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HCF wins Canstar’s Outstanding Value award for ninth year running

By API User

MONDAY, 16 SEPTEMBER 2024: HCF, Australia’s largest not-for-profit health fund, has once again proven its leadership in delivering value for its members, winning Canstar’s prestigious Outstanding Value – Health Insurance Australia award for the ninth consecutive year. HCF has won more National and State Canstar awards than any other health fund. This year’s state-based accolades … Continued

Australian Government bans genetic discrimination in life insurance: A big win for preventive health

By API User

Following the recommendations of a report led by Monash University’s Dr Jane Tiller and Professor Paul Lacaze, the Australian Government has today announced that it will legislate to completely ban the use of genetic test results in life insurance underwriting. Consistent with the recommendations, the Government has announced that the Australian ban will not be … Continued

HCF recognised for top value and trust in 2024 Finder Customer Satisfaction Awards

By API User

WEDNESDAY, 11 SEPTEMBER 2024: HCF, Australia’s largest not-for-profit health fund, is proud to announce our outstanding performance in the 2024 Finder Customer Satisfaction Awards, where we’ve been recognised as a leader in value and trust among both health and life insurance providers. HCF received first place in the highly regarded “Top Value” health insurance category. … Continued

Akur8 Expands Core Capabilities with Strategic Acquisition of AriusĀ® Reserving Solution

By API User

Bringing the Best Reserving Solution In-House for Unmatched Innovation PARIS, NEW YORK and ATLANTA, Sept. 09, 2024 (GLOBE NEWSWIRE) — Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce its acquisition of AriusĀ®, an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and … Continued

Driving positive change in the insurance industry

By API User

The General Insurance Code Governance Committee (CGC) has highlighted its impact on the insurance industry and signals more effective monitoring in the year ahead in its 2023-24 Annual Report.  The report, published today, underscores the CGC’s influential role in driving improvements across the industry, with inquiries, investigations and a sanction playing a major role.  Chair … Continued

CGC expects insurers to improve oversight of external experts

By API User

The General Insurance Code Governance Committee (CGC) has called on insurers to enhance their practices after its follow-up inquiry revealed concerns regarding the oversight of external experts used in claims assessments. The CGC’s report, Oversight of External Experts, is a follow-up to its 2022 report which revealed concerns with the quality of many of the … Continued

Bupa refreshes creative model and announces new lead agency

By API User

Bupa has announced a new strategic shift in its creative approach and has appointed CHEP Network as its lead creative agency for Australia.   The new model will streamline Bupa’s marketing operations and will see CHEP Network partner with support agencies including 2045, Six Black Pens, and Scooter.   Bupa Health Insurance Marketing General Manager … Continued

The paws are out – top dog and cat breeds revealed

By API User

The truth about cats and dogs is Cavoodles are Australia’s favourite canine, while the Domestic Short Hair has purred its way to the title of Top Cat, according to Bupa Pet Insurance.   The list, based on Bupa Pet Insurance policies, shows size doesn’t matter with big dogs like Labradors, Border Collies and Golden Retrievers … Continued

Duck Creek Technologies Launches Policy with Active Delivery

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The Cloud-Native Solution Enables P&C and General Insurers to Deliver Products at Scale by Eliminating the Need for Upgrades BOSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) — Today, Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announced the general availability of Policy with Active Delivery, a … Continued

Final public hearing of flood insurance inquiry

By API User

The House Standing Committee on Economics will hold a virtual public hearing tomorrow, 30 July, as part of its inquiry into insurers’ responses to 2022 major floods claims: Tuesday 30 July 2024By videoconference9.45 am to 3.30 pm The Committee will take evidence from Sydney Water, the Australian Building Codes Board, Standards Australia, Engineers Australia and the NSW Reconstruction … Continued