{"id":4991,"date":"2010-02-22T17:33:03","date_gmt":"2010-02-22T07:33:03","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=4991"},"modified":"2020-02-06T08:08:10","modified_gmt":"2020-02-05T21:08:10","slug":"surprising-results-for-tower-online-take-up","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2010\/02\/22\/surprising-results-for-tower-online-take-up\/","title":{"rendered":"&#8216;Surprising&#8217; Results for TOWER Online Take-up"},"content":{"rendered":"<p>TOWER Australia says it has experienced &#8216;surprising&#8217; results in the early take-up of its new online Accelerated Protection\u00a0life insurance solution.<\/p>\n<p><!--more-->Since being made available for general release at the start of November 2009 (<a href=\"https:\/\/riskinfo.com.au\/news\/2009\/10\/27\/tower-accelerated-protection-launch-end-to-end-service-proposition\/\" target=\"_self\" rel=\"noopener noreferrer\">click here<\/a>\u00a0for\u00a0background story), the number and type of submissions recveived by the insurer had been remarkable, according to\u00a0TOWER&#8217;s Head of Distribution, <strong>Patrick OConnor<\/strong>.<\/p>\n<p>Mr O&#8217;Connor said that when TOWER launched Accelerated Protection, the insurer was hoping for about 70% of all applications to be submitted electronically:<\/p>\n<p>&#8220;This is actually quite high, when you compare it to our competitors who are mostly running in the 40% to 50% range.\u00a0\u00a0But with Accelerated Protection, the figure is closer to 90%. \u00a0And in one week, we achieved 98%,&#8221; said Mr O&#8217;Connor.<\/p>\n<p>&#8220;This is a remarkable outcome, and proof that advisers see the value of the technology and the process.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOWER Australia says it has experienced &#8216;surprising&#8217; results in the early take-up of its new online Accelerated Protection\u00a0life insurance solution.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48,4],"tags":[],"class_list":["post-4991","post","type-post","status-publish","format-standard","category-company-news","category-products"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/4991","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=4991"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/4991\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=4991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=4991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=4991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}