Global insurer MetLife and re-insurer Swiss Re have launched a white paper in order to stimulate innovation in the life insurance industry’s rehabilitation practices.
Titled The Rehabilitation Summit: Thought Leadership in Action, MetLife said the white paper discusses issues such as industry best practice and various ideas that were showcased at the inaugural Life Rehabilitation Summit organised by the two insurers.
MetLife added that the white paper covers mental illness, pain management and the use of data metrics for rehabilitation.
It also showcases the success of the pilot Reactivate coaching program to help claimants suffering from debilitating, long-term illness, a statement from MetLife said.
Chief executive of MetLife Deanne Stewart said rehabilitation programs, and in particular early intervention programs, will play a “vital role” in the future of the insurance industry.
“By bringing together industry thought leaders and sharing new developments we can drive progress in this regard,” she said.
“The industry must take necessary steps towards proactive and preventative measures, and where possible restore our claimants to full health and independence.
“The Life Rehabilitation Summit white paper seeks to spark conversation and debate around the steps required to improve outcomes for our customers and deliver a more sustainable framework to the industry,” Ms Stewart said.
The summit brought together over 40 rehabilitation consultants across the life insurance industry.
SUBSCRIBE TO THE IFA DAILY BULLETIN
- 20 Apr 2018Govt launches new corporate criminal crackdownBy Reporter
- 20 Apr 2018AMP CEO retires immediatelyBy Reporter
- 19 Apr 2018Commission questions compulsory FPA membershipBy Killian Plastow
- 19 Apr 2018CBA admits to fresh FOFA breachesBy Reporter
- 18 Apr 2018Royal commission villains could face jailBy Aleks Vickovich
- 18 Apr 2018CBA accused of ‘misleading’ royal commissionBy Aleks Vickovich and Killian Plastow
- view all