Asgard awarded for insurance product


Ratings house Canstar has awarded Asgard an Innovation Award for its Mortgage Acceptance Cover product.
In making the award, Canstar noted that the product was different to anything else available in Australia, and offered death and total and permanent disability (TPD) cover up to $500,000 without any underwriting.
"The big difference with this product is that it is available irrespective of which lender you borrow from," the ratings house noted.
Canstar said it examined 49 products released over the last 12 months that it considered unique.
Recommended for you
A former Northern Territory financial adviser has received a seven-year ban from ASIC, having been convicted of supplying dangerous drugs and receiving or possessing the proceeds of their sale.
Both Bain Capital and CC Capital have made revised bids for Insignia Financial after completing a period of due diligence.
The advice industry has reached triple-digit gains for the calendar year to date, with two licensees seeing gains of five during the week.
Targeting market leadership in digital advice, Bravura’s digital solutions are now available to over 6 million superannuation fund members.