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Group life counts cost of suicide and mental illness

WEBMental illness-related total and permanent disability (TPD) claims cost $147.9 million, with an average cost per claim of $82,960. Mental illness and suicide …

Actived: Just Now

URL: https://www.insurancenews.com.au/life-insurance/group-life-counts-cost-of-suicide-and-mental-illness

‘Room for improvement’ despite 100% medical definitions …

WEBThe Life Code Compliance Committee has made seven recommendations for the industry to keep products up to speed with medical definitions that reflect current …

Category:  Medical Go Health

Amelio Health selected for Global Insurance Accelerator program

WEBSydney-based Amelio Health says it is the only Australian company selected for the 2024 Global Insurance Accelerator (GIA) program, which provides seed funding, …

Category:  Health Go Health

TAL introduces wellness program

WEBTAL has joined the ranks of life insurers with wellness programs, launching its Health Sense: Fit For Life scheme. The program will offer lifetime discounts to reward …

Category:  Health Go Health

Axa sells its health insurance business

WEBAxa sells its health insurance business. 11 June 2002. A major new player in the health insurance market took centre stage last week when Axa Asia Pacific finally …

Category:  Health Go Health

Insurance News event: Where is Insurance Going

WEBEnhance your understanding of the global and national insurance industries at this insightful full-day conference packed with informative and thought-provoking …

Category:  Health Go Health

Insurers urged to 'obsess' over innovation

WEBInsurers urged to 'obsess' over innovation. 25 January 2022. Consultancy Accenture has listed five key trends it believes will shape the insurance industry this year as the …

Category:  Health Go Health

Report calls out 'mental health discrimination' by life industry

WEBA report from the Public Interest Advocacy Centre (PIAC) released today says the life insurance industry continues to engage in discriminatory practices against people …

Category:  Health Go Health

Medibank joins Hollard and Swiss Re in life launch

WEBMedibank Private has engaged Hollard Insurance and Swiss Re to administer the first life insurance product to be offered by Australia’s largest private …

Category:  Health Go Health

AIA offers incentive for wellbeing program

WEB15 April 2024. AIA has introduced rewards to encourage deeper engagement with its Vitality health and wellbeing program. From this month, the life insurer will offer customers and …

Category:  Health Go Health

Rhodian launches A&H underwriting specialist

WEB29 January 2024. Agencies accelerator Rhodian Group has launched accident and health (A&H) specialist Batch Underwriting, the second business it has introduced to the …

Category:  Health Go Health

Open, ahm agree car and home cover partnership

WEBHollard-backed insurtech Open will administer two new general insurance products for health insurer ahm. Sydney-based Open will manage everything from …

Category:  Health Go Health

Munich Re CEO chosen

WEB02 December 2019. Munich Re has promoted Nicolas Carro to Life & Health CEO of Australasia, with responsibility for operations in Australia and New Zealand. He was …

Category:  Health Go Health

Arch names A&H manager

WEBArch Insurance Australia has appointed Lucy Wood as its new Northern Region Manager for its Accident and Health portfolio. Ms Wood will oversee the firm’s …

Category:  Health Go Health

Huddle owner achieves 'big, big raise' to support expansion plans

WEBInsurtech Open has raised $31 million in new capital to support its business expansion in Australia, New Zealand and the UK. Co-founder Jason Wilby says the …

Category:  Health Go Health

AIA data shows Apple Watch impact on members' physical activity

WEBAIA members of its wellbeing program increase physical activity by up to 51% when they take up an Apple Watch that is offered as a benefit, the life insurer said …

Category:  Health Go Health

CBA, ANZ, Westpac settle CCI class actions for $126 million

WEB14 November 2022. Class action settlements totalling more than $126 million have been agreed over the sale of consumer credit insurance sold by Commonwealth Bank of …

Category:  Health Go Health

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