Russell Hutchinson identifies four areas in the proposed Insurance Law Contracts bill that may cause problems.

Russell Hutchinson and his team review life expectancy calculators and find there is an opportunity awaiting in this space.

A rare combination of factors probably means that 2023-24 will generate above trend levels of claims in several product categories.

In Australia there has been a large, ongoing, exodus from the financial services industry. So far, our regulation has brought nothing like the losses seen there. Here are some of the factors we took into account in revising our view – and why it matters.

While it is not hard to come up with a number, it is very difficult to come up with a reliable number.

If you have not yet read the draft Bill, or one of the summaries of it, we suggest you skip to the end of this article to find the useful links and work your way through at least the summary.

If you have not yet read the draft Bill, or one of the summaries of it, we suggest you skip to the end of this article to find the useful links and work your way through at least the summary.

Whatever methods you use for modelling for insurance requirements, and building your recommendations, one important raw material is good data. Remember if you say that something costs about $x or if interest rates are likely to be y%, then you need to be able to substantiate the use of that assumption.

An adviser I know has recently started working with an online agency which coaches them on how to build content and engage with potential customers better on existing online platforms.

A digital strategy is often seen translated as meaning ‘needs a CRM’ by those early in their technology journey. That is not necessarily true.

The difference between ‘fast insurance’ from ‘good insurance’ appears lost on some journalists who are happy, it seems, to tar all the with the same brush, damaging confidence in the insurance market.

Whatever methods you use for modelling for insurance requirements, one important raw material is good data. A lot of attention is paid to the data that must be collected from the client for the needs analysis.

Russell Hutchinson reviews his Covid-19 predictions to see how accurate there were.

Recent happiness research has found that some of the most common activities promoted by wellbeing programmes (such as those run by wearable health-tech companies and insurers alike) are beneficial to happiness.

There are two futures for income protection insurance. Only one is good. 

With income protection insurance prices under upwards pressure and questions being asked about the medium-term sustainability of the contract, it should not come as a surprise that advisers are re-evaluating their relationship with maximum-replacement options.