Boat Insurance Online :: News
SHARE

Share this news item!

ClearView Transitions to Pure-Play Life Insurance, Emphasizes IFA Ties

ClearView Transitions to Pure-Play Life Insurance, Emphasizes IFA Ties

ClearView Transitions to Pure-Play Life Insurance, Emphasizes IFA Ties?w=400
ClearView, a publicly-listed insurer, has reaffirmed its commitment as a "pure play life insurance company" following its strategic exit from the wealth management sector.
This transition, finalized in March 2025, completes a multi-year effort pivoting the company towards becoming a technologically advanced life insurance firm.

Despite the exit, ClearView has emphasized the importance of its robust relationships with independent financial advisers (IFAs), viewing these connections as fundamental to its continued growth. The company believes that maintaining these IFA relationships will significantly enhance its distribution capabilities and market presence.

In a recent presentation to investors, Managing Director Nadine Gooderick highlighted the company's financial achievements, reporting a 95% increase in gross premium income, reaching $285.6 million, and a 9% growth in total inforce premiums to $398 million. A substantial $100 million has been invested into its new ClearChoice technology platform, which is expected to streamline operations and improve service delivery.

The transition to a singular cloud-based technology platform is progressing well, with ClearView anticipating its completion by the first half of the next year. This move is aimed at enhancing technical capabilities and fostering further innovation within the company.

As ClearView continues to focus on life insurance and leverages its IFA relationships, the company is poised to capitalize on its tech-driven strategies to secure its market position.

Published:Wednesday, 14th May 2025
Source: Paige Estritori

Share this news item:

Insurance News

Asgard Announces Significant Hike in Insurance Premiums Asgard Announces Significant Hike in Insurance Premiums
16 May 2025: Paige Estritori

Asgard, the investment platform owned by Westpac, has announced substantial increases in insurance premium rates, ranging from 0.7% to 94.6%. This decision comes in collaboration with AIA Australia following a review of its insurance offerings. The changes, which will affect clients with Asgard Personal Protection Packages, are attributed to rising costs, including claims expenses. - read more
ClearView Transitions to Pure-Play Life Insurance, Emphasizes IFA Ties ClearView Transitions to Pure-Play Life Insurance, Emphasizes IFA Ties
14 May 2025: Paige Estritori

ClearView, a publicly-listed insurer, has reaffirmed its commitment as a 'pure play life insurance company' following its strategic exit from the wealth management sector. This transition, finalized in March 2025, completes a multi-year effort pivoting the company towards becoming a technologically advanced life insurance firm. - read more
Life Insurance Prevails as a Financial Priority Despite Economic Strains Life Insurance Prevails as a Financial Priority Despite Economic Strains
13 May 2025: Paige Estritori

Amid ongoing economic challenges, Australians continue to prioritise life insurance, often at the expense of other budgetary items such as holidays, entertainment, and even groceries. This trend is highlighted in an annual survey conducted by NobleOak, which reveals a noticeable rise in life insurance and income protection policies. - read more
Call for Stricter Timelines on Insurance Claims and Renewals Call for Stricter Timelines on Insurance Claims and Renewals
06 May 2025: Paige Estritori

The Insurance Brokers Code Compliance Committee is advocating for significant changes to improve transparency and clarity in their industry standards, amidst ongoing reviews of the National Insurance Brokers Association (NIBA) code. This call to action coincides with the recent closure of feedback collection from stakeholders, setting the stage for a draft report expected next month. - read more
Insurers Under Scrutiny for Response to Alfred Flood Claims Insurers Under Scrutiny for Response to Alfred Flood Claims
05 May 2025: Paige Estritori

In a recent development, Queensland MP David Lee has raised concerns about how insurance companies are addressing claims following the devastating floods caused by Ex-Tropical Cyclone Alfred. Businesses in Hervey Bay, a region heavily impacted by the floods, report facing significant hurdles in having their damage claims recognized. - read more


Boat Insurance Articles

The Importance of a Specialist Insurance Broker for Your Boat Insurance Needs The Importance of a Specialist Insurance Broker for Your Boat Insurance Needs
When it comes to insuring your beloved boat, an insurance broker can be a valuable asset in finding the right coverage for your unique needs. Specifically, a specialist boat insurance broker can offer expert knowledge and tailored policies that traditional insurance agents may not be able to provide. - read more
Top Tips for Reducing Your Boating Costs in Australia Top Tips for Reducing Your Boating Costs in Australia
Australia's seascape offers an idyllic backdrop for boating enthusiasts, yet it also presents unique challenges. Boating in Australia is not just a pastime; it's a lifestyle embraced by many who are drawn to the water's edge. The costs associated with this lifestyle, however, can mount quickly. From maintenance to mooring fees, the financial aspect of boating is an unavoidable reality. In this article, we will delve into ways you can trim these costs without sacrificing your experience at sea. - read more
Common Boating Blunders: Expert Advice on How to Steer Clear Common Boating Blunders: Expert Advice on How to Steer Clear
Boating is a pastime enjoyed by millions around the globe, offering a unique blend of adventure, relaxation, and connection with nature. However, navigating the waters comes with its share of risks. Understanding the importance of safety on the waters cannot be overstated – it's not just about adhering to rules; it’s a pivotal aspect of responsible boat ownership and operation. - read more
Protecting Your Investment: The Importance of Boat Insurance in Australia Protecting Your Investment: The Importance of Boat Insurance in Australia
Have you ever imagined cruising the beautiful waters of Australia, feeling the wind in your hair and the sun on your face? While owning a boat offers immense joy and freedom, it also comes with responsibilities, one of which is ensuring your vessel is properly insured. - read more
Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia
Welcome to the nautical world of boat insurance – a crucial safeguard for any Australian skippering their own vessel. Whether you're a seasoned sailor or just beginning to dip your toes in the water, understanding the intricacies of boat insurance is essential in ensuring your maritime escapades are smooth sailing. - read more
Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia Understanding the Fine Print: A Beginner's Guide to Boat Insurance in Australia
Welcome to the nautical world of boat insurance – a crucial safeguard for any Australian skippering their own vessel. Whether you're a seasoned sailor or just beginning to dip your toes in the water, understanding the intricacies of boat insurance is essential in ensuring your maritime escapades are smooth sailing. - read more
Boat Insurance Hacks Every Aussie Skipper Needs to Know Boat Insurance Hacks Every Aussie Skipper Needs to Know
Navigating the waves around Australia's vast coastline is a pastime many hold dear. However, with great adventure comes the responsibility of ensuring your marine vessel is insured adequately. Skippers Down Under are no strangers to the unpredictable challenges at sea, and the significance of securing a suitable insurance policy cannot be overstressed. - read more
The Ultimate Guide to Boat Safety and Insurance Compliance in Australia The Ultimate Guide to Boat Safety and Insurance Compliance in Australia
Boating is a wonderful way to enjoy the beautiful waters of Australia. Whether you're fishing, sailing, or simply enjoying a day out on the water, safety should always be a top priority. - read more
The cost of insurance for recreational boats in Australia: What to expect The cost of insurance for recreational boats in Australia: What to expect
As a recreational boat owner in Australia, you are responsible for ensuring the safety of your vessel and passengers. This is where boat insurance comes in to play. Boat insurance is a type of insurance policy that can provide financial protection against damage to your boat, theft, and injury to passengers. - read more
Setting Sail with Confidence: Tips for Comparing Boat Insurance Policies in Australia Setting Sail with Confidence: Tips for Comparing Boat Insurance Policies in Australia
Welcome aboard, Aussie skippers! When it comes to navigating the waves, whether you're doing it for leisure or livelihood, securing the right boat insurance is as crucial as knowing your starboard from your port. With varied waters and changing conditions, Australian boat owners face unique challenges that make comprehensive insurance coverage not just a choice, but a necessity. - read more


Your free Boat insurance quote comparison starts here!
First Name:
Postcode:

All quotes are provided free (via our secure server) and without obligation. We respect your privacy.

Knowledgebase
Liability Insurance:
Insurance that provides protection from claims arising from injuries or damage to other people or property