AIG Australia becomes Chartis
AIG’s Australian general insurance business has rebranded under the name Chartis as it seeks to distance itself from the lingering reputational issues attached to its parent company’s name.
Chartis Australasia chief executive Chris Townsend said despite the strong performance of the general insurance business both locally and globally, he acknowledged there had been issues with public perception of the AIG brand.
“A company’s brand and the associated image and public perception that comes with it are hugely important factors for any business. This is something that we have been acutely aware of given the well-publicised challenges our parent company has faced in the past 15 months,” Townsend said.
The group hopes the Chartis brand will signify the autonomy of the Australian business. The group also announced it had restructured its Australian business along three lines, its corporate, commercial and consumer business divisions.
Recommended for you
Far too few wealth managers are capitalising on the opportunity presented by disruptive technology to deliver personalised investment solutions to the mass affluent demographic, according to PwC.
With over half of advisers using managed accounts, HUB24’s head of managed portfolios has unpacked the benefits driving their usage and how they can be leveraged by advice practices.
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
ASX-listed platforms HUB24, Netwealth, and Praemium have used their AGMs to detail how they are using artificial intelligence to improve their processes and the innovative opportunities it presents.
