1+ day, 22+ hour ago   (391+ words) Fraudsters are posing as insurers and regulators, offering fake benefits and using phishing links to dupe people... Buying and managing a life insurance policy is easy Customers can purchase policies, pay premiums, update details and initiate service requests through their…...

1+ week, 4+ day ago   (534+ words) The Life Insurance Code Compliance Committee (Life CCC) has sanctioned a life insurer after more than 10,000 breaches meant customers received annual notices that were inaccurate, incomplete or issued late. Between August 2024 and January 2026, the insurer failed to include relevant policy benefits,…...

2+ week, 3+ hour ago   (274+ words) The comfort and convenience of investing and managing life insurance online come with immense responsibilities. Clearly knowing what is genuine and what is a trap. This is because a lack of a proper understanding of the fundamentals can lead to…...

1+ mon, 5+ day ago   (86+ words) ...

1+ mon, 1+ week ago   (730+ words) Insurance Business Record AFCA complaints mask a worse story in insurer compliance data Claims handling failures were accumulating well before policyholders reached the ombudsman Rejection of claim complaints for comprehensive vehicle insurance rose 47% in 2025-26, superannuation insurance claim rejection complaints climbed…...

1+ mon, 2+ week ago   (148+ words) Nikkei Asia Prudential Life Insurance to fundamentally reform compensation system Japanese affiliate of US giant makes move after customer exploitation scandal TOKYO -- Prudential Life Insurance has decided to abolish a salary system that leans heavily on commissions, Nikkei learned on…...

1+ mon, 3+ week ago   (257+ words) One Inc, a digital payments network for the insurance industry, has entered a strategic partnership with policy administration provider CalcFocus to help life insurers modernise premium collections and improve the policyholder payment experience. The partnership will integrate One Inc’s PremiumPay…...

4+ mon, 2+ week ago   (453+ words) Prudential Financial is halting new sales at a Japanese subsidiary as it aims to “reset the business model” there, the company’s CFO said Tuesday. On Tuesday, Prudential announced that it’s extending a previously enacted pause on new sales at its…...

4+ mon, 2+ week ago   (585+ words) Insurance Business Prudential of Japan extends new business halt after misconduct Extension tied to fixing sales practices and management systems Prudential Life Insurance Company, Ltd. (“Prudential of Japan” or “POJ”) has extended its suspension of new business in Japan for…...

4+ mon, 3+ week ago   (295+ words) Prudential Financial announced on Tuesday, April 21, that it will extend a voluntary suspension of new life insurance sales in Japan until Nov 5. The company initially paused operations in February following a regulatory probe into widespread employee misconduct within its Japanese…...