The deal with TAL replaces UniSuper’s current arrangements with Hannover Re Life Australasia, which will cease on 29 November this year, with the new arrangements under TAL to commence the following day.
UniSuper executive manager, member and employer solutions, Chris Davies, said the switch was the result of UniSuper’s regular three-year review of its insurance arrangements.
“TAL was the standout tenderer due to their willingness to design an optimal solution for UniSuper and ultimately, our members,” Mr Davies stated.
UniSuper is the dedicated industry super fund for the higher education and research sectors.