Confidence needs to be restored quickly so people think about their insurance before they withdraw super or keep insurance going if they need it – CEO’s of two of the country’s largest insurance providers have said.
Some funds are open and acknowledge their peer group focus, espousing that industry awards and new members are won through a competitive process and performance relative to peers needs to be actively managed. For other super funds, peer group risk management is undertaken behind closed doors, David Bell writes.
Understanding an individual’s “pain journey” can help when customers will get stuck in claims when they are dealing with chronic pain, Professor Lorimer Moseley, a pain scientist from University of South Australia explains.
Insurers and super funds say the Covid-19 pandemic will have physical, mental and financial impacts on Australians once the second wave subsides.
The two education and community-based funds are the latest in a long line of sub-scale funds aiming to bring benefits of scale and synergy to their combined 200,000 members.
It is a difficult time, but also a time of excitement for mental health advocates, who say Covid-19 is catalysing deep change among business leaders, policymakers and the broader community in how to address mental health.
Because hearing people talk about their personal challenges has been an enormous help to Carden Calder, the communications executive has decided to open up about her own personal situation in the hope it will help others too.
Forced to embrace technology in the pandemic, insurers are shedding their paper-based systems for digital ones, says Equity Trustees head of insurance Princess Navarro.
MLC has been dialing up its exposure to private equity over the past 12 months, something the group’s CIO Jonathan Armitage expects will continue as the market dislocation throws up more opportunities to diversify away from public markets.
This session discussed the challenges involved in both engaging and educating members on the system-wide benefits of group insurance.
The heightened risks associated with isolation, reduced incomes and physical health challenges have exacerbated the mental health challenge across Australia. This keynote explored the challenges posed and solutions available.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
