Energy Super appoints MLC as income protection insurer

6 September 2016
| By Jassmyn |
image
image image
expand image

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.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar 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. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months 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 ...

1 year 10 months ago

Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation int...

16 hours 45 minutes ago

The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham....

16 hours ago

A new report warns that complexity in Australia’s super system could strip retirees of up to $136,000 in lifetime income....

1 day 15 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND