Clearview Sold to Zurich for $415M - What It Means for Advisers & Clients

Описание: The insurance industry's worst kept secret is finally out. Clearview has been acquired by Zurich for $415 million - and honestly, we didn't see Zurich coming as the buyer. In this episode, Trent and Phil break down the deal, what it means for existing policyholders, and have a good old speculate about what Zurich might do with the Clearview brand.

But first, a bit of a history lesson. We walk through pretty much every major life insurer acquisition in Australia over the last decade or so. AMP, BT, CommInsure, OnePath, Integrity we've seen a few of these now and there's always that same question: what actually happens to my clients' policies?

*We get into:*

The Clearview → Zurich deal and what $415M gets you
A history of Australian life insurer acquisitions and what happened after each one
What happens to existing client policies when an insurer gets sold
Will Zurich keep the Clearview brand and its unique accident-only products alive?
Is market consolidation actually good for advisors and clients?
What Swiss Re pulling back on TPD means for the reinsurer market

Hope you enjoy it - let us know what you think in the comments!

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