CommInsure is a leader in the Australian insurance industry and the insurance arm of the Commonwealth Bank Group.
  
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About CommInsure

CommInsure is a leader in the Australian insurance industry and part of the Commonwealth Bank Group. The CommInsure name was first introduced in 1999. Although the name is relatively new, CommInsure's roots within the Australian insurance industry go back well over one hundred years.
 
Important dates in CommInsure's history
  • 1873 - The Colonial Mutual Life Assurance Society established
  • 1912 - Commonwealth Bank established
  • 1975 - Commonwealth Bank offers building insurance
  • 1995 - Commonwealth Bank launches Commonwealth Connect Insurance Limited (CCIL)
  • 1997 - Colonial acquires Prudential
  • 1998 - CCIL changes it's name to Commonwealth Insurance Limited (CIL)
  • 1999 - CIL starts using CommInsure as its brand name
  • 2000 - Commonwealth Bank acquires Colonial
  • 2002 - Colonial insurance operations come under CommInsure brand
 
Straightforward Insurance Solutions

CommInsure helps protect the lifestyles of Australians. We offer an extensive range of straightforward insurance solutions at affordable premiums with a fresh approach through innovation, simplicity, competitive products and responsive service.
 
Products and Services

General Insurance

  • Home Insurance
  • Car Insurance


  • Life Risk Insurance
      Personal Insurance
  • Life Cover
  • Income Protection Cover
  • Total and Permanent Disablement Cover
  • Trauma Cover


  • Group
  • Life
  • Salary Continuance


  • Immediate Annuities

  • Short Term (up to 5 years)
  • Long Term (6-25 years for secure income in retirement)
  • Complying (lifetime retirement income)


  • Responsible Investing



    Principles for Responsible Investment

    For more information visit www.unpri.org

    What is Responsible Investing?

    Responsible Investing involves the consideration of environmental, social and corporate governance (ESG) factors within the investment decision making process. Responsible investing is only concerned with the financial impact of ESG factors on investment decisions.



    Why is Responsible Investing important?

    Different risks, including ESG risks, have the potential to have a significant impact on the financial performance of investments, such as company shares. If there is a greater focus on risk by fund managers then better investment decisions will be made.

    We believe that considering ESG risks in the investment decision making process should improve long-term, risk-adjusted returns. This is consistent with a growing view amongst investment professionals that ESG risks can impact the financial performance of investment portfolios.



    CommInsure and Responsible Investing

    CommInsure aims to be a responsible investor. To help achieve this CommInsure has become a signatory to the United Nations Principles for Responsible Investment (UN PRI). The UN PRI provides a framework for responsible investing, including the consideration of environmental, social and corporate governance (ESG) factors into the investment process.



    What does Responsible Investing mean to CommInsure?

    Where appropriate, CommInsure has incorporated the UN PRI framework into our own investment research processes.

    This includes collaboration with our appointed fund managers and other industry participants to encourage responsible investing and increase the level of reporting and transparency in this area.

    CommInsure’s approach is to encourage and support the fund managers we appoint to consider ESG factors when making their investments. This does not mean that the fund managers must exclude certain investments based purely on ESG risks; however we do expect them to weigh up all investment risks.

    Therefore, we encourage fund managers to be active in questioning companies about how they conduct their business and mitigate all risks, and we require regular reporting from our fund managers about how they vote at meetings.

    Disclaimer:This information contains general information only and has been prepared without considering your objectives, financial situation or needs. Before acting on this information you should consider its appropriateness to your circumstances. You should consider the relevant offer documents available from CommInsure and consider talking to a financial adviser before making an investment decision. CommInsure is a registered business name of The Colonial Mutual Life Assurance Society Limited ABN 12 004 021 809 AFSL 235035 (CMLA).



     


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