At an event in Sydney last week, TAL Life took out the title of Life Company of the Year for the second consecutive year, the AFA said in a statement.
AIA Australia, OnePath Life and Zurich Financial Services Australia were the other nominees for Life Company of the Year.
“We believe it is important to recognise those financial organisations who are delivering outstanding products and services to financial advisers and their clients and congratulate all of our 2018 winners and finalists,” said AFA chief executive Philip Kewin.
“These are the companies that are demonstrating a genuine commitment to innovating and improving their offer so that Australians are better protected and invested.”
Categories for the awards were divided into the overall Life Company of the Year Awards and the Client Service Team Awards.
The full list of winners and runners up are below:
Overall AFA Life Company of the Year Awards
|
Award Categories |
Winners |
Runners-Up |
|
Overall Platinum – Life Company of the Year |
TAL Life |
|
|
Service Quality |
Zurich Financial Services Australia |
|
|
Term Life/TPD |
AIA Australia – Priority Protection Life Cover Plan
|
|
|
Trauma/Critical Illness |
BT Financial Group – Protection Living Plus Plan
|
|
|
Income Protection |
MLC – Insurance Income Protection Platinum Plan
|
|
|
Risk Product Innovation |
Asteron Life – “The Sophisticated Adviser” education program
|
|
|
Investment Bond Award |
CommInsure |
|
|
Overall Annuity Provider of the Year |
Challenger |
|
|
Long Term Income Stream |
Challenger |
|
|
Annuity & Income Stream Innovation Award |
Challenger – Deferred Lifetime Annuity |
|
AFA Client Service Team Awards
|
Underwriting Award |
Company |
|
Winner |
BT Financial Group |
|
2nd |
ClearView |
|
3rd |
OnePath |
|
Claims Award |
Company |
|
Winner |
OnePath |
|
2nd |
Zurich |
|
3rd |
MLC Insurance |
|
BDM/Business Support Award |
Company |
|
Winner |
Zurich |
|
2nd |
ClearView |
