MEDIA RELEASES
PRODUCT UPDATES
OCTOBER 2018 The 5th Annual Strategic Insight - Direct Life Insurance Awards 2018 was held on Thursday 18th October 2018 at the Sydney Museum of Contemporary Art and included music, lively debate on social media with Rob Carlton and Justin Hamilton, three-course dinner, networking and Awards presentation.
OCTOBER 2018 Life Insurance companies have implemented programs designed to impact beneficially on the health and wellness of customers. It’s a mutually beneficial outcome for policy holders and for Life companies that follow a customer-centric approach. Strategic Insight has developed a methodology to compare “Health and Wellness” initiatives. The pinnacle of this research is the Strategic Insight - Life Insurance Health & Wellness Awards!
MARCH 2018 All the results of the Life Company of the Year Awards, hosted by the Association of Financial Advisers (AFA) supported by Strategic Insight, were announced on 15th March 2018. The Awards are based on underlying independent Risk Benchmarking research by Strategic Insight. Winners announced.
MARCH 2018 The Life Insurance Individual Risk Market (Retail) is going through some major changes. Strategic Insight has reviewed how the Australian Life Insurance market has evolved over the last 10 years, and where it's going over the next 10 years.
DUE APRIL 2018 New Life Insurance Quarterly Review will focus on short term trends over the last 1-3 years. It will include commentary and supporting data tables for the overall market and full company reviews for three major Life Insurance companies each issue.
MARKET INTEL
The largest of its kind in Australia, MetLife’s most recent client study has found that clients want personalised, tailored advice, and regularish contact.
Australian advisers are still predominantly male, with varying (lowish) numbers of female advisers at the different licensees.
ANZ releases new underwriting engine
CommInsure product updates
TAL product updates
Zurich and Oxford join income protection study
ClearView launches LaVista Licensee Solutions
ASIC now able to hire outside the box
FSC issues revised code draft
FASEA still working on details of education standards framework
NOVEMBER 2018 Survey Results of Australian Life Insurance company attitudes, towards the possible future use of predictive genetic information for Life Insurance.