18 August 2022
Maritime Super reappoints MLC Life Insurance as group insurer
MLC Life Insurance has been reappointed as Maritime Super's group insurer effective 1 July 2022 and will continue to provide its members with cover for death, total and permanent disablement as well as income protection.
Maritime Super is the largest industry fund for maritime workers and is one of Australia’s longest-running super funds, supporting members for over 50 years. The Fund has more than 24,000 members, mainly from the Seafaring and Stevedoring industries, and has almost $6bn in funds under management.
Peter Robertson, Chief Executive Officer, Maritime Super, said, “We are delighted to recommit with MLC Life Insurance to provide important insurance cover for our members. They have done a great job in providing a tailored insurance offer since our partnership began in 2019. We look forward to rolling out their Vivo health, wellness and recovery service, in addition to their new digital claims experience, to members in the second half of this year.
Mark Puli, Chief Group Insurance Officer, MLC Life Insurance, said the reappointment was an endorsement of the collaborative work done between both partners to support members and improve their insurance experience.
“We are thrilled Maritime Super has recommitted with us. Their passion for supporting members fits with our promise to be there for all our customers in their time of need. We look forward to continuing our support for Maritime Super through their planned merger with Hostplus to ensure a seamless transition for their members.”
MLC Life Insurance officially launched its Vivo health, wellness and recovery program earlier this week. It is designed to provide support to customers wanting to improve their health and wellbeing throughout all life stages. Members from MLC Life Insurance’s group partners will get access to Vivo over the remainder of this year and into 2023.
Mark continued:
“We have bold plans to grow our presence in the group insurance market and the recommitment of partners like Maritime Super is important to support this. With the financial backing of Nippon Life and through investment in our digital claims experience and Vivo, we offer a genuine point of difference to our competitors. We are excited bring these offers to industry funds.”