MLC Life Insurance was created out of the landmark $2.4bn deal between NAB and one of the world’s leading life insurers, Nippon Life Insurance Company. Establishing a long term partnership in Australia, MLC Life Insurance aims to be the #1 Life Insurer in this country. MLC Life Insurance will be uniquely positioned: the joining of NAB’s leading domestic franchise and Nippon Life’s global insurance expertise will result in a powerful combination that will see significant investment in the local business, creating stronger growth and returns by:
- Embracing a culture of innovation to create new products and solutions, with an aim to be one of the most dynamic Life Insurers in Australia
- Strengthening our excellence in underwriting, claims management and pricing with new investment to enhance our claims management practice
- Simplifying our systems and structures enabling an increase in customer response times
- Investing in our digital channels making it easier for customers to manage their insurance and provide more advanced support; and
- A strong commitment to long term sustainable growth in the Australian market
Our shared values between NAB and Nippon Life of mutual respect, collaboration and an obsession with the customer make this an exciting opportunity to join MLC Life Insurance at its inception.
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