MEDIA RELEASES
PRODUCT UPDATES
AUG 2017 The 4th Annual Direct Life Insurance Excellence Awards will be held on Tuesday 17th October 2017 in Sydney. It will include a panel discussion on "Personalised Marketing at Scale", with industry leaders, moderated by a professional and amusing MC, delicious lunch and drinks, networking opportunities and Awards presentation. Register Now!
MAY 2017 Direct Life Insurance Report covers Analysis of Market Trends, Market Share Statistics, Direct Risk Lapses and Persistency, Forecast of the Direct Risk Market, Premium Comparison Analysis and Benchmarking of Policy Terms and Conditions for Life, Trauma, TPD, Accidental Death, Income Protection and Funeral insurance products.
APRIL 2017 Life Insurance approved product list research assists Licensees and their investment and product committee with their internal research process. Licensees can develop and utilise Strategic Insight's benchmark methodology to identify which products are suitable for inclusion on the APL by taking into account a range of factors. This process supports decision making when considering and reviewing the suitability of an insurance product/provider for inclusion on the APL.
MARCH 2017 BT Financial Group has won the Strategic Insight / AFA Life Company of the Year 2016 overall Platinum Award, based on underlying independent Risk Benchmarking research prepared by Strategic Insight and provided to Licensees, based on factors of market share, financial strength, premium rates, policy definitions and product features and customer service input from advisers and Licensees.
MARCH 2017 Software comparison tools for Life Insurance premium rates covering Advised Risk and Direct Risk products. Products types include Term, TPD, Trauma and Income Protection. Results are presented in exportable tabular format and with graphical comparisons. Product features, definitions and scoring are presented, based on our unique Risk Benchmarking, used by Licencees for approved product list construction.
MARKET INTEL
A new survey has revealed how working-age Australians feel about their financial situation.
Zurich’s latest paper points to the future of financial advice.
- AIA Priority Protection expands availability
- New insurance professionals CPD app
- AIA launched door-to-door insurance service
- ANZ launches new trauma option
- MLC to expand Best Doctors service
- New Prime business division
- AFA announces counselling services
- MS&AD buys Challenger stake
- Huddle uses technology to pay claims faster and tackle fraud
- APRA inquiry into CBA
MLC appoints chief underwriter
AFA announces finalist and semi-finalists for awards
MAY 2017 Usability Consulting is a user experience (UX/CX) consulting service developed for the Australia Life Insurance market, based on a UX audit of Life Insurance adviser portals, public adviser websites and quotation software. We measure and benchmark how effectively common and specific user goals and objectives are being met, and how this relates to Life company omni-channel strategic goals.