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Sovereign changes underwriting process

Advisers are being told a new underwriting process at Sovereign will give them a more streamlined service.

Wednesday, May 4th, 6:00AM

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»

PAA sorry for launch invitation

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." 


Soft commission under scrutiny

Thursday, April 28th, 6:00AM

A restriction on soft commissions for advisers has been mooted in submissions to the Financial Advisers Act options paper.



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Sovereign launches rewards for healthy living

Friday, April 22nd, 12:00PM

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.


Southern Cross targets younger market

Tuesday, April 19th, 8:56PM

Southern Cross has launched a new health insurance product  designed for younger people.


Seven deadly sins of the policy document

Monday, April 18th, 11:58AM

Written contracts are difficult for consumers to understand, but they are vital.


AIA introduces new commission option

Friday, April 15th, 6:00AM

AIA is to introduce a new pendulum commission model that will enable advisers to swap lower upfronts for more renewal commission.


Standard definitions might not be silver bullet

Thursday, April 14th, 3:33PM

[UPDATED] New Zealand insurers say standard trauma definitions could end up costing consumers.



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