Key mandate for IUS

2 December 2008
| By Mike |

Specialist group risk insurer International Underwriting Services (IUS) has picked up a key mandate that will see it providing group life and total and permanent disability (TPD) insurance benefits to NSW ambulance officers.

The mandate follows IUS winning a tender process with First State Super and in addition to providing group life and TPD, the insurer will oversee the total disability claims process for the NSW Ambulance Service, including partial incapacity benefits provided by the service.

Commenting on the mandate, IUS Life general manager Phil Collins said the company had not only successfully met the brief of both First State Super and the NSW Ambulance Service with respect to group life and TPD but also demonstrated that it could provide a better overall process for managing disablement claims.

“We expect this to result in cost savings and efficiencies and, very importantly, improved service for ambulance officers,” he said.

Read more about:

AUTHOR

Add new comment

The content of this field is kept private and will not be shown publicly.

Recommended for you

sidebar 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. ...

4 months 2 weeks ago
Kevin Gorman

Super director remuneration ...

4 months 3 weeks 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 ...

4 months 3 weeks ago

The corporate fund has announced it is seeking a suitable merger partner as the number of corporate super funds in Australia continues to dwindle....

16 hours ago

Wayne Byres is the newest addition to the market operator’s leadership team as part of its ongoing board renewal initiative....

2 hours 50 minutes hence

The $7 billion fund has hired a new chief executive to succeed Lachlan Baird, who departed the fund in December last year after 18 years....

20 hours 45 minutes ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND