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VicSuper ditches AMP for MetLife

By Reporter
 — 1 minute read

VicSuper has appointed MetLife as its new group insurer, ending a 24-year relationship with AMP.

The $19 billion industry fund VicSuper has selected MetLife as its new group insurer, displacing AMP.

The appointment follows a tender process that involved Metlife, AMP and four other insurance companies.

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VicSuper chief executive Michael Dundon said MetLife stood out as the best insurer to meet the super funds "current needs".

"Their customer-centric focus will allow us to continue to service our members with a great deal of care, transparency and efficiency, while further increasing the value we deliver," Mr Dundon said.

"We have had a very successful relationship with our current insurer AMP for many years and maintaining that high quality of service is very important to us.

"Our key focus is continuing to deliver a high quality of service and keeping members informed as we transition to MetLife. I would like to thank AMP, who are one of our longest serving providers."

The appointment is subject to final completion of due diligence.

 


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VicSuper ditches AMP for MetLife
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