Getting behind the wheel
With an improved service in mind, CommInsure has made the decision to underwrite its own car insurance product, taking the responsibility from previous underwriter Allianz.
The new arrangement, which will involve Lumley General Insurance managing the claims process, gives CommInsure control over what premiums are charged and the inclusion of additional features and benefits.
Additional features of the new product include an accidental death benefit of $5,000 and an up to 70 per cent no claim discount.
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The financial advice industry has enjoyed another week of strong new entrant numbers, totalling nearly 40 for the past fortnight, thanks to the latest exam passes.
Momentum Media’s wealth publishing network – comprising InvestorDaily, ifa, SMSF Adviser, Money Management, and Super Review – is proud to launch the annual Australian Wealth Management Awards.
Investment information firm Equity Story has signed a binding heads of agreement to acquire South Australian financial advisory and stockbroker Baker Young for $4.2 million.
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.
