Industry super fund, Energy Super, has appointed MLC Life Insurance as the provider of its Group Salary Continuance Insurance.
MLC said the contract was a significant step for the firm as it continued to expand its presence in the industry fund sector and in the Brisbane market.
MLC Group Insurance general manager, Suzanne Smith, said: "We're passionate about partnering with funds whose culture aligns with our values of being customer centric".
"Energy Super demonstrates these values to its members, which is why they are the perfect partner for us as we continue to expand our offering within mid-size industry super funds," she said.
Energy Super chief executive, Robyn Petrou, said: "Together, we have built a model to enhance service and speed up claims management for members which will enable us to drive and deliver on our members' experience of service quality and responsiveness".
The contract came into effect on Monday.
The insurance company has joined this year’s awards as a principal partner.
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”.
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent.
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insurance against the enshrined objective of superannuation.