{"id":84072,"date":"2026-09-29T11:28:47","date_gmt":"2026-09-29T01:28:47","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=84072"},"modified":"2026-09-29T11:28:47","modified_gmt":"2026-09-29T01:28:47","slug":"risk-hub-launches-end-to-end-risk-advice-platform","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/09\/29\/risk-hub-launches-end-to-end-risk-advice-platform\/","title":{"rendered":"Risk Hub Launches End-To-End Risk Advice Platform"},"content":{"rendered":"<p>Dedicated risk advice service provider, <a href=\"https:\/\/riskhub.com.au\/\" target=\"_blank\" rel=\"noopener\">Risk Hub<\/a>, has launched a new AI-powered advice platform, <a href=\"https:\/\/demo.riskcompanion.com.au\/#\" target=\"_blank\" rel=\"noopener\">Risk Companion<\/a>, designed primarily to help financial advisers significantly reduce the time involved in writing new life insurance business.<\/p>\n<p>The firm\u2019s Founder, <strong>Marc Fabris<\/strong>, says the intention behind Risk Companion is to bring together the advice process from fact find and needs analysis through to product quotations, pre-assessment, strategy development and production of the Statement of Advice.<\/p>\n<figure id=\"attachment_73674\" aria-describedby=\"caption-attachment-73674\" style=\"width: 150px\" class=\"wp-caption alignright\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/10\/Marc-Fabris-scaled-e1728951995259.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-73674\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/10\/Marc-Fabris-scaled-e1728951995259-246x300.jpg\" alt=\"\" width=\"150\" height=\"183\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2024\/10\/Marc-Fabris-scaled-e1728951995259-246x300.jpg 246w, https:\/\/riskinfo.com.au\/news\/files\/2024\/10\/Marc-Fabris-scaled-e1728951995259-345x420.jpg 345w, https:\/\/riskinfo.com.au\/news\/files\/2024\/10\/Marc-Fabris-scaled-e1728951995259.jpg 694w\" sizes=\"auto, (max-width: 150px) 100vw, 150px\" \/><\/a><figcaption id=\"caption-attachment-73674\" class=\"wp-caption-text\">Risk Hub Founder Marc Fabris &#8230;significantly reducing the time needed to complete risk new business<\/figcaption><\/figure>\n<p>He says the platform has been developed and refined using live client cases, with more than 50 clients having already progressed through the system during its development phase.<\/p>\n<p>Fabris says a central objective of the platform is to remove the need for advisers and support staff to enter the same client information at different stages of the advice process.<\/p>\n<p>Supporting this point, Melbourne risk specialist adviser, <strong>Paul Milbourne<\/strong>, who has been involved in developing and testing the platform, has commented on the time saving he and his team have experienced: &#8220;New-client work that used to take us 12 to 14 hours is now under six, which means more time with clients and less time on paperwork.&#8221;<\/p>\n<blockquote><p>The whole core has been built around how we can help an adviser cut the time to get new business on the books<\/p><\/blockquote>\n<p>While Risk Companion also supports existing-client reviews, Fabris says the predominant focus has been on new business: \u201cThe whole core has been built around how we can help an adviser cut the time to get new business on the books.\u201d<\/p>\n<p><strong>Integrated quotation and policy data<\/strong><\/p>\n<p>Life insurance quotations on this new platform are sourced through premium comparison service LifeRisk Online, where a technology connection is used to transfer client information and sums insured from the needs analysis directly into the quotation process.<\/p>\n<p>Fabris says an important distinction is that the resulting illustrations are actual life company quotes generated through LifeRisk Online rather than replicated product pricing.<\/p>\n<p>He adds the risk advice platform is also connected via technology links to CDM Solutions, which delivers existing policy data into the platform.<\/p>\n<p>He says this connection is intended to give advisers ready access to current information about a client&#8217;s existing cover when obtaining and assessing new quote comparisons.<\/p>\n<p>AI is deployed at various points in the process, including document extraction and the production of advice material, while the platform can also import information from fact finds, needs calculations and other documents produced by external advice systems.<\/p>\n<p>Fabris says this means Risk Companion can operate as the principal advice system for a specialist risk practice, or alongside an existing CRM and advice technology environment.<\/p>\n<blockquote><p>A process previously taking one practice between 45 and 90 minutes can now &#8230;be drafted &#8230;in under a minute<\/p><\/blockquote>\n<p>Another intended efficiency gain is the production of the pre-advice strategy document. A process previously taking one practice between 45 and 90 minutes can now, according to Fabris, be drafted by Risk Companion in under a minute for the adviser to review, using information already captured through the advice process.<\/p>\n<p>Fabris says the pre-assessment process has drawn a strong response from advisers in demonstrations to date. Health, occupation and lifestyle details captured once in the fact find are used to prepare anonymised pre-assessment requests, which he says means &#8220;\u2026less back-and-forth with the client and the insurer before a recommendation is made.&#8221;<\/p>\n<p>Having now moved beyond its pilot phase, Fabris says Risk Companion is being rolled out to additional practices. Advisers can <a href=\"https:\/\/demo.riskcompanion.com.au\/#\" target=\"_blank\" rel=\"noopener\">click here<\/a> to learn more.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dedicated risk advice service provider, Risk Hub, has launched a new AI-powered advice platform, Risk Companion, designed primarily to help financial advisers significantly reduce the time involved in writing new life insurance business. The firm\u2019s Founder, Marc Fabris, says the intention behind Risk Companion is to bring together the advice process from fact find and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":84078,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8286,7734],"tags":[],"class_list":["post-84072","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","category-featured"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84072","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=84072"}],"version-history":[{"count":5,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84072\/revisions"}],"predecessor-version":[{"id":84079,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/84072\/revisions\/84079"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/84078"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=84072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=84072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=84072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}