Articles by: Kristen Turnbull

Continued losses in life insurance putting  consumer value at risk

Continued losses in life insurance putting consumer value at risk

Life insurance companies are stuck between a rock and a hard place. On the one hand, there’s a need to drive efficiencies that flow through to value for money from […]

by March 25, 2021 1 comment Advice, APAC, Consumers/retail, Risk
Why the life industry is ripe for disruption

Why the life industry is ripe for disruption

The life insurance sector continues to be plagued by substantial losses on individual disability income insurance (DII), with APRA warning the scale of losses could increase further given the vulnerability […]

by February 9, 2021 1 comment Advice, APAC, Insights
Why insurers face a perfect storm as Australians’ ‘surge capacity’ is tested

Why insurers face a perfect storm as Australians’ ‘surge capacity’ is tested

It started as a health crisis and quickly became an economic crisis. Now, six months on from the initial COVID-19 lockdown in Australia, we are arguably experiencing one of the […]

by September 25, 2020 1 comment Advice, APAC, Consumers/retail, Insights, Risk
Pandemic reveals the essential work of financial advisers

Pandemic reveals the essential work of financial advisers

We’ve heard a lot during the global pandemic about our frontline health workers, and the essential role they’ve played in keeping us safe. Our health has been the primary focus […]

by July 27, 2020 0 comments Advice, APAC, Industry
When the Law of Unintended Consequences meets income protection insurance

When the Law of Unintended Consequences meets income protection insurance

It’s hard to argue against the need to reform a sector that is losing hundreds of millions of dollars each year, when there is a real risk that without reform […]

A financial cliff awaits Australia’s ‘pay later’ economy

A financial cliff awaits Australia’s ‘pay later’ economy

The coronavirus crisis has added a new dimension to the buy now, pay later economy, with many Australians and business owners heading towards a financial cliff they can see but […]

Misperceptions about IP cover a red flag for life industry

Misperceptions about IP cover a red flag for life industry

Nearly half of consumers who currently have income protection insurance believe they would be covered in the event of job loss, new research from CoreData has found. The research, based […]

APRA data shows DII claims payout ratio continues to rise

APRA data shows DII claims payout ratio continues to rise

The latest life insurance claims and disputes data from APRA appears to throw weight behind the hefty intervention into the disability income insurance (DII) sector late last year. Statistics for […]

by April 29, 2020 0 comments APAC, Consumers/retail, Risk
Deteriorating mental health a concern for the beleaguered income protection sector

Deteriorating mental health a concern for the beleaguered income protection sector

Life insurance has typically been considered a recession-proof industry. This is partly because the need for insurance doesn’t go away during an economic slowdown – in fact, the need to […]

by April 13, 2020 1 comment Advice, APAC, Consumers/retail
For risk advisers, the glass is half-empty

For risk advisers, the glass is half-empty

As the impact of new regulations and education standards weigh on the minds of Australian financial advisers, a trend of short-term pessimism is sweeping through the industry.  CoreData’s inaugural Adviser […]

by March 13, 2020 0 comments Advice, APAC, Insights, Risk