Money Management/DEXX&R announce 2015 Adviser Choice Risk Awards winners
Money Management once again teamed up with research house, DEXX&R, for the twelfth consecutive year to recognise excellence in the life/risk industry at the 2015 Adviser Choice Risk Awards.
Industry leaders were awarded gold, silver, and bronze across seven categories, with the awards presented at a special breakfast in Sydney this morning.
WINNERS AND FINALISTS
Adviser Choice Risk Company of the Year 2015
Gold — MLC
Silver — BT
Bronze — TAL
Adviser Choice Term & TPD Products 2015
Gold — MLC: Insurance Life Cover & TPD
Silver — AMP: Elevate Life & TPD Insurance Plan
Bronze — TAL: Accelerated Protection Life & TPD
Adviser Choice Trauma Products 2015
Gold — OnePath: OneCare Trauma Premier
Silver — MLC: Insurance Critical Illness Plus - EBO
Bronze — TAL: Accelerated Protection Critical Illness Premier
Adviser Choice Disability Income Products 2015
Gold — TAL: Accelerated Protection Income Protection Premier
Silver — MLC: Insurance Income Protection Platinum
Bronze — BT: Income Protection
Adviser Choice Risk Business Overhead Products 2015
Gold — Clearview: LifeSolutions Business Expense
Silver — BT: BT Business Overheads
Bronze — Macquarie Life: FutureWise Business Expenses
Inside Super
Adviser Choice Super Term & TPD Rider Product 2015
Gold — Kinetic: Kinetic Super - Personal
Silver — UniSuper: UniSuper Accumulation 1 - Personal
Bronze — Australian Ethical Super: Australian Ethical Retail Super Fund - Personal
Adviser Choice Super Disability Income Product 2015
Gold — MLC: MLC Insurance Income Protection Platinum Super
Silver — BT: BT Super Wrap Income Protection
Bronze — OnePath: OneCare - Income Secure Basic Super
Congratulations to all the winners.
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Policy and advocacy specialist Benjamin Marshan has left the Council of Australian Life Insurers after less than a year, having joined in March from the Financial Planning Association of Australia.
The declining volume of risk advisers meant KPMG has found a rising lapse rate for insurance policies arranged by independent financial advisers, particularly in the TPD and death cover space.
The Life Insurance Code of Practice has transferred from the Financial Services Council to the Council of Australian Life Insurers.
The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market and risk adviser numbers.
