Partners Life may have lost out to Sovereign at last year’s Insurance Industry Awards but they’re streets ahead on overall satisfaction, at least according to advisers using the QuoteMonster website.
 

If you promote yourself or your services through social media, watch out -  the Financial Markets Authority (FMA) may not like everything it sees online.

Claims life insurance premiums could rise by as much as 20% have been rejected by a number of insurance industry figures.

Risk Management Solutions is to integrate its InControl software with the Forte CRM on February 2, creating the first insurance version of the CRM available to the risk market.

Rising property values in Auckland helped spur nationwide increases in house prices in December, according to the latest QV monthly property value index.

Advisers can now take on the likes of Cigna and Pinnacle Life and take a slice of the growing online sales market, selling life cover direct to consumers via their own branded website.

AM Best has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of ‘a-‘ for Cigna Life.

OnePath has streamlined its process for advisers writing insurance business by doing away with the need for client signatures under certain circumstances.

The Financial Services Council (FSC) is to put the adviser distribution of insurance products under the microscope next year.

Partners Life has seen a lower-than-expected drop off in medical business in the wake of axing upfront commissions on medical insurance products.

Little more than a week after its launch the NZLifeInsurance website is to be closed by owner Torben Landl as he claimed it has generated more leads than he can handle.

Tower Medical Insurance’s new owner nib has no plans to reduce adviser commissions, says managing director Mark Fitzgibbon.

Tower has announced the sale of its health insurance business to Australia’s nib holdings in a $102 million deal.

Claims by the Financial Services Council (FSC) that consumers don’t know where to turn for insurance advice have been rejected by two prominent industry figures.

[UPDATED] Pinnacle Life is seeking new capital to expand its operations, with managing director Noel Vaughn saying the market for direct life sales is larger than they are currently able to exploit.

Insurance advisers will soon be able to give clients on the spot decisions about their insurance cover using just a smartphone or iPad, if plans by Fidelity Life and AIA come to fruition.