Professional Indemnity Insurance Online :: News
SHARE

Share this news item!

Hostplus and MetLife Australia Strengthen Ties with Extended Partnership

Enhanced Insurance Services for Hostplus Members Through 2028

Hostplus and MetLife Australia Strengthen Ties with Extended Partnership?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Hostplus, a prominent Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028.
This collaboration, which began in 2013, aims to provide comprehensive insurance coverage to Hostplus members, including Death, Total and Permanent Disablement (TPD), and Income Protection insurance.

David Elia, CEO of Hostplus, highlighted the significance of this partnership, stating that it offers a pathway to strengthen collaboration and deliver innovative and enhanced offerings to members. The extended agreement is expected to unlock new opportunities to elevate servicing models across claims and underwriting, ultimately delivering stronger outcomes for Hostplus members.

Members have already experienced benefits from this partnership, such as lower premiums, improved insurance terms, and a more personalised claims experience. Currently, over 865,000 Hostplus members have access to group insurance through this collaboration.

MetLife Australia CEO Richard Nunn expressed pride in the enduring partnership, emphasizing a shared commitment to delivering seamless, personalised insurance experiences that uplift member outcomes. He noted that MetLife's vision to be the leading digital insurer focuses on delivering insurance service excellence to support Australians throughout their life with sustainable life insurance cover.

Hostplus has outlined key changes to its insurance offering in a Significant Event Notice to members in August 2024. Further enhancements are planned over the coming 12 months to support improved member value and experience.

For members, this extended partnership signifies a continued commitment to providing cost-effective and comprehensive insurance solutions within their superannuation fund. It also reflects the evolving landscape of life insurance in Australia, where superannuation funds play a crucial role in offering group insurance to their members.

As the industry continues to adapt to changing regulatory requirements and consumer expectations, partnerships like that of Hostplus and MetLife Australia demonstrate a proactive approach to meeting the needs of Australian workers seeking financial security for their families.

Published:Thursday, 7th May 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

Share this news item:

Insurance News

Navigating Rising Premiums: Challenges for Australian Insurers
Navigating Rising Premiums: Challenges for Australian Insurers
07 May 2026: Paige Estritori
The Australian insurance sector is currently confronting significant challenges, with premium affordability emerging as a primary concern. This issue has ascended to the forefront, surpassing other pressing matters such as cyber risks and workforce shortages. The escalation in premiums is largely attributed to a combination of rising inflation, increased climate-related losses, and stringent regulatory pressures. - read more
ACCC Halts IAG's Bid to Acquire RAC Insurance
ACCC Halts IAG's Bid to Acquire RAC Insurance
07 May 2026: Paige Estritori
The Australian Competition and Consumer Commission (ACCC) has recently intervened to block Insurance Australia Group's (IAG) proposed acquisition of RAC Insurance. This decision underscores the regulator's commitment to maintaining competitive dynamics within the Australian insurance market. - read more
Australian Insurers Respond to Cost Increases Amid Middle East Conflict
Australian Insurers Respond to Cost Increases Amid Middle East Conflict
07 May 2026: Paige Estritori
The ongoing conflict in the Middle East has had far-reaching economic repercussions, including significant impacts on the Australian insurance industry. Insurers are now grappling with rising costs due to disrupted supply chains, increased fuel prices, and heightened material expenses. In response, the Insurance Council of Australia (ICA) has initiated measures to support customers during this challenging period. - read more
Hostplus and MetLife Australia Strengthen Ties with Extended Partnership
Hostplus and MetLife Australia Strengthen Ties with Extended Partnership
07 May 2026: Paige Estritori
Hostplus, a prominent Australian superannuation fund, has announced the extension of its group insurance partnership with MetLife Australia until June 2028. This collaboration, which began in 2013, aims to provide comprehensive insurance coverage to Hostplus members, including Death, Total and Permanent Disablement (TPD), and Income Protection insurance. - read more
APRA and ASIC Publish December 2025 Life Insurance Claims and Disputes Data
APRA and ASIC Publish December 2025 Life Insurance Claims and Disputes Data
07 May 2026: Paige Estritori
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have jointly released the Life Insurance Claims and Disputes Statistics publication, covering the period from January 1, 2025, to December 31, 2025. This comprehensive report offers valuable insights into the performance of the Australian life insurance industry over the past year. - read more


Professional Indemnity Insurance Articles

Common Misconceptions About Professional Indemnity Insurance Debunked
Common Misconceptions About Professional Indemnity Insurance Debunked
Professional indemnity insurance is a type of coverage specifically designed to protect consultants and business professionals from legal claims and financial losses due to errors or omissions in their services. It provides peace of mind for those who offer expert advice or services to clients. - read more
Why Professional Indemnity Insurance is Vital for Protecting Your Reputation as a Consultant
Why Professional Indemnity Insurance is Vital for Protecting Your Reputation as a Consultant
As a consultant, safeguarding your professional reputation is crucial. One effective way to do this is through Professional Indemnity Insurance. But what exactly is it? In simple terms, professional indemnity insurance is designed to protect professionals against claims made by clients for professional negligence or breach of duty. It acts as a safety net, covering legal costs and any damages awarded, if a client alleges that you've made a mistake or left them shortchanged by your services. - read more
How to Tailor Your Professional Indemnity Insurance for Better Liability Coverage
How to Tailor Your Professional Indemnity Insurance for Better Liability Coverage
Professional indemnity insurance is designed to protect professionals from legal claims made against them due to mistakes or negligence in their work. It acts as a safeguard, covering legal costs and any damages awarded, ensuring that professionals can continue their practice without financial burden. - read more
Understanding Risk Management: A Guide for Australian Professionals
Understanding Risk Management: A Guide for Australian Professionals
Risk management is a crucial concept that involves identifying, assessing, and prioritizing risks with the aim of minimizing their impact. For professionals, understanding and effectively managing risks can make the difference between stagnant growth and thriving success. But why is it particularly significant for those in Australia? - read more
Top 5 Reasons Australian Professionals Need Tailored Indemnity Insurance
Top 5 Reasons Australian Professionals Need Tailored Indemnity Insurance
In the fast-paced and dynamic landscape of today’s professional world, indemnity insurance has become a cornerstone of financial security for many Australian professionals. This type of insurance provides protection against claims of negligence or breach of duty made by clients or third parties. Without this safeguard, professionals may face substantial legal fees and damages that can significantly impact their financial stability. - read more

Knowledgebase
Subrogation:
The process by which an insurance company seeks to recover the amount paid to the policyholder from a third party responsible for the loss.