Insurance default settings and positive member engagement
A fund’s default insurance settings serve as a critical point of differentiation and have a meaningful influence on member retention rates.
A fund’s default insurance settings serve as a critical point of differentiation and have a meaningful influence on member retention rates.
APRA has proposed measures to strengthen governance in financial institutions. Read the summary of the problem statements along with proposals
The Privacy and Other Legislation Amendment Act 2024 (the Amendment Act) was passed on 29 November 2024 and received Royal Assent on 10 December 2024,
Some not-for-profit enterprises (NFPs) provide services for a group of people over an extended period of time. Services can include providing accommodation, covering living expenses, and supporting charitable activities.
Pet insurance has a history dating back to 1890 when the first policy was issued in Sweden focusing on horses and livestock. By 1924, Sweden expanded coverage to include dogs and the concept crossed borders, reaching the United Kingdom in 1947 with the issuance of its first pet insurance policy.
CFAR was introduced into the Australian market in 2018 by Zurich owned Cover-More with the benefit being a reimbursement of up to 75% of non-refundable expenses, up to a total of $10,000.
Travel insurance is complex, with many different underlying covers. As a result, pricing is subject to a variety of risk drivers.
Every travel policy is unique, driven by differing risk factors specific to the individual travellers and the nature of their trips.
Australia receives many thousands of immigrants each year who seek education and working opportunities and therefore often stay in the country for several years.