Directors’ Report
Operating and financial review
The Board presents its FY24 operating and financial review to provide shareholders with an overview of the Company’s operations, business strategy, financial position and prospects for the future. This review complements the financial report. ClearView strategy ClearView is strategically focused on what ClearView does best: Life Insurance. ClearView’s vision is to help Australians and their families achieve peace of mind about their future while being a positive force for our people, partners, customers and community. To support the corporate vision, ClearView has articulated its key focus objectives aligned to purpose, people and performance as:
Business partner outcomes Be fair and transparent with
Earnings / Return on capital Grow the economic value of the company, reflected in share price, stable return on capital and regular dividend
Customer Outcomes
Community impact
People Outcomes
Capital adequacy
Support Australians and their families to achieve peace of mind for the future, by being easy to do business with
Be a positive force for the community by protecting the financial wellbeing and resilience of Australian society
Be an employer of choice,
Be a trusted brand to deliver on obligations
with a high- performance culture and collegiate small company feel
business partners
through prudent capital approach
to support long term relationships
PURPOSE
PEOPLE
PERFORMANCE
ClearView has refreshed its business strategy to focus on the growth of its core life insurance business. ClearView’s mission is to be a dynamic challenger targeting quality sustainable growth by being easy to do business with and delivering a superior customer experience. ClearView’s size and simplicity provide a competitive advantage through flexibility and speed to market, with the longer term aim to diversify its distribution channels and product offerings. Across the next twelve months (given the exit from wealth management), ClearView will revisit its Corporate Social Responsibility Agenda to assess where ClearView can make the most impactful change for the benefit of its customers, partners, people and the community. ClearView’s core life insurance strategy (in the retail segment) is broadly tracking to plan, achieved through simplification, disciplined execution and strategic transformation.
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ClearView Wealth Limited
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