This case study concerned the direct sale of life insurance by ClearView Life Assurance Limited (ClearView), and ClearView’s engagement with the Australian Securities and Investments Commission (ASIC) in respect of its sales practices. The Commission heard evidence from Mr Gregory Martin, the Chief Actuary and Chief Risk Officer of ClearView Wealth Limited, the ultimate holding company of ClearView.[1]
[1] Exhibit 6.28, Witness statement of Gregory Martin, 21 August 2018, 1 [1].