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CommInsure wins Prime Super mandate
CommInsure has picked up a key group insurance mandate — this time with Prime Super.
The superannuation fund announced the selection of CommInsure following a competitive tender process, with the mandate due to take effect from 1 May.
Confirming the mandate, Prime Super chief executive, Lachlan Baird said the objective of the tender process had been to streamline the fund's offering and to improve the sustainability of premium pricing.
The Prime Super group insurance mandate was previously held by MetLife.
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