Articles tagged with 'Partners Life'
Partners gets a new chair
4 December 2024 - Partners Life gets a new chair to lead growth strategy.
Partners kills its matrix
28 November 2024 - Partners Life has decided to stop using its Customer Outcome Matrix (COM) and change its commission structure.
Changes at Partners Life
4 October 2024 - Partners Life has made some important changes to its executive team as part of continuing the company’s success and providing the foundations for dynamic future growth.
[GRTV] New FAP regime creates opportunities for advisers
12 September 2024 - The creation of Financial Advice Providers (FAPs) has created a whole new set of opportunities for financial advisers.
Partners nabs Southern Cross exec
26 July 2024 - Partners Life's new chief risk officer is coming from Southern Cross Health Society.
Ballantyne joins dealer group
12 June 2024 - Naomi Ballantyne has taken on a directorship role with emerging dealer group.
New Partners boss presents his plan to advisers
30 May 2024 - New Partners Life chief executive Michael Weston reveals his plans for the business.
Partners distribution boss jumps to Asteron
19 March 2024 - Tony Arthur has been appointed as new executive manager life distribution at Asteron Life.
Partners names new CEO to replace Naomi Ballantyne
13 December 2023 - Partners has chosen to make an external appointment to fill the chief executive role being vacated by founder and managing director Naomi Ballantyne.
Governance; bite by bite
29 October 2023 - Mark Banicevich, Industry Engagement Manager at Partners Life, provides views on governance.
Partners Life unbundles trauma cover
17 October 2023 - Partners Life has unbundled its total and permanent disability cover from its trauma cover, allowing customers to chose whether or not they want it, as part of its efforts to reduce the cost of its policies to make them more affordable.
Why we need more female advisers
15 July 2023 - To work in insurance requires a sharp suit and a mathematical mind? Wrong.
Partners Life cuts some policy pricing, promises more
20 June 2023 - Partners Life is taking a number of steps to make its policies more affordable, including reducing the underlying rate for yearly renewable term (YRT) accelerated trauma policies by 10%.
[GRTV] Ballantyne on lows, highs and switching exits
2 June 2023 - Having announced her retirement next March, Naomi Ballantyne always said she wouldn't be at Partners Life forever.
Ballantyne announces her future plans
26 May 2023 - Following the sale of Partners Life to Dai-ichi, founder and managing director Naomi Ballantyne outlines her future plans.
Partners Life in renewed push of Evince online advice tool
19 May 2023 - Partners Life is making a renewed effort to persuade insurance advisers to start using its Evince online tool to aid the advice process.
Partners makes changes to its distribution staff
8 March 2023 - Partners Life's long-standing general manager of adviser engagement is leaving to start a new chapter in his life.
Partners Life new Medical Claims systems update
27 February 2023 - Last year, Partners Life launched a new Medical Claim Digital Lodgment form to make life easier for advisers and their clients.
Partners Life gets upgraded
22 January 2023 - AM Best has raised Partners Life’s financial strength rating following its acquisition by Dai-ichi Life Group.
Partners Life new advisers training course
11 January 2023 - Expressions of interest are now open for Partners Life’s training course for new advisers.
Partners Life wins best life insurer award
11 December 2022 - It's taken seven years, but this year Partners Life can claim a significant gong.
Partners sale gets tick
10 November 2022 - The Partners Life sale has received all the required regulatory approvals and settlement has been brought forward.
Insurers demand accurate costings for the government’s proposed NZIIS
24 October 2022 - Partners Life is calling on the government to apply the same rigour to the costing of its proposed income insurance scheme (NZIIS) as private insurers are required to provide.
Lack of understanding around ACC worrying
21 August 2022 - Partners Life survey reveals ‘worrying’ ignorance of ACC’s limitations and a low uptake of critical illness cover
Partners Life sold: Price $1 billion
12 August 2022 - Partners Life has been bought by a global life insurance specialist for $1 billion.
Partners Life tells advisers more about the ‘claims squeeze’
18 July 2022 - Six months after telling the market it was raising premiums by 6%-7% because it had paid out “materially more” than expected in claims, Partners Life had shed more light on why and how this was done.
[GRTV] Ballantyne warns of ‘unintended consequences’ of licensing regime
22 April 2022 - Partners Life founder Naomi Ballantyne says the new adviser licensing regime may drive some financial advisers out of the industry while others will consolidate into larger businesses.[+ AUDIO]
Partners Life gets new CFO
21 March 2022 - Partners Life has appointed a new CFO to replace Sean Kam.
[Obituary] Insurance industry trailblazer Chris Coon dies
14 March 2022 - Chris Coon, the actuary credited with changing the landscape of the insurance industry in New Zealand, has died after a long illness.
Cold call changes insured's life
13 December 2021 - It takes a strong person to talk about their health issues on a live webcast but for Neville Greedus a series of life-changing medical events helped him realise the importance of having a top-quality adviser in his corner.
Partners Life defends premium increases
10 December 2021 - Partners Life has defended the upcoming changes to its premium structure saying they are a "normal aspect of the insurance market that we operate in".
Partners Life set to increase premiums
7 December 2021 - Over the past 19 months Partners Life says it has paid out more in claims than expected and will increase its premiums by six to seven per cent from February 21 next year.
Unvaccinated may face higher premiums
15 November 2021 - Kiwi life and health insurers have some big decisions to make about how they plan to cover those who choose not to get vaccinated against Covid-19.
Partners Life rebrands
27 October 2021 - To mark its recent 10th anniversary in business, Partners Life has rebranded revealing a new logo and website.
Partners Life lifts the cost of level life cover
6 October 2021 - Partners Life has announced it will be increasing its level premiums for life cover on all new business by up to 20% from November 1.
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.
Partners Life adds to Banqer High literacy programme
7 September 2021 - High school students now have access to a new life and health insurance tool provided by Partners Life to help improve financial literacy.
Consumer data right goes to Parliament
23 July 2021 - Moves to establish a consumer data right framework for New Zealand have been met with caution by those in the finance sector but it could make life a lot easier for customers.
[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.
New Partners Life products - hoping to find the middle ground
15 June 2021 - Partner's Life is looking to lead the way in the reinvention of income and trauma cover with the launch of two new products in areas deemed to be problematic for the industry.
Partners Life reveals its secret sauce
7 June 2021 - Partners Life says it is 58% more efficient than other life companies because of its technology and the fact it does not have legacy systems.
Partners Life introduce nominated representatives
10 May 2021 - The client engagement team at Partners Life have become the company's first nominated representatives.
[GRTV] Ballantyne on how new regs are changing advice and the fall in replacement business
3 May 2021 - In this edition of GRTV Good Returns' Philip Macalister speaks to the Partners Life managing director Naomi Ballantyne on how the new regulations are impacting advisers, replacement business and PI.
Partners Life focuses on advisers with new appointment
21 April 2021 - Partners Life has promoted its former adviser distribution general manager to its executive team as it focuses on the value independent financial advisers bring to its business.
Partners Life back big-screen documentary
12 April 2021 - A new Kiwi-made documentary film has hit the big screens around the country but it may not have made it without help from health and life insurers Partners Life.
Partners snares BNZ Life
17 December 2020 - Partners Life has achieved its biggest milestone since the business started nine years ago - the acquisition of BNZ Life.
Advisers slowly warming to Partner’s Customer Outcome Matrix
8 December 2020 - Advisers have been slow to embrace Partners Life's customer outcome matrix, but numbers are growing.
Using nursery rhymes to promote life insurance
30 November 2020 - Partners Life has kicked off the next phase of its TV campaign in a rather imaginative and humous way.
BNZ Life up for sale, according to Australian reports
23 October 2020 - A report in The Australian Financial Review has stated that National Australia Bank (the parent company of BNZ) is selling its life insurance company, BNZ Life.
How Covid-19 has impacted Partners Life
12 August 2020 - Partners Life has reported another year of positive growth and explains how Covid-19 has impacted the business.
Partners Life market changes
16 July 2020 - Jon-Paul Hale with his critique of the Partners Life commentary and what to watch when considering replacement business.
Greens want ACC extended to cover sickness
7 July 2020 - A Green Party policy could mean less demand for income protection insurance from insurers.
To FAP or not to FAP, the update
30 June 2020 - Jon-Paul Hale on licensing, commission structure changes and the benefits of dealer groups.
We will be a formidable team: Ballantyne
30 June 2020 - Former Fidelity Life chief executive Nadine Tereora has taken on a new role with a competitor.
Partners Life expects advisers to opt for FAPO
29 June 2020 - Partners Life managing director Naomi Ballantyne says she expects every adviser who deals with Partners Life and has their own transitional FAP licence will sign up to the new FAPO scheme.
Funeral cover dead and buried
15 June 2020 - Partners Life puts its funeral cover product in the ground in response to regulator concerns.
Industry unites in message to select committee
11 June 2020 - The Finance and Expenditure select committee has heard a “concerted message” from the financial services sector, its chair Deborah Russell says.
CoFI submitters: Slow down
8 June 2020 - New Zealand’s financial services sector has asked for more time to be spent on developing the Conduct of Financial Institutions Bill – and warned there could be unintended consequences of the bill in its current form.
Partners Life relaxes some Covid rules
27 May 2020 - Partners Life is relaxing some of the underwriting restrictions introduced as the Covid-19 pandemic hit, to ensure that new clients who don’t pose a risk aren’t deterred from taking cover.
New independent director at Partners Life
27 May 2020 - Former BNZ executive joins Partners Life board.
Insurers hoping for loyalty out of Covid-19 offers
12 May 2020 - Insurers say helping advisers through the Covid-19 economic disruption was part of their motivation for offering client relief packages.
INVITE: Partners Life mini-conference
7 May 2020 - Partners Life's second weekly mini-conference series covers the science of life insurance plus a list from one of New Zealand's celebrity chefs.
Here's when Partners Life will check in on you
27 April 2020 - Advisers distributing Partners Life policies can expect to have their processes checked on when a policy is issued, increased in value or cancelled.
Rating agency gives Partners the tick; Here's what it said
24 April 2020 - A M Best says Partners Life has a very strong balance sheet and has continued to award its current rating.
Ballantyne: No more normal
21 April 2020 - Some advisers are writing more new insurance business during the lockdown period than they were in the weeks leading up to it, Partners Life managing director Naomi Ballanytne says.
NZ Funds picks up Partners software
20 April 2020 - NZ Funds has licensed its own version of Partners Life’s advice business software.
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.
The Matrix Partners style; What advisers say
15 April 2020 - Partners Life will start collecting data this week about how advisers are performing against its new Customer Outcomes Matrix.
Partners' customer outcomes matrix revealed
15 April 2020 - Partners Life has provided more details around how it will measure customer outcomes by advisers.
Life and health insurance through the eyes of a pandemic
6 April 2020 - Partners Life’s Naomi Ballantyne calls on her 38 years in the industry to discuss potential trends for the industry through lockdown and what we might see moving beyond.
Partners Life responds to 'unprecedented environment'
24 March 2020 - Partners Life is making significant changes to enable it to be open for new business.
Newpark makes U-turn on FAP status
23 March 2020 - Newpark Financial Services board met last week and has done a U-turn and decided to become a financial advice provider.
Partners Life supports rainbow community
23 March 2020 - Partners Life is again supporting the Rainbow Excellence Awards.
[The Wrap] The end of dealer groups as we know it
20 March 2020 - Well you have to hand it to Partners Life. While all the news this week has been about Covid 19, it has delivered a fatal blow to insurance dealer groups.
Partners Life to pay override commission to advisers
19 March 2020 - Partners Life is making major changes to its commission payments which will see payments made to FAPs based on customer outcomes rather than to dealer groups.
Partners puts hold on redundancy cover
16 March 2020 - Partners Life has put a stop to sales of the redundancy benefit on its Mortgage Repayment Cover, in the face of a probable global recession.
Partners life changes may not be big enough
3 March 2020 - Partners Life’s changes to IP will not be the end of the matter if reinsurer expectations of the market are correct – and further changes are probably inevitable.
Familiar face returns to Underwriter role at Partners
4 February 2020 - Partners Life has appointed a new, but not unfamiliar, face to fill the role of Chief Underwriter.
[The Wrap] Five predictions for 2020
10 January 2020 - It's the start of a new year and a new decade. While it's 2020, Philip Macalister looks ahead and makes some predictions around what may happen in the financial advice sector this year.
Partners growing while other insurers deal with issues
9 January 2020 - Partners Life achieved its highest market share ever for new business in the six months to September 30 and now has the fourth biggest inforce life book in the industry.
Partners Life criticises Vitality
17 December 2019 - Partners Life has hit out at AIA’s new Vitality programme – without naming it directly – saying that advisers needed to be comfortable with the prospect of recommending benefits that could change.
Partners Life tweaks policies
11 December 2019 - Partners Life has rolled out a series of product changes and benefit improvements for its policies.
Proposed changes should help industry, insurers say
5 December 2019 - New Zealand life insurers are unfazed by proposed changes coming for insurance contract law.
Ballantyne: Advisers don't own clients
3 December 2019 - Advisers can expect insurance companies to have a more hands-on approach to their relationships with clients, Partners Life managing director Naomi Ballantyne says.
[GRTV] Ballantyne on conduct and culture; who owns the client; the future of dealer groups and more
29 November 2019 - Partners Life managing director Naomi Ballantyne discusses the critical issues facing insurance advisers today.
Changes to Partners Life distribution team
5 November 2019 - Partners Life has expanded its distribution team to ensure the company can better support advisers and their businesses.
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.
Partners creates new role for claims
22 September 2019 - Partners Life has a newly created Chief Claims Officer role which has been filled by a former AIA staffer.
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.
AIA says Vitality is flying as another insurer tries to shoot it down
28 August 2019 - AIA says its Vitality programme is flying – but one insurer says it goes against what insurance should be for.
Partners: Nominated beneficiaries too much of a grey area
28 August 2019 - Partners Life’s confirmation that it will not accept nominated beneficiary requests is about ensuring advisers don't put themselves in a position where their guidance could prove incorrect, its managing director says.
Partners Life gets its chief underwriter back
2 August 2019 - [Updated] The underwriter merry-ground in New Zealand life insurance circles continues.
Mixed bag in Partners results: Profit down, market share up
31 July 2019 - Partners Life has continued to pick up market share in the 12 months to March 31, however its profit has fallen during the year.
Authority backs Partners Life over ads
5 June 2019 - The Advertising Standards Authority has rejected a complaint about Partners Life’s recent advertisements.
[GRTV] We have to prove we are not the bad guys: Ballantyne
24 May 2019 - Partners Life managing director Naomi Ballantyne says the various regulatory reviews are putting huge pressure on life insurance companies and distracting them from their core business of paying claims.
Code: That's all?
9 May 2019 - Financial Advice New Zealand is among voices critical of the long-awaited new code of conduct for financial advisers.
Govt told to keep out of adviser pay
2 May 2019 - Significant change is coming for insurance advisers, but one says it’s unfair that the Government is meddling in what private businesspeople are paid, at all.
Insurers call for replacement business rules in code
15 April 2019 - Insurance firms and other commentators asked for more rules around replacement business and the ongoing servicing of clients to be included in the industry’s new code of conduct.
Partners Life gets ratings upgrade
29 March 2019 - Ratings agency AM Best has upgraded Partners Life’s financial strength rating to A- (excellent) from B++ (good).
Partners gets ratings upgrade
29 March 2019 - Rating agency AM Best has upgraded New Zealand life insurer Partners Life’s Financial Strength Rating from B++ (Good) to A- (Excellent). It...
Partners pulls ads after mosque tragedy
19 March 2019 - Partners Life has pulled an advertising campaign that was intended to get New Zealanders thinking about death.
Life companies offer support to Christchurch
18 March 2019 - Life insurance companies have reached out to advisers and offered dedicated support after the terrorist attack in Christchurch. Here's some of their messages.
Insurers receive individual conduct reports
12 March 2019 - One insurance boss says her company refers two or three advisers a year to the Financial Markets Authority due to concerns about their advice practices – but so far that’s yielded little result.
Partners tool to automate advice process
28 February 2019 - Partners Life is launching an online tool, which it says is a world first, that will automate the advice process for life advisers.
Regulators 'may misunderstand' legacy products
14 February 2019 - Regulatory scrutiny of legacy insurance products may highlight a lack of understanding about how the industry works, one insurer says.
Partners Life beats its own targets
12 December 2018 - Partners Life says its sales volumes have exceeded its own forecasts and it now holds the number one position for new business written.
Old approach won't always stack up
12 December 2018 - Cases such as Brian Ferguson's public warning highlight that old ways of thinking may not work in the new advice regime, Partners Life's general manager of product, Steve Wright, says.
Partners Life offers advisers support
4 December 2018 - A new support programme from Partners life is designed to help advisers through the new licensing regime.
Partners rings changes
30 November 2018 - A range of changes to Partners Life policies reflects an increasing focus on "living benefits" in insurance.
Partners bumps up medical pricing
27 November 2018 - Partners Life is boosting its medical premiums from the end of this year.
Insurers grapple with increasing genetic testing
12 November 2018 - A New Zealand insurer says there's merit in considering limiting the ability for insurance companies to take the results of genetic tests into account in underwriting up to certain sum assured thresholds.
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.
Advisers welcome Partners' move to cancel trips
25 October 2018 - Feedback has been positive to Partners Life's move to step back from high-profile international conference. Now AIA and Sovereign question the future.
Partners puts stop to offshore conferences
19 October 2018 - Partners Life is to axe overseas adviser conferences – saying consumers need to trust advisers and the insurers they deal with.
Partners Life appoints Chief Legal, Risk and Conduct Officer
27 September 2018 - Highly-regarded lawyer joins Partners Life to take on conduct role.
Short-term targets, long-term promises create poor conduct: Ballantyne
7 September 2018 - Partners Life managing director Naomi Ballantyne says the insurance industry needs to focus on what it does for its longest-held customer and its lowest-paid employee.
Ballantyne opens up on her career
17 August 2018 - Partners Life managing director Naomi Ballantyne has opened up on her time in the life insurance industry in a new podcast.
Partners Life records strong profit
31 July 2018 - Partners Life has reported a record underlying insurance profit, increasing 76% to $22 million for the year to March 31.
Advisers vindicated in latest report
19 July 2018 - Advisers have been vindicated by a report that unearthed serious problems with many of the country’s biggest qualifying financial entities (QFEs), one product provider says.
Commission model swaps one problem for another: Ballantyne
18 July 2018 - A new commission structure proposed for the industry is unlikely to solve any of the perceived problems with the existing one, an insurer says.
Partners Life unfazed by Mosaic loss
11 June 2018 - Partners Life managing director Naomi Ballantyne says the collapse of an insurance tech start-up is a shame but not a major blow to her company.
Medical records no silver bullet for disclosure
8 June 2018 - Giving insurers access to medical records with every client application would reduce issues of non-disclosure, but increase the cost and time associated with new policies, Partners Life managing director Naomi Ballantyne says.
Ballantyne: Partners keen for any purchase opportunity
17 May 2018 - Partners Life is interested in pursuing any acquisition opportunities in the market, including but not limited to ANZ's OnePath, its managing director Naomi Ballantyne said.
Partners records best year ever
16 April 2018 - Partners Life has had its "best year so far," General Manager of professional development, Steve Wright, said at a recent roadshow. He says the firm is...
Churn battle: Ballantyne v Everitt
28 March 2018 - A war of words has broken out between Naomi Ballantyne and the Financial Markets Authority CEO Rob Everett over the issue of insurance replacement business.
Partners Life sponsors exhibition
19 February 2018 - Partners Life is sponsoring the travelling exhibition Body Worlds Vital when it arrives in Auckland in April. The exhibition offers an eye-opening look...
Insurers collaborate on fintech
11 January 2018 - An insurance working group has been set up to act as a conduit for fintech development in the sector.
Partner Life appoints GM of brand and marketing
22 December 2017 - A familiar name takes a leading role at Partners Life.
Partners makes high-profile board appointment
19 December 2017 - Former markets boss takes a role with insurer.
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.
Innovation 'not just digital'
29 November 2017 - New Zealand insurers need to be willing to completely innovate and overhaul their businesses – not just digitise existing systems and processes, says Partners Life managing director Naomi Ballantyne.
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...
Partners Life appoints additional independent director
8 November 2017 - Partners Life adds a director to its board who has a technology and innovation background.
Partners Life hires sales boss
20 October 2017 - Partners Life has appointed a new chief sales officer.
Online offer 'more than quote and compare'
14 September 2017 - A new insurance advice firm is promising consumers a more in-depth online service.
OnePath sale may be getting close
23 August 2017 - ANZ appears to have sped up the potential sale process for its life insurance business OnePath.
GRTV Ep3: Code working group; the value of opening up to your clients; and risk advice upheaval
12 August 2017 - In this latest episode of GRTV, Good Returns publisher Philip Macalister sat down with the chairman of the Code Working Group, Angus Dale-Jones, Dr. Philip M. Randall, managing partner of The Thorndyke Group and Partners Life chief executive Naomi Ballantyne.
Get basics right: Ballantyne
9 August 2017 - Naomi Ballantyne, Managing Director of Partners Life, talks about adviser businesses and getting them ready for the future, plus an update on their upcoming roadshow.
Get basics right: Ballantyne (+ VIDEO)
9 August 2017 - Something as simple as producing a set of accounts to prove they have a financially viable business could be a significant challenge for some risk advisers, Partners Life chief executive Naomi Ballantyne says.
Partners Life profit flat on back of continued growth
1 August 2017 - Partners Life has reported a flat profit for the year to March 31, even though premium revenue has continued to grow.
Kiwi company attracts $200 million global investment
21 July 2017 - Kiwi Company Attracts $200 Million Global Investment
Partners restarts shadow share scheme
20 July 2017 - Partners Life has launched a second shadow share scheme to drive sales and drive positive outcomes for the industry.
Little medical cover for mental health
10 July 2017 - Many medical insurance policies offer little cover for mental health, a new report has found.
Time to rebrand trauma: IFSO
23 June 2017 - Rebranding trauma insurance as “critical illness cover” across the board would clear up confusion among consumers, the Insurance and Financial Services Ombudsman says.
Ballantyne: Advice businesses should be more businesslike
20 April 2017 - Insurance advisers should take some tips from other industries when it comes to investing in their own practices, Partners Life's managing director says.
Partners gets an upgrade from AM Best
23 March 2017 - Partners Life has had its credit rating upgraded on the back of strong earnings and an investment from Blackstone Group.
Partners to write business without underwriting
7 March 2017 - Partners Life has launched Fast App, an underwriting tool which it says will help close the under insurance gap in New Zealand and widen the customer base for advisers.
Partners gets a new chairman
26 January 2017 - A Kiwi who used to run Tower Health and Life has taken over from Sam Knowles as the chairman of Partners Life.
New addition to the Partners team
24 January 2017 - Partners Life has appointed Christine Greer to the role of Sales Manager as part of their growth strategy for the Waikato/Bay of Plenty area. Greer comes...
Ballantyne honoured for her work
5 January 2017 - Partners Life founder and managing director Naomi Ballantyne says it is "surreal" to be made a Officer of the NZ Order of Merit (ONZM) in the New Year's Honours list, but something she is very proud to have received.
Simon Fisher catches a CEO role
6 December 2016 - Former Partners Life sales manager Simon Fisher has taken on a newly created role to head one of the life insurance adviser groups.
New sales head for Partners
17 November 2016 - Partners Life has appointed Andries Van Graan to the role of general manager of sales.
Fisher to leave Partners Life
14 November 2016 - Simon Fisher, Partners Life’s chief sales officer, is leaving the insurer.
Partners reinstates up-front commission on health insurance
29 September 2016 - Partners Life had reinstated up-front commissions on health insurance business now that it has completed its capital raising with Blackstone.
Dormant products drive replacement business: Adviser
23 September 2016 - There are calls for insurers to do more to help clients with “dormant” products that are becoming increasingly uncompetitive as the insurance market evolves.
Partners increases medical policy price
13 September 2016 - Partners Life has increased the price of its medical product.
Partners closes Blackstone deal
12 September 2016 - Partners Life says the investment from Blackstone Tactical Opportunities has closed successfully. The transaction, first announced in May, was subject to regulatory approvals, which have now been granted.
Income drop sign of move to slow, steady growth for Partners
12 August 2016 - Partners Life says its focus is on slow, steady, continuous growth – something that is reflected in its latest financial statements.
Ballantyne hopeful of OIO nod 'soon'
2 August 2016 - Partners Life boss Naomi Ballantyne says it’s still too early to get into any detail about what the company plans to do with a looming $200 million capital injection.
Adviser products shine
20 July 2016 - Insurers say competition and pressure from advisers is forcing them to come up with better policies than those offered by banks.
Insurers welcome FAA changes
14 July 2016 - A decision not to pursue explicit commission restrictions has been welcomed by New Zealand insurers.
Regulation fears for advice businesses' value
21 June 2016 - Insurers will have a role to play to help advisers if the Financial Advisers Act brings in extra compliance requirements for them, AIA's chief executive says.
Nice 5th birthday present for Partners Life
31 May 2016 - Partners Life has just been given a cheque for its fifth birthday and it's a pretty big one - $200 million.
The Partner's story rolls on with a new multi-million investment
31 May 2016 - Partners Life has nailed a $200 million capital injection from a US private equity firm which enables it to continue on its growth path.
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.
Terminal illness cover launched
10 May 2016 - Partners Life is launching a new terminal illness product that does not require customers to have life cover as well.
PAA sorry for launch invitation
28 April 2016 - 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."
Standard definitions might not be silver bullet
14 April 2016 - [UPDATED] New Zealand insurers say standard trauma definitions could end up costing consumers.
Insurance rules get review
13 April 2016 - Regulation governing the insurance sector in New Zealand is to be reviewed.
Industry ponders role of FSC
16 February 2016 - Financial services industry participants are undecided on whether there is a future role for the Financial Services Council, after the resignation of its chief executive.
Partners offers mobile tests
11 December 2015 - Partners has launched a new mobile blood test and paramedical service to help get deals across the line. It said it had been driven by adviser demand. Advisers...
Report tore apart FSC
23 November 2015 - A disclaimer on a report issued today by the Financial Services Council shows how divisive it is.
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.
Partners Life quits FSC over MJW report
10 November 2015 - Partners Life has quit the Financial Services Council (FSC) following a report they say lacked impartiality and was bias against registered financial advisers.
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...
Partners capital raising complete
15 September 2015 - Partners Life has completed its latest round of capital raising, and netted just under $27 million. Chief executive Naomi Ballantyne said the company had...
Call for one dispute scheme
15 September 2015 - UPDATED All financial service providers should belong to one disputes resolution scheme, Partners Life has argued.
Partners backs direct insurance offering
9 September 2015 - Partners Life is backing a new, direct model of insurance.
Partners puts off listing
3 September 2015 - Partners Life has decided to delay its plans to list on the sharemarket.
No screams and howls on IP, but some concerns
25 June 2015 - New Zealand hasn’t had the same problems with income protection claims as in Australia, but there is more companies can do to avoid potential problems, particularly around mental health claims.
Partners collects another accolade
12 June 2015 - Partners Life has been named the Insurance Provider of the Year at the PAA Excellence Awards for the second time in the company’s four-year history.
FMA starts major investigation into churn
29 May 2015 - The Financial Markets Authority has launched a massive investigation into life insurance churn using special powers it has under law.
