Events: Life Insurance Health & Wellness Awards 2019 and introducing the inaugural Longevity Cover Awards 2019.
Date: Thursday 17th October, 2019
Time: 11am - 2pm
Venue: Museum of Contemporary Art Australia, Quayside Room, 140 George Street, The Rocks, Sydney NSW. Entrance is on Circular Quay West.
Program: Arrival drinks, three-course lunch, networking opportunities and Awards Presentation. Guest panel discussion on the topic of “Delivering brilliant customer outcomes through scalable health and wellness initiatives.”
For individual attendees, please book your seat here.
For companies who are participants in the awards, please contact us directly to confirm attendee details.
Health & Wellness Awards
2nd Annual Health & Wellness Awards 2019
The Life Insurance Health and Wellness Awards recognise Life Insurance company 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-focused approach. We have developed a methodology to compare “Health and Wellness” initiatives. The pinnacle of this research is the Life Insurance Health & Wellness Awards.
Health & Wellness Award categories include:
Devices & Health Tracking
Discounts & Healthy Living Rewards
Physical & Mental Health Support
Ongoing Medical-Tested Health Discount
Rehabilitation & Claims Support
Through an industry consultation process with Life Companies and Advisers, using a proprietary holistic benchmarking process covering 7 key factors: (1) Devices, Tracking & Reward Conditions, (2) Premium Discounts & Healthy Living Rewards (3) Physical & Mental Health Support (4) Rehabilitation & Claims Support (5) Long-Term Medically-tested Health Discounts (6) Participation Conditions, and (7) Outcomes Experience showing the effectiveness of programs based on sales, retention, claims metrics and other related data. More details on underlying factors.
Longevity Cover Awards
Introducing the inaugural Longevity Cover Awards 2019
During the last 5 years there has been increased focus by Australian life companies and fund managers in designing products to assist retirees in meeting the challenges of longevity. Longevity in this context simply means ‘life expectancy’. Products currently on offer to retirees, specifically designed to meet some part of longevity risk, can be defined as “Longevity Cover”.
To highlight the importance of Longevity Cover, especially to advisers and dealer groups, and to raise market awareness for retirees of the range of products available, we are launching new benchmarking research and annual awards recognising excellence and best practice by providers of Longevity Cover, including product offers that are specifically designed to meet some part of retiree longevity risk, in particular annuities, guaranteed pensions, allocated pensions, investment bonds and other investments.
Longevity Cover Award categories include:
Product - Best practice in meeting clients’ Longevity Cover Needs
Intermediaries- Best practice in the training and support of intermediaries advising retiring clients
Clients - Best practice in analysing client needs and proposing Longevity Cover solutions
Innovation - Most innovative product, product feature or support service
Overall Award - Longevity Provider of the Year – best practice when measured across the underlying factors.