ClearView Wealth Limited

What ClearView Wealth Limited does

ClearView Wealth Limited is an ASX-listed Australian life insurance company that distributes life insurance products exclusively through a network of 5,000+ licensed financial advisers to a base of more than 100,000 customers. The company's core product range, marketed as ClearChoice, includes Life Cover, Income Protection (replacing up to 70% of pre-disability earnings), Trauma Cover, Total and Permanent Disability (TPD) Cover, Child Cover (up to A$200,000 for children aged 2–18), and Business Expense Cover. Pricing is quote-based on individual risk factors such as age, health, occupation, and benefit amount, with stepped, level, and hybrid premium structures billed annually. The company generates revenue primarily through recurring insurance premiums.

Following a strategic simplification, ClearView fully exited its wealth management business between December 2024 and March 2025: WealthSolutions and WealthFoundations members were transferred to HUB24, the Roll-Over Bond was terminated, the Savings Bond matured, and Managed Investments moved to Human Financial Management. The company also completed a major technology modernization in February 2026, going live with Equisoft/manage, a cloud-based policy administration system that consolidated all in-force life insurance and closed book portfolios onto a single modern platform with zero data loss — positioning the company for AI-enabled cost reduction and digital capability uplift.

ClearView reported strong financial performance in FY25, with in-force premiums of A$413 million as of June 2025, net assets of A$349.8 million, and net cash and investment reserves exceeding A$680 million. The company paid A$181.94 million in claims (1,094 claims) during FY25 and delivered a 77% increase in group underlying NPAT to A$22.1 million in H1 2026. On 31 July 2026, Zurich Financial Services Australia completed its acquisition of ClearView through a scheme of arrangement at A$0.65 per share, valuing the company at approximately A$415 million; ClearView now operates as a subsidiary of Zurich's Australian platform.

Name

ClearView Wealth Limited

Legal name

ClearView Wealth Limited

Website

https://clearview.com.au

Company type

Public

Founded year

1994

Operating status

Acquired

Headcount range

251–500 employees

Short description

ClearView Wealth Limited is an ASX-listed Australian life insurance company that distributes Life Cover, Income Protection, Trauma, TPD, Child Cover, and Business Expense products exclusively through 5,000+ financial advisers to over 100,000 customers. It exited wealth management in 2024–2025 and was acquired by Zurich in July 2026.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

Keywords

• Life insurance products
• Adviser distribution
• Claims management
• Insurance underwriting
• Superannuation insurance

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Life Insurance Premiums: ClearView generates revenue primarily through insurance premium payments collected from policyholders. Premiums are calculated based on factors including age, health, occupation, type of cover, benefit amount, and policy duration. The company offers various premium types including variable age-stepped, variable (level), and hybrid premium structures.
2. Wealth Management (Divested): ClearView has exited the wealth management business. WealthSolutions and WealthFoundations members were transferred to HUB24 in December 2024 and March 2025 respectively. The legacy Roll-Over Bond has been terminated and Savings Bond accounts have matured.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ClearView Wealth Limited underwrites and distributes life insurance products under the ClearChoice range, including Life Cover, Income Protection, Trauma Cover, Total and Permanent Disability (TPD) Cover, Child Cover, and Business Expense Cover. Products are sold exclusively through a network of 5,000+ licensed Australian financial advisers to approximately 100,000 customers, with a supporting cloud-based Equisoft policy administration platform and adviser portals for quoting, application, and policy servicing.

Product overview

ClearView Wealth Limited is an ASX-listed Australian life insurance company that operates primarily as a direct and adviser-distributed insurance provider. The company's core product is ClearView ClearChoice, a flexible life insurance range that includes Life Cover, Income Protection, Trauma Cover, Child Cover, TPD Cover, and Business Expense Cover. The company previously operated a wealth management business (WealthSolutions, WealthFoundations, Roll-Over Bond, Savings Bond, and Managed Investments) but has fully exited this segment, with all wealth products transferred to HUB24 or Human Financial Management Limited as of 2024-2025. ClearView now focuses exclusively on life insurance and related superannuation products (ClearChoice Super), distributed through over 5,000 financial advisers to approximately 100,000 customers.

Differentiator

Problem solved

Functional benefit

Brands

• ClearView ClearChoice: Life insurance product range including Life Cover, Income Protection, Trauma Cover, Child Cover, TPD Cover, and Business Expense Cover.

Products and services

• ClearView ClearChoice Life Insurance Range Flexible life insurance product range distributed exclusively through licensed financial advisers, covering protection against death, terminal illness, sickness, injury and disability for Australian individuals and families. Includes six integrated cover types sold as a family of offerings, with continued cover guarantees, automatic inflation increases and worldwide 24/7 coverage.
• Life Cover Lump-sum life insurance benefit paid to beneficiaries on the insured's death or terminal illness diagnosis, designed to clear mortgages, pay debts and maintain family living standards. Sold via licensed financial advisers to Australian individuals and families.
• Income Protection (IP) Cover Monthly income protection insurance benefit that replaces up to 70% of pre-disability earnings when the insured is unable to work due to illness or injury, with selectable benefit periods. Distributed through licensed financial advisers.
• Trauma Cover Lump-sum trauma insurance benefit paid on diagnosis of serious illness or specified conditions such as cancer, heart attack or stroke, supporting treatment costs, debt repayment and recovery. Sold via licensed financial advisers.
• Child Cover Life insurance cover for children aged 2-18 providing up to A$200,000 benefit for specified serious conditions or in the event of the child's death. Sold via licensed financial advisers.
• Total and Permanent Disability (TPD) Cover Lump-sum total and permanent disability insurance benefit paid when the insured is totally and permanently disabled and unable to work due to illness or injury, funding home modifications, medical costs and ongoing living expenses. Distributed via licensed financial advisers.
• Business Expense Cover Insurance product covering eligible business expenses for up to one year for self-employed individuals and small business owners during illness or injury recovery. Sold via licensed financial advisers.
• ClearView ClearChoice Super Superannuation product issued by HTFS Nominees Pty Limited (trustee of HUB24 Super Fund) that allows members to hold ClearView life insurance within superannuation.
• ClearView ClearChoice Super Rollover Superannuation rollover product issued by HTFS Nominees Pty Limited that enables members to transfer superannuation funds while maintaining ClearView life insurance coverage.

Quantifiable outcome

• A$181.94 million in claims paid in FY25 ($498,461 every working day)
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• EquisoftcoreTechnology or Integration · 24 February 2026ClearView implemented Equisoft/manage, a cloud-based policy administration system that consolidates all in-force life insurance and closed book portfolios onto a single modern platform. The migration resulted in zero data loss and positions ClearView for enhanced digital capabilities, AI-enabled cost reduction, and technology-led growth.

Scale indicators10 records

Recent moves10 records

Expansion highlights3 records

Direct peers

• TAL (TAL Life Limited): Direct competitor — one of Australia's largest specialist life insurers, offering life, TPD, trauma, income protection, and child cover through a similar financial adviser distribution model. Most directly comparable Australian life insurance peer.
• AIA Australia: Major Australian life insurer offering life, income protection, trauma, and TPD cover distributed through advisers and group channels. Overlaps with ClearView's ClearChoice product range and adviser-led GTM.
• Real Insurance Australia: Australian specialist life and funeral insurance provider distributed through direct and adviser channels. Comparable life insurance product range and Australian-only footprint.
• NobleOak Life Insurance: Australian direct and adviser-distributed life insurer offering term life, TPD, trauma, and income protection. Smaller challenger peer with overlapping product set and adviser distribution model.
• Resolution Life Australasia: Specialist life insurance operator in Australia managing closed and in-force life books, including legacy portfolios. Comparable business model focused on life insurance administration and back-book management.
• MLC Life Insurance: Australian life insurance provider (now owned by Nippon Life) offering life, income protection, trauma, and TPD products primarily through financial advisers. Directly comparable product set and distribution model.

Broad incumbents

• Zurich Australia (parent): Zurich Financial Services Australia acquired ClearView in 2026; operates a broader portfolio of general insurance, life, and wealth offerings. Relevant as the parent and as a broader incumbent in the same Australian life market.
• MetLife Australia: Global life insurer with Australian life insurance operations offering life, TPD, income protection, and trauma cover. Comparable product offerings and Australian adviser-channel distribution.
• Allianz Australia Life Insurance: Global insurer's Australian life insurance arm offering life, TPD, trauma, and income protection. Comparable product set but operates as part of a broader multi-line insurance and wealth portfolio.
• BT (Westpac) Life Insurance: Westpac's wealth and life insurance arm offering life, income protection, and TPD cover within a broader financial services platform. Comparable products but distributed through a larger bank-led wealth platform rather than specialist adviser channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/clearview_au
• LinkedInlinkedin.com/company/clearview-retirement-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ClearView Wealth Limited