{"id":46929,"date":"2019-10-29T12:48:36","date_gmt":"2019-10-29T02:48:36","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=46929"},"modified":"2019-10-29T12:48:36","modified_gmt":"2019-10-29T02:48:36","slug":"onepath-life-premium-projection-initiative","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2019\/10\/29\/onepath-life-premium-projection-initiative\/","title":{"rendered":"OnePath Life Premium Projection Initiative"},"content":{"rendered":"<p class=\"p2\"><span class=\"s1\">OnePath Life has established 10-year premium projections on alteration quotes for OneCare and OneCare Super policies.<\/span><\/p>\n<p><!--more--><\/p>\n<figure id=\"attachment_45176\" aria-describedby=\"caption-attachment-45176\" style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/06\/Gerard-Kerr-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-45176\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/06\/Gerard-Kerr-2.jpg\" alt=\"\" width=\"150\" height=\"180\" \/><\/a><figcaption id=\"caption-attachment-45176\" class=\"wp-caption-text\">Zurich&#8217;s Head of OnePath Propositions and Group Life, Gerard Kerr &#8230;OnePath Life is on a new path<\/figcaption><\/figure>\n<p class=\"p2\"><span class=\"s1\">The move aims to provide greater certainty and clarity for advisers and their clients.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The projections mean that advisers can have more meaningful conversations with their clients about the estimated future cost of their premiums, facilitating greater understanding and trust. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">It replaces the current manual process where advisers contact OnePath Life, rather than doing the projection on-the-spot with their clients. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">OnePath\u2019s Head of Propositions and Group Life,\u00a0<strong>Gerard Kerr<\/strong><\/span><span class=\"s1\">, says the insurer intends to continue investing in its products and enhancements.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cOnePath Life is on a new path to increase the understanding, engagement, and interaction clients have with their insurances. Developing tools such as the 10-year premium projection tool is another example of our ongoing development,\u201d said Kerr. <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">Earlier this year, OnePath Life introduced the ability to quote on increases and decreases for OneCare policies through OneView Life (see: <a href=\"https:\/\/riskinfo.com.au\/news\/2019\/05\/06\/onepath-enhances-quoting-capability\/\" target=\"_blank\" rel=\"noopener\">OnePath Enhances Quoting Capability\u2026<\/a>). <\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The insurer stated that both enhancements were designed to make OneCare insurance policies more flexible and relevant to the changing needs of clients.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">\u201cOnePath Life recognises there is always more to do to make insurance better, and we are building a good track record of enhancements and innovation that show true commitment to this goal,\u201d said Kerr.<\/span><\/p>\n<p class=\"p2\"><span class=\"s1\">The 10-year premium projections automatically shows up when a quote is generated through OneView Life.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>OnePath Life has established 10-year premium projections on alteration quotes for OneCare and OneCare Super policies.<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,5,7],"tags":[],"class_list":{"0":"post-46929","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-company-news","7":"category-services","8":"category-technology"},"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/46929","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=46929"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/46929\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=46929"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=46929"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=46929"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}