Asteron has commenced a national roadshow this week where its focus is on partnering with advisers through this current period of industry change, at the same time rolling out new product and services initiatives.
Highlighting Asteron’s product initiatives is a special discount offer on the insurer’s income protection product, IP Advantage. With effect from 15 August 2011, all new IP Advantage contracts will attract a 10% premium discount for the life of the policy.
This special discount offer extends through to Asteron’s next major product features and rates review, set to take place during the first quarter of 2012.
The insurer is also outlining process improvements to advisers, designed for greater efficiency in placing new business.
Asteron’s Executive General Manager, Jordan Hawke, spoke to advisers about the need for the various elements of the life insurance industry to work together more closely in order to align its agenda for advancing the interests of consumers and the industry.
Mr Hawke singled out the current campaign on Future of Financial Advice reform proposals, such as the campaign against banning individual risk commissions in superannuation, as an example of how the life insurance industry can present a united message to Canberra, and that this in turn proves that the industry is capable of self-regulation on key issues.
Mr Hawke cited the issue of policy churning as one area in which the industry can arrive at a united, self-regulated solution, rather than being subject to future regulations initiated by the Government (see FSC Announces Move to Address Churning).
Asteron will visit all mainland capitals and key regional centres over the next two weeks as it delivers it ‘Partners through change’ message to advisers.
