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Life/Risk
In the latest step of the acquisition, AIA Australia will notify CommInsure policyholders of their transfer to the life insurer which is subject to the Federal Court of A...
Financial planning
The Commonwealth Bank has been hit with another class action – this time involving CommInsure products recommended by Commonwealth Financial Planning and Financial Wisdom...
Financial planning
After stepping aside from running the day-to-day business of Synchron, director Don Trapnell has clarified his role and the future transition plan for the company....
Life/Risk
No new CommInsure Protection products business will be written after 31 March, as part of the streamlining process being undertaken by AIA Australia....
People & Products
Martyn Gilling has been appointed by Pacific Life Re Australia as head of client solutions....
People & Products
The man who has been the face of risk-focused Synchron, Don Trapnell, says he is stepping back from the day to day running of the business....
Life/Risk
Lowers sales through advice channels have helped contribute to life/risk new sales reaching a five year low, according to new data released by Dexx&r....
Financial planning
Colonial Mutual Life Assurance Society, trading as CommInsure, has been convicted of 87 counts of life insurance hawking after pleading guilty last week....
Life/Risk
CommInsure will refund $12 million for unfair life insurance telephone sales to around 30,000 customers....
Life/Risk
AIA and the Commonwealth Bank have translated the CommInsure acquisition into a 25-year distribution arrangement....
Life/Risk
CommInsure has been charged by the Australian Securities and Investments Commission for offering to sell life insurance products via non-compliant unsolicited phone calls...
Life/Risk
The Australian life insurance sector has never been more dominated by the big five life insurers but sales are decreasing, according to the latest data from Dexx&r....
Life/Risk
The Commonwealth Bank has reset key elements of the transaction around the sale of CommInsure to AIA Australia, including a $150 million reduction in the sale price....
Financial planning
New sales of individual life risk have reached their lowest value over the last five years, falling 11 per cent from $1.3 billion to $1.1 billion over the 12 months to Ma...
Life/Risk
The Royal Commission has heard that CommInsure ran misleading and deceptive ads, with Commissioner Kenneth Hayne QC suggesting its reprimand by ASIC for doing so was ligh...
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Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...