Advisers are being told a new underwriting process at Sovereign will give them a more streamlined service.
The insurer has dropped its team of junior underwriters.
A spokeswoman said, from mid-June, the insurer would have a new process where one underwriting team would look after the underwriting of each application.
In the past, two different teams were involved.
She said Sovereign was committed to ensuring advisers and other partners got the best service possible, and this was a way to do that...MORE»
Thursday, April 28th, 11:00AM
A mass email from the Professional Advisers Association inviting its members to a Partners Life product launch has been swiftly followed by an apology and an assurance that "this type of communication will not be sent to members in the future."MORE»
Thursday, April 28th, 6:00AM
A restriction on soft commissions for advisers has been mooted in submissions to the Financial Advisers Act options paper.MORE»
Sovereign is launching a new loyalty programme that will tap into New Zealanders’ fitness trackers and reward customers who exercise, eat well and have regular dentist and GP check-ups.MORE»
Southern Cross has launched a new health insurance product designed for younger people.MORE»
Written contracts are difficult for consumers to understand, but they are vital.MORE»
AIA is to introduce a new pendulum commission model that will enable advisers to swap lower upfronts for more renewal commission.MORE»
[UPDATED] New Zealand insurers say standard trauma definitions could end up costing consumers.MORE»