PIS leads life cover sales survey

PIS insurance life insurance professional investment services chief executive

21 April 2008
| By Liam Egan |
image
image
expand image

Robbie Bennetts

Dealer group Professional Investment Services posted the highest insurance sales in Australia during the December quarter last year, according to a survey by NMG Financial Services Consulting (NMG).

The global consultant’s Risk Distribution Monitor survey revealed PIS sales during the quarter were $1.5 million ahead of nearest competitor ING dealer group Millennium3.

PIS chief executive Robbie Bennetts described the result as an “outstanding achievement”, considering insurance had only become part of PIS’ core repertoire after it bought IFMA from Norwich Union in 2000.

“It’s a credit to our team that in such a relatively short time frame we are a force to be reckoned with in the highly competitive life insurance market in Australia.”

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 2 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 2 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 2 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

1 week ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

3 weeks 6 days ago

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

6 days ago