A survey of its advisers will form a crucial component in the outcome of Financial Services Partners’ review of its preferred risk insurance providers.
To be assessed by FSP’s Adviser Risk Council, the review considers a range of processes and services provided by the life company preferred carriers, which include:
- Underwriting
- New policy processing
- Claims process
- Electronic capability
- Technical service and support
John Doyle, FSP’s National Sales and Development Manager, said “The relationships we seek to develop with providers have improved the outcomes our group can deliver for advisers and their clients.
The adviser survey is a real litmus test for tracking the success of the concept…
FSP’s Risk Council Chairperson, Christopher Hale, said “The adviser survey is a real litmus test for tracking the success of the concept and then assisting the product providers to lift their game where necessary.
In its first full year, FSP reports it’s preferred risk carrier strategy has provided superior results, including significant growth in risk sales during this period.
Current preferred risk providers to FSP include:
- Zurich
- TOWER
- ING
- CommInsure
- Axa
- Aviva
- AIA Australia
