The Financial Services Council (FSC) announced the winners of its annual Life Insurance Awards for 2014 at a black tie function in Sydney last night.
The FSC Life Insurance Awards, now in their second year, are presented to individuals and organisations in recognition of outstanding achievement in the life insurance industry.
The six awards - three for individuals and three for organisations - were judged by a panel of three independent industry experts, with BT Financial Group’s head of life insurance Phil Hay presenting the awards to this year’s winners.
Megan Beer, an insurance director from AMP, won the Industry Pioneer Award; and BT Financial Group’s national manager for underwriting, new business and claims Tracey Crowe won the Leadership Award.
Rajasree Variyar, Direct Life Insurance product manager from ANZ Wealth was recognised with the Young Achiever Award.
Zurich Life & Investments’ Research Program won the 'Big Thinking’ Award and BT Financial Group’s BT Insights won the BlueChip Communication Social Media Innovation Award.
Asteron Life won the William Roberts Lawyers Consumer Innovation Award for their Smarter Years campaign.
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.