MetLife secures First Super mandate

16 August 2012
| By Mike |
image
image
expand image

MetLife has extended its reach into the Australian group insurance market, picking up a key mandate from First Super.

The mandate was confirmed this week by First Super chief executive Graeme Russell, who said it had followed a competitive tender process.

He said the selection of MetLife had been based on product design, price and service.

"Our members will benefit from new insurance features, such as providing cover to currently uninsured members and improvements to policy terms and conditions," Russell said.

MetLife Australia chief executive Marc Lieberman said the company would be seeking to adopt a partnership approach with First Super.

First Super has previously utilised OnePath as its insurance provider.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Westpac has delayed its rate cut forecast, aligning with its peer NAB’s outlook on the likely trajectory for the Reserve Bank of Australia’s cash rate....

19 hours ago

The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the way for problematic fu...

18 hours ago

The proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remain...

21 hours ago