UniSuper will switch from Hannover Re Life Australasia to TAL Life Limited for its group insurance arrangements following its regular three-year tender process.
The appointment was the result of the fund's regular review and would come into play at the end of November, TAL executive manager, member and employer solutions, Chris Davies said.
"TAL was the stand-out tenderer due to their willingness to design an optimal solution for UniSuper and ultimately, our members," he said.
A hawkish post-meeting RBA has cast doubt over the possibility of another rate cut in 2025.
Super funds are being urged to do more to protect older women from financial insecurity as life events widen retirement gaps.
The central bank has announced the official cash rate will remain at 3.6 per cent following higher-than-expected inflation figures.
Equip Super has appointed Michelle Cheong as chief risk officer, strengthening its governance framework with nearly two decades of industry experience.