ANZ Wealth introduces new initiatives as it faces industry challenges
ANZ Wealth has announced a series of initiatives to its OnePath solution to positively support funds and their members ahead of life insurance sector changes.
Head of life insurance, Gerard Kerr, said the sector is at a critical juncture, and that ANZ Wealth has identified a number of ways to face the changing landscape of life insurance.
The initiatives include:
- Dedicating more resources to lead its mental health and wellness strategy plan;
- Running health portal pilots for Group schemes;
- Caseworks early claims engagement program; and
- Health coaching to improve client’s health.
“We are not looking for a silver bullet to solve the challenges of the sector,” said Kerr. “This is going to take time, but by putting a series of initiatives in place, we can build on this work and better support clients through the changing landscape.”
Kerr said continued investment in OnePath remained a priority.
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