Life Risk Group to Acquire PFL’s LifeRisk Online

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Research house Plan For Life (PFL) has sold its online premium quotation business, LifeRisk Online, to the Life Risk Group.

The Life Risk Group, under its MD, Stephen Dingjan, has provided consulting services to PFL for the past 14 years and says it will continue to provide it with consulting support in risk insurance areas, particularly the Risk Benchmarking Reports, on which are based the Plan For Life/AFA Life Insurance Company of the Year Awards.

The Life Risk Group will offer services that include:

  • LifeRisk Online
  • Risk insurance benchmarking for Plan For Life
  • Consulting services such as risk approved list consulting and facilitation services to life companies and licensees
  • Quotation systems for desktop, web and smartphones, in particular iPhones

In its release, Life Risk Group says it will be relaunching an expanded and enhanced LifeRisk Online subscription service for advisers later this month, which will include a complete insurance product package scoring system that includes:

  • Rates
  • Features
  • Service quality
  • Financial strength
  • Market performance