New technology speeds health claims
Unified Healthcare Group (UHG) has announced a new technology with the potential to reduce the cycle time for the collection of medical reports for applications submitted by planners to insurers.
UHG said it engages most leading insurers such as AXA, AMP, Zurich, Westpac, Macquarie and OnePath and has enlisted doctors and medical practice managers to pilot the program in Sydney and Melbourne.
The technology will streamline the collection of medical information required by life insurance companies, reducing the time it takes to process a new policy, benefiting planners and their clients, according to UHG managing director Brendan Carp.
Recommended for you
Insignia Financial has reached a major milestone in completing the separation of MLC Wealth from NAB, having acquired the firm back in 2021.
There could be changes ahead for how ASIC requires licensees to handle conflicts of interest as the corporate regulator announces it will be meeting key stakeholders next year to update guidance.
Proper recordkeeping has been described as the “mortar between the bricks” of the advice process and critical to an FSCP decision as an adviser is suspended for failures in this area.
As investors increasingly seek to embed ESG considerations in their portfolios, a specialist adviser has offered tips for financial planners who may feel overwhelmed in tackling these complex topics with clients.