Australia receives many thousands of immigrants each year who seek education and working opportunities and therefore often stay in the country for several years. With numbers increasing year on year, the demand for OVHC is expected to also increase.
This article discusses the OVHC product, including who is covered, why they are covered, the benefits included, and challenges associated with it.
This is an excellent opportunity to join PFS Consulting and play a key role in our continued growth and success. To take the next step in your career, please send us your resume to info@pfsconsulting.com.au
In August of 2025, the New Zealand Cabinet approved the preparation of an amendment to the Insurance (Prudential Supervision) Act 2010, colloquially known as “IPSA”.
The publication provides us with APRA’s most comprehensive view on systemic risk and geopolitical risk together to date. In this article we review APRA’s observations and consider implications for the risk functions of APRA- regulated entities.
The PFS team has been involved in numerous APRA and ASIC licencing projects including Banks (ADIs), Restricted ADIs (RADIs) and Insurers. PFS has firsthand experience of the challenges, APRA’s expectations and requirements, and how to manage what can be a complex and lengthy process.
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PFS Consulting is an actuarial and risk consultancy providing foresight, insight, and oversight.
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PFS Consulting maintains full alignment with the Essential Eight Maturity Model from the Australian Cyber Security Centre (ACSC) Our full suite of policies and procedures also reference ISO/IEC 27001 supporting the requirements of that standard.
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