsure also won the Investment Bond award at a premier event held at the Westin Hotel in Sydney.
“CommInsure continues to demonstrate its commitment to financial advisers, adviser practices and their clients, and the AFA highly commends CommInsure as the 2013 AFA Platinum Award winner,” AFA CEO Brad Fox said.
Fox said the award finalists showed the industry was encouraging Australians to plan for the unexpected and boost their levels of protection.
“The awards process includes a thorough analysis of the life companies within Australia, ensuring the recognition of premier service and product solutions that best provide for the insurance needs of Australians and the financial advisers that service them,” he said.
Macquarie Life took out all three client service team awards: Underwriting Team of the Year, Claims Team of the Year and Business Support Services/BDM Team of the Year.
The Innovation Award went to AIA.
“The AFA’s theme for 2014 is Innovate: Think, Create, Act, so we are very excited to see how the AIA Vitality initiative has challenged the fundamental way insurance connects with consumers,” Fox said.
Recommended for you
With HNW investors representing the largest market for alternative assets, Praemium and CoreData research underscores why this presents a compelling opportunity for advisers.
Having completed the successful integration of Diverger, Count has upgraded its forecast for expected synergy benefits achieved by the acquisition by a third.
Australia’s largest licensee has seen the biggest number of adviser losses over the past week, while the expected wave of new entrants has boosted overall adviser numbers.
Iress has increased its forecast adjusted EBITDA by $5 million for the 2023/24 financial year in light of the sale of its platform business to Praemium and hinted at a return to dividend payments.