TAL wins TWUSuper mandate
TWUSuper has confirmed that it has changed group insurance providers from CommInsure to TAL.
The industry fund late last week confirmed widespread industry speculation that it had opted to partner with TAL for the provision of group insurance following a competitive tender process managed by Mercer Marsh Benefits.
The announcement said a priority for TWUSuper in reviewing its group insurance provider was to identify and partner with an insurer that has an aligned culture, and demonstrated a long-term commitment to the market.
Commenting on the move, TWUSuper chief executive, Frank Sandy said changing service providers was never an easy decision to make, however the services TAL offered in supporting the members and assisting the fund to achieve its objectives were appealing and compelling.
He said the change would deliver premium savings to members.
"We have enjoyed a positive relationship with CommInsure over many years and appreciate the support they provided to the fund and its members," Sandy said.
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