MLC Life Insurance

As we prepare to farewell 2024, we want to thank everyone who has made this year a success. The holiday season is often a time to relax and enjoy precious moments with family and friends. But we know this isn’t the case for everyone.  While many of us will be stepping away from our laptops until 6 January, our colleagues in the claims and operations teams will be here for you if you need to get in touch with us. We’re excited for next year and eager to achieve even more together as we take flight as Acenda. We wish everyone a holiday season full of laughter, love and the last slice of pavlova – because you deserve to indulge!

What a year! 2024 has been significant for the industry and an incredible year for MLC Life Insurance. Following the announcement of our next era combining our business with Resolution Life Australasia, as well as our new brand, Acenda, we’re excited for what 2025 will bring. Our Chief Customer & Strategy Officer Jane McGovern shares her thoughts on the year that was and the year that will be, covering:   - Growth in the life insurance market in 2024, including a 10% increase in new business through the market retail advised channel in the last 12 months. - How group insurance continues to play an important role in supporting Australians through default life insurance cover in super. - Our focus on new growth pathways for sustainability and customer needs, with changes coming in the advice and retirement income landscape next year. - Plans to expand our customer portal for premium digital self-service experiences. Read more here: https://lnkd.in/gSxRD_2M

We’re thrilled to announce the evolution of MLC Life Insurance!  Our parent Nippon Life Group will be substantially increasing its commitment to the Australian life insurance market and supporting our continued growth by announcing that, subject to regulatory approval, we will be merging with another long-standing provider in our industry, Resolution Life Australasia.  Together we will be known as Acenda. As we continue our legacy of insuring the future under a new brand, our ongoing commitment remains unchanged. Acenda will remain your stable and strong partner, supported by one of the world’s largest insurers, and will continue to grow. For more information, visit https://lnkd.in/g_JfWY2w #MLCLifeInsurance #ResolutionLife #NipponLife #Acenda #Merger #NewBrand #LifeInsurance #Insurance

We were thrilled to host Bombora Advice's final PD Day for 2024 at our Melbourne office. This event fostered open and honest conversation on the current landscape of life insurance advice. Our CEO and CALI Co-Chair, Kent Griffin, led insightful discussions on the future of advice while our expert panellists shared invaluable insights on product innovation and sustainability: Mary Magallanes, General Manager of Claims Adrienne Cochrane, General Manager of Individual Insurance Products Amber Brockie, Head of Underwriting and New Business Lauren Pugsley, Head of Customer Servicing With over 70 advisers in attendance—both in person and via live stream—the conversations were engaging and thought-provoking. A big thank you to Wayne Handley, Managing Director of Bombora Advice, and the entire network for joining us for a great day. We’re excited to continue driving positive change in life insurance alongside industry-leading partners. #LifeInsurance #Partnership #Innovation #Sustainability #Leadership

Shout out to everyone who got behind Movember! Our MLC Life Insurance team joined the mo-growing movement to help break down the stigma associated with men's health issues and fund research and health projects for men locally and globally. We saw some mo-mentous mos and great mo-ving efforts from the likes of Gerard Kerr, Kent Griffin, James Menzies, Junior Faatoese and Neil Frankland who banded together to help change the face of men’s health. #BringingOurBestToLife #MLCLifeInsurance #Movember

Ensuring access to affordable financial advice is critical to protecting all Australians.   Today, the Albanese Government announced the second tranche of reforms to simplify Australia’s financial advice framework as part of its Delivering Better Financial Outcomes (DBFO) package.   We welcome the announcement and are committed to work towards a modern advice ecosystem which supports the growing and complex needs of Australians.   Read Chief Executive Officer, Kent Griffin’s statement here: https://lnkd.in/g7_HZ5JQ   #MLCLifeInsurance #DBFO #RiskAdvice #FinancialAdvice

Our five-year partnership with Osara Health represents a major milestone in our commitment to providing essential support to members like David.    Confidential access to one-on-one support from a health coach, trusted resources, and a companion app via Osara Health’s Cancer Coach program, has supported thousands of members through one of life’s most challenging experiences.    “The resources were really important to me because they gave me something to look forward to. I’ve done most of this journey on my own, and having people to talk to and bounce things off was extremely helpful. Being part of the Osara Health coaching program has allowed me to better understand my condition and my responses to it, using tools and resources that I can carry with me.” – David, Plum Super member insured by MLC Life Insurance.     #MLCLifeInsurance #Vivo #OsaraHealth

The dust has settled, but we’re still feeling the thrills of sponsoring last week’s #ASFA2024 Conference - where industry leaders, partners and peers gathered to discuss critical trends shaping the future of super and retirement.  We particularly loved discussions about the “Future of insurance in super,” focusing on how funds and insurers must adapt to engage with a shifting demographic landscape. Connecting with super members about insurance is imperative to make sure futures are adequately protected - and we’re excited about what the future holds! We were excited to hear directly from MLC Life Insurance customers visiting our stand. Our promise of “Healthier lives, happier tomorrows” - brought to life through our series of reaction and reflex games, put delegates through their paces and stimulated some great (albeit, breathless) conversation. We can’t wait to connect with more customers, partners, and peers at next year’s conference! Special thanks to the ASFA team for organising such an incredible event, and to all the speakers for their invaluable contributions. Together, we’re working hard to shape more secure financial futures for all Australians. #ASFA2024 #MLCLifeInsurance #Superannuation #Retirement #IndustryInsights #FinancialWellbeing 

The 2024 FAAA Congress is finally here, and we’re serving up the coffee at cart 3 ☕ Come say hi to Angela Reinmuth, Arthur Tang and Dinah Munro and ask about our competition for the chance to win a $200 Prezzee gift card. #FAAA2024 #FinancialAdvice #MLCLifeInsurance #Innovation

Upcoming webinar: Prepare for the largest wealth transfer in history Over $3 trillion is set to shift from baby boomers to younger generations, creating new opportunities—and challenges—for advisers. Join us for a live session with Marshall Ross to discover how you can help families navigate this transition, mitigate risks, and support the next generation of wealth accumulators. What we’ll share: • Key demographic shifts impacting wealth transfer • Practical strategies for wealth preservation and risk management • Growth positioning for your practice in a shifting landscape Don’t miss this chance to enhance your client relationships and prepare for the future. Register now to secure your spot! https://lnkd.in/gS-4xKWr   #MLCLifeInsurance #Webinar #FinancialPlanning #CPD #FinancialAdvisers #RiskAdvice