AIA Australia

Living with persistent pain can be hugely debilitating, both physically and mentally. Painaustralia, the nation’s pain management peak body, estimates that up to one in five Australians live with chronic pain, and 44 per cent of those will experience depression or anxiety as a result. Tragically, chronic pain has also been found to be a common contributing factor in many suicides.

Off the back of the findings and recommendations of the Hayne Royal Commission, the Productivity Commission and various regulatory reviews, considerable focus has been concentrated on the value and appropriateness of default insurance in super.

A recent trend in the life and health insurance market has been working in consumers’ favour. As insurance providers vie to gain a competitive edge in an increasingly crowded space, several have begun adding health and wellbeing programs to their product offerings, presenting their customers with various rewards and incentives for improving their health and fitness.

With so many Australians impacted by the devastating bushfires this summer, AIA Australia wants to ensure that we’re ready to support our customers when they need us most. We know we have many customers who live in fire affected areas and already have claims with us. In addition to this, we recognise we are likely to receive more claims in coming weeks and months.

Changing careers can be daunting at the best of times, not least when you’re trying to recover from an injury. Yet, as Phil’s story shows, reskilling to a new trade can often provide a way forward. While a road accident at the age of 17 had left him with a serious leg injury, Phil’s real […]

In advocating for the passing of the Protecting Your Super and Putting Members’ Interests First bills, numerous decision-makers and thought leaders external to the industry indicated they didn’t recognise the value provided by default insurance in super.

Twenty years since the organisation’s founding, Fund Executives Association Ltd (FEAL) continues to empower its members to demonstrate and develop leadership in an industry undergoing rapid transformation.

As insurance companies grow, so too does the amount of claims they receive. Ultimately, this is a positive thing: more claims doesn’t necessarily indicate that more people are becoming sick or getting injured, but that increasing numbers are taking the time to assess their insurance needs, take out cover appropriate to their situation, and become better informed about what they might be eligible to claim for.