Sovereign has had its A+ financial strength rating renewed for the seventh consecutive year.
Sovereign chief executive Symon-Brewis Weston says the ratings, from AM Best, affirm Sovereign’s commitment to sound risk management and financial stability.
“We are really proud of our continued A+ rating. Insurance is often a long term proposition – advisers and customers should trust that their provider will be there when they need them.
“Not only does our A+ rating confirm Sovereign’s position as New Zealand’s highest-rated life insurance company, it gives added peace of mind to both advisers and customers that we will be there to honour our commitments at claim time...MORE»
Wednesday, March 5th, 11:33AM
Advisers cheerfully criticise the work of other advisers, but if they are all right then everyone in the adviser business is doing it wrong, and no-one can be trusted. That cannot literally be true. If that is the feeling consumers get then it will undermine a valuable common commodity which we all share: public trust in the idea of getting advice.MORE»
Friday, February 28th, 11:48AM
Partners Life is looking to shake up the market again with two very new life insurance products.MORE»
IRESS has released an integrated business insurance tool in its XPLAN advice platform.MORE»
Health insurer nib has responded to criticism over the policies it is offering in tandem with Fidelity Life.MORE»
A new partnership deal between two major insurers will allow advisers to bundle health and life insurance policies from each into one application.MORE»
Fidelity Life and nib have formed a partnership that will enable advisers to cross-sell and bundle their market-leading life, risk and health products.MORE»
Asteron chief executive David Carter is returning to Australia and his role is been taken by an internal appointment.MORE»