Articles tagged with 'Asteron'
Asteron Life internship a career launching opportunity for AUT student
22 October 2024 - The first AUT graduate to go through Asteron Life’s claims team internship is set to graduate this year.
Asteron Life announces 2024 Million Dollar Round Table programme recipients
27 September 2024 - Recognising those in the insurance industry who support customers with best practice advice is at the heart of the Million Dollar Round Table (MDRT) programme says Asteron Life.
Asteron Life to back adviser learnings from global MDRT conference
2 August 2024 - Asteron Life has launched a grant programme for advisers.
Kathie Tutty promoted to chief underwriter at Asteron Life
24 May 2024 - Asteron Life has appointed Kathie Tutty as chief underwriter effective from May 31.
Asteron Life unveils product enhancements
11 April 2024 - Asteron Life is proud to announce a series of enhancements and clarifications to multiple covers across Personal and Business Insurance product offerings, reflecting its commitment to understanding and meeting the evolving needs of customers, and making it a more seamless experience for advisers.
It'll be different this time; Asteron boss on Resolution deal
11 April 2024 - Asteron Life executive general manager Grant Willis is confident Resolution Life has learnt lessons from its purchase of AMP Life and won't repeat them again.
[Opinion] Will RBNZ demand proof from Resolution on support for Asteron Life customers?
8 April 2024 - Resolution Life has said it will buy Asteron Life New Zealand from Australia-based Suncorp Group and the reported price tag is NZ$410 million.
Asteron Life sold
4 April 2024 - After years of speculation Suncorp has sold Asteron Life.
Partners distribution boss jumps to Asteron
19 March 2024 - Tony Arthur has been appointed as new executive manager life distribution at Asteron Life.
Asteron sees good growth in employee insurance segment
13 December 2023 - Well known industry insurance professional, Jon Lloyd, has taken the lead of Asteron Life’s employee insurance team as the segment continues to deliver above forecast opportunity and growth.
Asteron Life takes out top gong for 4th time
1 December 2023 - Asteron has been named life insurance company of the year for the fourth time in 10 years.
Asteron Life putting mental health at the forefront
21 September 2023 - With mental health being the third largest reason for disability claims, following accidents and cancer, Asteron Life are supporting the mental health needs of eligible customers with its Mental Health Disability Management Programme.
Advisers boost Asteron's results
10 August 2023 - Asteron says more advisers are supporting the business which has helped it turn in a solid profit result.
Asteron announced enhancements to its employee insurance cover
18 April 2023 - Asteron Life has announced enhancements to its Employee Insurance offering.
Asteron Life upgrades telehealth for customers and advisers
30 March 2023 - Asteron Life has announced an enhanced virtual medical and wellbeing service, Asteron Life Connected Care, offering customers free access to advice and guidance from medical specialists, dieticians and fitness experts.
Asteron Life delivers "great result'
8 February 2023 - Asteron Life has reported a half-year net profit after tax result of $16 million compared to $10 million in the corresponding period last year.
Insurer offers support for customers
2 February 2023 - Asteron Life is reminding advisers of the range of built-in premium relief options available to the majority of its customers, to manage premium costs while retaining core benefits. These include taking premium “holidays” for up to six months, or the ability to temporarily suspend premiums and cover, for applicable products.
Asteron Life launches pilot programme
8 December 2022 - Asteron Life has launched a pilot programme to support the emotional needs of those in its workforce facing challenging interactions with customers.
Asteron Life benefit add on may add value to Kiwi’s lives
14 November 2022 - New claims from Asteron Life in 2021 show 64% of trauma claims received and assessed were for cancer.
Tough year but Asteron happy with its results
9 August 2022 - Asteron Life continues to deliver solid underlying profit and growth despite economic headwinds.
Asteron Life adds BDMs
10 June 2022 - Asteron Life has strengthened its distribution capability, with the appointment of three new business development managers.
Is Asteron for sale?
7 April 2022 - Reports out of Australia say that Suncorp is looking to sell its New Zealand life insurance business, Asteron Life.
Asteron Life extends Best Doctors package to more customers
26 February 2022 - While AIA extends Best Doctors to advisers, Asteron extends to customers.
The results are in for Asteron Life
17 February 2022 - Asteron Life added $10 million of new in-force premium business in the past year, but its overall profit was hammered.
Asteron adds specific injury cover to legacy products
29 November 2021 - Asteron Life is making its new lump sum Specific Injury Support Benefit option available to more customers by adding the optional benefit to their legacy SmartLife products.
Covid vaccination status a watching brief for NZ insurers
25 November 2021 - New Zealand life insurers are keeping a close eye on developments regarding the vaccination status of their clients but say it's too early to make any policy or underwriting decisions.
Asteron Life wins top award - AIA exec honoured
18 November 2021 - Asteron Life has been named the top New Zealand life insurer for 2021 at the annual New Zealand Insurance Industry Awards with AIA's Doune Connett receiving the Lifetime Achievement Award.
Asteron launches promo to support local business
18 October 2021 - Asteron Life has launched a promotion to thank its new customers for signing up by giving them some money to put back into their local economies.
[UPDATED] Feedback prompts changes to Asteron's trauma cover
28 September 2021 - Asteron Life’s upcoming changes to its trauma policy have been led by customer and adviser feedback with the company saying it's responding to feedback wherever possible.
Life cover - the hard sell for Kiwi insurers
23 September 2021 - It's no secret that New Zealanders are often underinsured when it comes to life insurance but a recent Swiss Re report into the nation's mortality protection gap shows the gap is widening.
Life insurers up for awards
21 September 2021 - Fidelity Life will be defending its title as the top life insurer in the country in this year's edition of the New Zealand Insurance Industry Awards.
Asteron Life support businesses with premium relief options
9 September 2021 - Asteron Life has announced it is making changes to its premium relief options it offers business customers.
Asteron offers Best Doctors package to advisers
2 September 2021 - Asteron Life is extending the benefits of its popular Best Doctors service, currently only available to customers with disability insurance products, to eligible insurance advisers.
[The Wrap] Hurrah! Big banks exit life insurance
11 July 2021 - All the big banks have now exited the life insurance space - and that is probably a good thing.
Suncorp NZ invests in a technology-enabled workforce
10 June 2021 - Asteron Life's parent company Suncorp New Zealand says it's doubling down on developing a technology-enabled workforce after success in adapting to fully remote work during last year’s Covid-19 lockdowns.
Asteron adds to North Island management team
13 April 2021 - Asteron Life has appointed a new northern business development manager.
Asteron (and Suncorp) appoints new boss
15 October 2020 - Suncorp, which includes Asteron Life, has promoted the head of claims to the role of chief executive.
Asteron mints new Head of Life role
23 September 2020 - Asteron Life promote internally to newly minted head of life position.
Asteron Life: One fifth of SMEs don’t know where to find an adviser
15 September 2020 - Asteron Insurance Index reveals many SMEs couldn’t find an adviser even if they wanted to.
Asteron Life profit drops
21 August 2020 - Asteron Life experienced a $4 million profit drop in the year to June, its parent company has reported.
Court of Appeal backs Asteron Life in battle with former broker
19 August 2020 - Asteron Life has claimed a win in a long-running legal battle with Dunedin insurance broker Peter Taylor.
Advisers adjust to heightened alert levels
13 August 2020 - Financial advisers are adjusting to a return to life at higher alert levels.
Insurance company loses CEO
3 July 2020 - Suncorp New Zealand's chief executive, who also runs Asteron Life, is leaving the business to return to Australia.
Tech adoption a pandemic positive: Hill
30 April 2020 - Covid-19 is pushing many advisers to use technology which should help their business in the long term, Asteron Life’s executive manager of life distribution says.
Hardship fund for Asteron customers
16 April 2020 - Suncorp is establishing a $2 million hardship fund for Vero and Asteron Life customers.
What life insurers are offering your customers under Covid 19
15 April 2020 - Strategy Financial has provided a checklist, and comment, on the support offered by the various LIFE insurers for customers experiencing financial hardship due to Covid 19.
Asteron makes changes to support advisers
3 March 2020 - Asteron Life has announced two recent changes to their leadership team to help support advisers with the industry changes.
Advisers should pass level five with few problems: Hill
20 October 2019 - It’s in insurers’ interests to make sure that advisers are supported through to the new regime, Asteron Life’s executive manager of life distribution, Graham Hill, says.
BDMs put through level five to understand adviser experience
13 October 2019 - Asteron Life is putting all of its business development managers through the level five financial services qualification so they can better understand what the new requirements are for advisers.
Asteron offers to guide advisers through change
3 October 2019 - Asteron Life says it wants to help advisers take advantage of changes happening in the insurance industry.
Govt not throwing baby out with bathwater: Ballantyne
25 September 2019 - Government moves to introduce conduct licensing for insurers are being welcomed as proof it's taking a sensible approach to reform.
What SMEs think of life insurance advisers
25 September 2019 - Asteron Life has just released its annual survey of SMEs. Find out how life advisers compare to their business counterparts.
Asteron and Fidelity go head to head for award
13 September 2019 - Asteron Life and Fidelity Life are again duking it out for the life insurance company of the year Award run by ANZIIF. The Australian and New Zealand...
Partners Life axes volume-based incentives
5 September 2019 - Partners Life is removing its volume-based bonuses for advisers and will replace them with rewards for good conduct.
Asteron Life links up with health insurance companies
15 August 2019 - Asteron Life is giving advisers the ability to connect clients' health insurance with their Asteron personal cover, and streamline the application process.
Asteron reports lift in profit
7 August 2019 - Asteron Life and AA Life have recorded a joint profit jump of 12.8% in the most recent financial year.
Dealer groups face future without overrides
7 August 2019 - Some dealer groups may have to rethink their value proposition as product providers move away from volume-based commission structures.
Insurers put spotlight on conduct processes
11 July 2019 - Insurance companies have supplied regulators with their plans to ensure better industry conduct.
Insurers welcome mental health boost
6 June 2019 - Insurers hope an increase in mental health funding announced in the Budget will mean they deal with fewer people in crises.
Dunedin insurance broker ordered to pay Asteron $371K
15 May 2019 - A Dunedin insurance broker who claimed he was too sick to work - while splashing out on luxury cars, a new home and overseas trips - has been ordered to repay more than $370,000 in income insurance payouts.
Asteron: Working closely with regulators
14 February 2019 - Suncorp’s life insurance business, including Asteron Life and its AA Life joint venture, saw its profits fall by almost a quarter between the first and second halves of last year.
Level premiums for life among Asteron changes
7 February 2019 - Customers will have the option of level premiums to age 100, thanks to changes being announced to Asteron Life insurance policies.
Asteron makes tweaks to help customers
23 January 2019 - Asteron Life is tweaking some of its materials to help customers have better conversations with advisers about the products offered.
Women need to connect with advice: Asteron
4 December 2018 - Insurance advisers may have an untapped market in female small business owners.
Off-shore conferences off the cards
30 October 2018 - The Financial Markets Authority seems to have got its wish - overseas trips will soon be few and far between for insurance advisers.
Asteron reveals product changes
5 September 2018 - Asteron Life has added a range of enhancements to its personal insurance policy range, including a continuous trauma benefit for customers with standalone trauma recovery cover.
Asteron Life not sold with Australian business
10 August 2018 - Asteron Life and AA Life have delivered a profit of $39 million to its parent company, Suncorp, in the past year.
Asteron appoints Frecklington replacement
14 June 2018 - Asteron Life has appointed a new executive manager of life distribution, replacing Mark Frecklington who, tragically, died earlier this year.
Asteron Life launches flexible mortgage insurance
30 April 2018 - Asteron has launched a “one stop shop” Mortgage and Living insurance product that allows customers to tailor their coverage mid-contract.
SME owners lack income protection
10 April 2018 - Asteron Life research has found only 17% of small and medium enterprise business owners and decision-makers (SMEs) have income protection insurance.
Asteron Life gives advisers SME boost
28 March 2018 - Insurer Asteron Life is to launch a SME Insurance Index for the life insurance market, in April.
FSC suffers financial blow but integration on cards
7 December 2017 - Insurers giving up their memberships have hit the Financial Services Council in the pocket.
New board at FSC
17 November 2017 - The Financial Services Council has elected a new board at its recent annual meeting. Chief executive Richard Klipin said the FSC is in good shape financially...
Asteron launches online application tool
11 October 2017 - AsteronConnect says its new online quotation tool should make it easier for advisers to quote for customers.
Online offer 'more than quote and compare'
14 September 2017 - A new insurance advice firm is promising consumers a more in-depth online service.
Asteron starts review after fraud
3 September 2017 - Asteron Life has reviewed its processes and introduced new controls after being hit by a fraudulent life insurance claim.
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.
Unlocking the gold in your client base…
10 April 2017 - Asteron Life’s enhanced Employee Insurance Changes to our Employee Insurance covers
Asteron offers quake help
22 November 2016 - Asteron Life is offering financial help to people affected by the Kaikoura earthquake. It is offering to waive premiums for three months, up to $2000 per...
Asteron keeps focus on sustainability
11 August 2016 - Asteron Life says it has the best insurance retention rates in New Zealand due to its focus on sustainability.
Fidelity names new CEO
14 July 2016 - Fidelity Life has named a new chief executive to replace Milton Jennings - and the successful candidate is from another life company.
Anti-commission argument not winning: Ballantyne
17 May 2016 - Partners Life boss Naomi Ballantyne has questioned the motives of a new report that suggests insurers could improve their fortunes by moving away from a commission-driven distribution model.
Shake-up won't disrupt adviser business: Suncorp
8 March 2016 - Suncorp says it will retain its links with its third-party distribution network, after a structural shake-up.
Asteron now under Vero leadership
2 March 2016 - Suncorp, which owns Asteron Life, has restructured the business resulting in a new role for Nadine Tereora.
Advisers replacing policies are doing their jobs
23 November 2015 - Insurers react to report. OnePath doesn't agree with much of it. Partners says the authors guessed numbers and Asteron becomes fifth company to quit the FSC.
Asteron quits FSC
20 November 2015 - Asteron Life is the fifth life company to quit the its membership of the Financial Services Council (FSC).
More female insurance leaders needed: Tereora
16 November 2015 - Asteron Life managing director Nadine Tereora says there is more room for women in leadership roles in the New Zealand insurance industry.
Asteron and Fidelity stick with FSC - for now
13 November 2015 - Asteron and Fidelity Life have both slammed the FSC report on life insurance saying that the authors Melville Jessup Weaver have done a poor job.
Partners, Ballantyne and Asteron pick up Awards
6 November 2015 - Partners Life, Naomi Ballantyne and Asteron have all been recognised at the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) insurance...
Asteron accepts award, predicts change ahead
30 October 2015 - Rising reinsurance costs may lead to more life insurance product simplification, Asteron Life's chief executive says.
Online prep for new advice clients
5 October 2015 - More than 460 customers have used Asteron Life’s new online LifeSnap tool in its first month of operation.
Property prices to blame for S&P downgrade
18 August 2015 - Rampant Auckland property prices – as opposed to the banking and finance system itself - are to blame for Standard & Poor’s downgrading of New Zealand’s risk assessment.
Suprising new marketing techniques
17 August 2015 - Two advisers I know have recently taken the churn debate right into the public domain and uses it as a positive marketing strategy: in almost exactly opposite ways.
Former broker to face jury
18 June 2015 - Napier insurance broker David McGuffie yesterday pleaded not guilty to four charges of making dishonest claims to four large insurance companies.
Asteron maintains rating
12 March 2015 - Asteron Life has maintained its A+ financial strength rating from Standard & Poor’s, signifying its continued strength in the life insurance industry.