What if the traditional life insurance application process could be completed in minutes? The traditional life insurance underwriting process has remained largely unchanged for decades. But as consumers expectations shift…
In one of his final acts before he retires for parliament, the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP, is pressing ahead with the Government’s…
The Australian Bureau of Statistics (ABS) made headlines in November 2024 with its media release, “Australian life expectancy decreases for second year in a row”. Shortly thereafter,…
From time to time, I find myself explaining how insurers allow for risk in insurance pricing, product design and underwriting, particularly as this can be seen as a form of…