Asteron implements online interactive health program
Asteron is implementing an online health insurance program designed to improve the health of their insured clients.
They will also reduce premiums for any clients who can prove they have improved their health through the program. The reductions will be offered by reduced premium loadings.
The program will offer nutritional tips and exercise programs with the aim of changing clients' lifestyles.
Asteron general manager Jordan Hawke said the industry did nothing to address the chronic health conditions of many Australians when they were assessing the underwriting needed for an insurance policy.
Hawke emphasised that the online program, which was developed by physiologists and cardiologists, was a long-term sustainable program to return their clients to healthy lives.
The insurance industry needed to move away from products towards providing holistic insurance advice, he said.
Recommended for you
Net cash flow on AMP’s platforms saw a substantial jump in the last quarter to $740 million, while its new digital advice offering boosted flows to superannuation and investment.
Insignia Financial has provided an update on the status of its private equity bidders as an initial six-week due diligence period comes to an end.
A judge has detailed how individuals lent as much as $1.1 million each to former financial adviser Anthony Del Vecchio, only learning when they contacted his employer that nothing had ever been invested.
Having rejected the possibility of an IPO, Mason Stevens’ CEO details why the wealth platform went down the PE route and how it intends to accelerate its growth ambitions in financial advice.