Articles tagged with 'Southern Cross'
Southern Cross latest insurer to get FMA warning
26 March 2024 - Southern Cross is the latest insurer to be pinged by the Financial Markets Authority for not correctly applying discounts to clients.
Southern Cross fills sales role
12 December 2023 - Southern Cross names its new chief sales and marketing officer.
Southern Cross posts $16.5m annual loss as it capped premium prices
29 September 2023 - The Southern Cross Health Society says it made a $16.5 million net loss for the year ended June as it used the previous year's windfall $90 million profit to keep premiums lower than they might otherwise have been.
Southern Cross to review communications after debacle over withdrawn benefit
26 September 2023 - Southern Cross says it is reviewing the way it communicates changes it makes to the policies it offers following the revelation that many insurance agents were unaware it withdrew a $60,000 a year benefit in late 2020.
FMA aware of but won't comment on Southern Cross benefit removal
14 September 2023 - The Financial Markets Authority is aware of the Southern Cross situation in which those in the industry have been surprised to learn it withdrew a $60,000 a year benefit in late 2020.
Industry researchers also in the dark on Southern Cross benefit
13 September 2023 - Others in the health insurance industry had been unaware that Southern Cross had removed its non-surgical hospitalisation benefit.
Southern Cross says it told advisers, policyholders of withdrawn benefit
1 September 2023 - Southern Cross Health Society has acknowledged it removed a $60,000 a year benefit for non-surgical hospitalisation from its policies but is claiming it advised both advisers and policyholders of the change.
Southern Cross drops $60k benefit by stealth: agents
1 September 2023 - Insurance advisers are discovering that Southern Cross quietly dropped a $60,000 a year benefit for non-surgical hospitalisation without telling either advisers or Southern Cross policyholders.
Ashley Bloomfield joins up with Southern Cross
30 May 2023 - Sir Ashley Bloomfield has joined with Southern Cross to promote good mental health and wellbeing for tamariki.
Southern Cross trials school holiday programme initiative to help employees manage childcare juggle
5 April 2023 - Southern Cross Health Society has partnered with a holiday programme provider to create a drop-off and collection point for employees’ children at its Auckland office. The idea is aimed at supporting employees juggling parenting and work, as we head into a month where most children will be at school for just eight days.
Southern Cross confirms funding for medicinal cannabis consultations for most policyholders
25 January 2023 - December 2022, NZ Herald ran a story detailing that Southern Cross is one of the insurers covering the funding of medicinal cannabis consultations with approved providers.
Southern Cross plans to curb premium hikes
15 September 2022 - Southern Cross Health reports record membership number, uses surplus to curb premium hikes
Free mental health service continued for three months
16 March 2022 - Free mental wellbeing and virtual health support has been extended for three months by Southern Cross Health Insurance.
Workplace happiness key to retaining staff amid the ‘Great Resignation’
24 February 2022 - New research conducted by Southern Cross Health Insurance has uncovered what Kiwi businesses can do to avoid the implications of the ‘Great Resignation’ which is taking place overseas.
Southern Cross strengthens executive team
1 November 2021 - Southern Cross Healthcare has appointed a new chief financial officer to replace its former long-serving CFO Mike Milsom who left in September.
New Southern Cross CLT hospital finished by Christmas
18 October 2021 - A new independent hospital for the South Island's Central Lakes region is on track to be finished before the end of this year and be operational by the end of January.
Bad backs dominate health cover claims
1 October 2021 - Surgery for bad backs has topped the list of most expensive surgical claims funded by Southern Cross Health Insurance with the highest individual claim coming in at $222,000.
Southern Cross boosts surplus profits; Claims paid tops $1 bill
16 September 2021 - Southern Cross Health Society Group has posted a surplus of more than $50 million while also growing its membership numbers by more than 8500 and paying out more than $1 billion dollars in claims.
Changes at Southern Cross Trust
10 September 2021 - Southern Cross Trust's longstanding chief executive has resigned and will hand the reins onto the company's chief operating officer.
Southern Cross rebrands hospital network
17 May 2021 - Southern Cross Healthcare has partnered with Havas NZ to deliver the first creative campaign under its new name, launching the organisation’s rebrand from Southern Cross Hospitals to Southern Cross Healthcare.
Southern Cross industry update - senior staff movements and product opportunities
13 May 2021 - Southern Cross has made changes to its senior management team and has also announced its entire product suite has been made available to all advisers.
Active+ appoints new chief executive
14 April 2021 - There's to be a changing of the guard at the Southern Cross Healthcare joint venture Active+ with managing director Gill Webb announcing she will step down at the end of June after 30 years at the helm.
Getting cross over Cancer cover
22 March 2021 - Jon-Paul Hale's recent column on Southern Cross Cancer Cover Plus got the company, well, cross. Here's the latest.
Southern Cross/ProCare partnership opens up virtual GP service
10 November 2020 - CareHQ is intended to make primary healthcare more accessible for New Zealanders.
Southern Cross posts surplus after returning $50m to members
16 September 2020 - After returning $50m to its members during level four lockdown, Southern Cross today announced a surplus.
Southern Cross to bring mental health programme to kiwi kids
9 September 2020 - The programme aimed at helping kiwi kids navigate life’s ups and downs will soon be available free of charge to any primary or intermediate school in New Zealand.
Less stressed during lockdown
1 July 2020 - New Zealander’s health and wellbeing had surprising benefits from the Covid-19 lockdown.
Southern Cross supports new safe haven for at-risk pets
26 June 2020 - Southern Cross Pet Insurance has teamed up with Pet Refuge to provide temporary shelter for animals affected by family violence.
Southern Cross Health latest claims statistics revealed
5 June 2020 - Find out the biggest claims paid out by Southern Cross Health over the years.
Non-banks see surge in demand
29 April 2020 - Non-bank lenders have noted a sharp increase in demand for home loan products as banks maintain tight restrictions during the Covid-19 outbreak.
Your guide to medical insurers' Covid 19 customer support options
13 April 2020 - The following is a summary of the support offered by the various HEALTH insurers for customers experiencing financial hardship due to Covid 19.
Southern Cross offers financial support
2 April 2020 - Southern Cross Health Society has announced a range of options it says should help members hit by the Covid-19 outbreak.
Peer-to-peer lending up at Southern Cross
25 February 2020 - While Harmoney dropped out of the peer-to-peer lending market this month, Southern Cross says retail investors are keener than ever to provide funding...
Southern Cross loan book nears $225 million
24 February 2020 - Peer-to-peer lender Southern Cross Partners expects its loan book to reach $225 million in the year to March, an increase of nearly 50% on 2019.
Boielle takes on expanded role at Southern Cross
24 February 2020 - Southern Cross Health Society has tweaked its top team to replace departing chief marketing officer Chris Watney.
Southern Cross: No negative impact from commission change
1 February 2020 - Southern Cross says a change to its adviser commission structures has had no negative effect on the business.
Southern Cross launches advisory group
19 December 2019 - Southern Cross Health Society has announced the establishment of a Māori governance advisory group in a first for New Zealand’s health insurance sector.
Southern Cross's new digital human answers our health insurance questions
24 November 2019 - Southern Cross Health Society is the first health insurance company on a global scale to launch a digital human.
Southern Cross boss joins UniMed
6 November 2019 - Health insurer UniMed has secured the expertise of the former head of the country's largest health insurer.
ANZ rate cut; new look Southern Cross team
1 October 2019 - ANZ has sharpened pricing on 2 year fixed and special rates this morning. See how the rates line up against the market here. Peer-to-peer lender Southern...
Southern Cross builds senior team
30 September 2019 - Peer-to-peer lender Southern Cross Partners has bolstered its senior team following the appointment of new CEO Cliff Carr in August.
Southern Cross Health Society turns around deficit
16 September 2019 - Southern Cross Health Society has turned around last year's deficit to post a surplus of $10.7 million for its most recent financial year.
Chicken Little and the falling sky
12 August 2019 - It’s been said to me before, J-P how about looking at the glass being half full? Funny thing is the human brain is naturally a bit pessimistic, 60/40% if the studies I’ve read on the subject are right.
Southern Cross recognised
9 August 2019 - Southern Cross Health Society has been recognised as one of Australasia’s top 10 ‘Most Innovative Companies’ for BeingWell, its corporate health and wellness programme.
New Southern Cross CEO; Nelson Building Society rate cut
9 August 2019 - Good morning. Southern Cross Partners has appointed a new CEO from outside of the finance industry. Find out who it is here [READ ON]. On the rates front,...
Southern Cross names new CEO
9 August 2019 - Peer-to-peer lender Southern Cross Partners has appointed a new chief executive from outside of the financial services industry as it looks to grow its loan book.
Advisers slam Southern Cross commission change
24 July 2019 - Advisers are unimpressed by Southern Cross’s move to limit trail commission.
Southern Cross limits trail commission
22 July 2019 - Southern Cross is changing its commission structure, so advisers will not receive increased trail commission as their clients’ premiums rise.
Southern Cross Health Society appoints new strategic advisor
19 July 2019 - Southern Cross Health Society has created a new role to help it meet the future needs of members, appointing health sector leader Dr Lester Levy into the position.
Extending LVR limits to non-banks "nanny state" idea
18 July 2019 - Non-banks have expressed concerns about the Reserve Bank's potential extension of loan to value ratio restrictions and the impact it could have on smaller lenders.
Southern Cross creates new role for top adviser
14 July 2019 - Southern Cross Health Society has created a new role to help it meet the future needs of members.
Southern Cross launches AI assistant
11 April 2019 - Southern Cross Health Society will launch an artificial intelligence-powered digital assistant later this year, in what is believed to be a world-first for a health insurer.
Bank targets criticised
29 March 2019 - Bank targets for mortgage advisers cause more damage to customers than adviser commissions, according to lender Southern Cross Partners.
Southern Cross picks up awards
5 March 2019 - Southern Cross Health Society has been recognised for its revamped member engagement programme, winning four awards at the NZ Direct Marketing Awards, including two golds.
Non-banks head to Hamilton and Christchurch
15 January 2019 - The popular "speed-dating" event for non-banks and mortgage advisers is set to roll into Hamilton and Christchurch early this year as non-traditional lenders look to build on a promising 2018.
Premium increases: An adviser would have helped
9 January 2019 - Southern Cross clients who complained to the media about premium increases could have found ways around it had they sought advice, one financial adviser says.
Southern Cross staff get wellness accreditation
30 November 2018 - Southern Cross Health Society says it has strengthened its workplace wellbeing expertise to help meet growing demand from Kiwi businesses for robust programmes to support the health of their people.
Peer-to-peer lending on the rise
23 November 2018 - More individuals and businesses in New Zealand are turning to peer-to-peer lending, according to new figures from the Financial Markets Authority.
Speed-dating to become regular non-bank event
21 November 2018 - Following a successful second speed dating event in Wellington, New Zealand's non-banks are set to hold more special events in the New Year as adviser interest grows.
Southern Cross trims benefits
1 November 2018 - Southern Cross has cut the range of benefits available on its health policies.
Biggest claims paid by health insurer
30 October 2018 - Southern Cross Health Society has released its latest claims statistics - here's what they pay out on.
Southern Cross posts first loss since 2014
14 September 2018 - Southern Cross has slipped from surplus into deficit - but its chairman says that's only part of the story.
Southern Cross enjoys strong year
11 September 2018 - Peer-to-peer lender Southern Cross has seen its loan book grow by nearly 25% so far this year, as alternative lenders continue to take a bigger slice of the New Zealand market.
New build financing gap boosts Southern Cross
6 June 2018 - Peer to peer lender Southern Cross Partners has seen an increase in investor demand as first time buyers struggle to finance new-build properties.
Southern Cross joins the movement to help Kiwis Choose Wisely
19 March 2018 - Southern Cross Health Society joins the movement to help Kiwis Choose Wisely As part of its commitment to helping members live their healthiest lives,...
Southern Cross launches gender-inclusive application
18 January 2018 - Southern Cross is giving customers more options when they are asked their biological sex and gender when applying for health insurance.
FMA fast-tracks roboadvice
18 October 2017 - Advisers can expect to see roboadvice in the New Zealand market next year, and the country’s banks and product providers are already developing their platforms.
Southern Cross reports healthy result
15 September 2017 - Southern Cross says its health insurance membership is growing solidly.
Online offer 'more than quote and compare'
14 September 2017 - A new insurance advice firm is promising consumers a more in-depth online service.
nib tackles costs to keep premiums down
6 July 2017 - nib is launching a new network of medical professionals it will work with, to limit surgical claim amounts and help keep insurance affordable.
Insurers could do better: FSC
3 July 2017 - Insurers have work to do to better comply with their disclosure requirements, the Financial Services Council says.
Southern Cross updates policies
25 May 2017 - Health insurer Southern Cross has made changes to its policies and tweaked it affiliated provider programme.
New face at Southern Cross
17 May 2017 - Southern Cross has a new head of distribution.
Southern Cross offers cancer add-on
9 May 2017 - The country’s biggest health insurer is offering bolt-on cover that pays out a chunk of money to cancer sufferers, to do whatever they like with.
New CEO at Southern Cross Healthcare
2 December 2016 - Southern Cross Healthcare has appointed new CEO for its health insurance arm.
Non-bank lender moves into peer to peer lending
22 November 2016 - One of the well-known non-bank lenders is the latest to set up a peer to peer lending business. [READ ON] ...
Southern Cross changes retirees' premiums
27 October 2016 - Southern Cross Health Society is changing the age at which older member shift to a “common rating”.
Southern Cross records $35m surplus
15 September 2016 - Southern Cross added 9000 members over the past financial year, it has revealed with its annual financial results released today.
Tynan steps down
11 July 2016 - Southern Cross Health Society chief executive Peter Tynan is stepping down.
Former Southern Cross boss dies
10 June 2016 - Southern Cross Healthcare's former group chief executive officer Ian McPherson, has died, aged 66.
Southern Cross targets younger market
19 April 2016 - Southern Cross has launched a new health insurance product designed for younger people.
Southern Cross launches life insurance
30 March 2016 - New Zealand's largest health insurer Southern Cross is launching an online life insurance product which is being backed by Cigna.
Southern Cross to fund preventative treatment
26 January 2016 - Southern Cross is adding an allowance for prophylactic treatment and increasing the surgical claim limit on most of its plans.
Southern Cross tackles fraud
25 November 2015 - Southern Cross has launched a phone line for people to dob in those they suspect of insurance fraud, but it says it does not have any concerns about advisers.
Action needed to keep insurance affordable: Southern Cross
11 September 2015 - Health insurance affordability for retirees is a major problem that needs to be addressed, Southern Cross Health Society's chief executive says.
Southern Cross: Claims keep growing
27 May 2015 - Southern Cross paid out 2.3 million claims last year, worth $803.4 million.
