FSC Life Insurance award winners for 2016 announced


The award winners for the Financial Services Council's (FSC) fourth annual Life Insurance Awards have been announced.
The awards recognised excellence in the industry in such areas as consumer innovation, leadership, young achievement, social media and pioneering change to transform the industry.
Financial Services Council chief executive, Sally Loane, said that life insurance was currently in a state of transition which was contributing to a rise in new ideas and innovative thinking.
"The life industry is undergoing unprecedented change which is generating innovation and transformative thinking," she said.
This year's Pioneer Award recognised the contributions of MLC's chief underwriter and head of underwriting quality and standards, Fiona Guscott, who the judges said demonstrated an outstanding commitment to innovative thinking to transform the life insurance industry to meet the challenges of the next generation.
Guscott was called an "innovative thinker" and a "change agent".
ANZ Wealth managing director, Alexis George, received the council's Leadership Award, for her consistent commitment to cultivating, developing and supporting new and emerging talent in the life insurance industry.
"She is considered to be an excellent leader by her peers and positively champions future leaders in the industry," the FSC said.
BT Financial Group claims consultant, Rhiannon Wilson, claimed the Young Achiever Award, for her role in developing and rolling out a host of new initiatives in the group.
The full list of award winners are below:
- Industry Pioneer Award Fiona Guscott, Chief Underwriter and Head of Underwriting Quality and Standards, MLC/NAB;
- Leadership Award Alexis George, Managing Director — Australia Wealth, ANZ Group;
- Young Achiever Award Rhiannon Wilson, Claims Consultant, BT Financial Group ;
- Consumer Innovation Award AIA and Sunsuper for eClaims ;
- Consumer Innovation Award BT Financial Group for Advanced Terminal Illness;
- Big Thinking Award AIA and Sunsuper for Permanent is no Longer Permanent research;
- Social Media Award ANZ social media campaign #equalfuture.
Recommended for you
Advisers at DOD Bookkeeping, which received an $11 million penalty last week, received as much as 40 per cent of their remuneration via a bonus when clients purchased a property via a SMSF, according to court documents.
Private wealth manager Escala Partners has launched an end-to-end investment platform to strengthen its alternatives capability as clients seek sophisticated vehicles.
Perpetual Wealth Management has hired two advisers from Ord Minnett as part of five hires, just weeks after the rival firm announced it had picked up six from Perpetual Private.
ASIC has cancelled the AFSL of a Perth financial services firm following payments to its clients by the Compensation Scheme of Last Resort after a failed managed investment scheme.