PIS leads life cover sales survey

PIS/insurance/life-insurance/professional-investment-services/chief-executive/

21 April 2008
| By Liam Egan |
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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.”

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