Life Insurers We Deal With
A life and health insurance specialist with over 47 years of experience. They offer a range of products that protect the financial health and wellbeing of more than 2.5 million Australians. AIA is a large listed company on the Hong Kong Stock Exchange.
CommInsure has roots in the Australian life insurance industry going back over 145 years. CommInsure has been a large insurer in the Australian insurance industry and part of the Commonwealth Bank Group. The CommInsure name was first introduced in 1999. The life insurance business is now part of the AIA Group.
Established in 1849 as a mutual company, AMP listed on the Australian and New Zealand Stock Exchanges in mid-1998. AMP is a wealth management company with a growing retail banking business and an expanding international investment management business. They provide retail clients with financial advice and superannuation, retirement income, banking, investment products and life insurance. In May 2020, AMP advised that AMP it will complete the sale of its life business to Resolution Life as planned on June 30.
ClearView has been helping Australians invest their money for over 20 years. They started out as NRMA Life in 1976. After a few changes of shareholders, they emerged as ClearView, offering quality financial advice and a portfolio of insurance and investment solutions. Since mid-2010, they have been listed on the Australian Stock Exchange (ASX) under the code, CVW.
MLC is partnered with one of the world’s leading life insurers – Nippon Life Insurance Group. MLC Limited operates the MLC Life Insurance business and is no longer part of the NAB Group of Companies. MLC Limited is part of the Nippon Life Insurance Group. Nippon Life, founded in 1889 and based in Osaka, Japan, has 14 million customers* worldwide and has a mission to “help create a secure future for its customers”. MLC Limited, founded in Australia in 1886, has over 1.5 million insurance customers as at 2020.
In 2011, TOWER Australia left the ASX to become TAL, a wholly-owned subsidiary of the Dai-ichi Life Group. TAL is one of the largest life insurers in Australia.
Asteron Life has been a specialist life insurance company for more than 185 years, aiming to help people protect what’s most dear to them. Asteron has been a member of the Suncorp Network, a company with $97 billion in assets, and over 9 million customers. Suncorp has announced on 28th Feb 2019 on the ASX that it has completed the sale of its Australian life business to TAL Dai-ichi Life Australia.
MetLife are a leading provider of life insurance and retirement solutions, partnering with employers and super funds to help more Australians create a lifestyle they love – and providing help when they need it most. Their 145-year history and global presence gives them the scale and experience to be a valued and trusted partner in business. They protect customers in more than 40 countries worldwide.
PPS Mutual products are only offered to a defined group of Australian professionals. They operate on a mutual model, which means you’re a Member of the company and you share in its ownership. When you join PPS Mutual, you get exclusive access to a tailor-made portfolio of insurance benefits called PPS Mutual Professionals Choice – each one created to answer the specific protection needs of a defined group of Australia’s professionals. You also receive a share of the annual profit generated by the PPS Mutual product. After ten years’ membership you can start to withdraw this money from your Profit-Share account.
NEOS life insurance products are issued by NobleOak, and are reinsured by a subsidiary of one of the world’s largest insurers, Pacific Life Re.
Zurich Financial Services Group is an insurance-based financial services provider. The Group holds especially strong positions in three key markets – the United States, United Kingdom and Switzerland – and listings on the Zurich and London stock exchanges. Founded in 1872, Zurich is headquartered in Zurich, Switzerland. We have offices in approximately 50 countries and employ about 62,000 people worldwide. Our extensive worldwide network, bolstered by local expertise, allows Zurich Financial Services to offer competitive insurance and risk management solutions to small businesses, corporations and multinational companies as well as a comprehensive range of non-life (property and casualty) and life insurance.
Macquarie Life was established in 1990 as part of the Macquarie Bank Group. Macquarie have a proven track record in insurance and have established a reputation for best practice in the innovative products they design and the service they provide. Macquarie FutureWise is a genuinely unique offering that has been developed on the foundation of expertise and understanding of life insurance. The Macquarie philosophy of innovation and excellence in product and service has achieved significant benefits for clients and underpins Macquarie’s reputation as a market leader. The Macquarie Life insurance business was transferred to Zurich Australia Limited (Zurich) on 1 October 2016.
OnePath is a leading provider of insurance, superannuation and investment solutions, with a heritage of more than 140 years in helping Australians to grow and protect their wealth. OnePath life insurance solutions are provided by OnePath Life Limited, a part of the Zurich Insurance Group.
Privately owned by local and offshore investors, Integrity has access to more than $180 million in capital, both equity and debt. Their investors include four funds under the discretionary management of London-based firm Leadenhall Capital Partners and Japanese life insurer Daido Life Insurance Group.
BT is one of Australia’s leading wealth management companies, which has been helping Australians protect, manage and grow their wealth since 1969. On 9th Aug 2021, Westpac Bank announced that it will sell its Australian Life Insurance Business (BT Life) to TAL Dai-ichi Life Australia. The deal is expected to be completed in the second half of 2022. Completion of the transaction is subject to regulatory approvals and other conditions.
