Polls Archive

What is the most influential factor that determines the choice of your main insurance provider?
  • Underwriting service quality (34%)
  • Claims services, reputation (18%)
  • Product features (13%)
  • Personal relationship with insurer (12%)
  • Premium rates (9%)
  • BDM support (8%)
  • Other (2%)
  • Communications (2%)
  • Technology systems, support (1%)
  • Institutional owner (1%)
  • Licensee preferred list (1%)
  • Websites (0%)
Start Date: November 23, 2011 @ 10:52 am
End Date: December 4, 2011 @ 3:20 pm
Do you believe your advice practice will be 'FoFA ready' by 1 July 2012?
  • No (74%)
  • Not sure (17%)
  • Yes (9%)
Start Date: November 8, 2011 @ 10:19 pm
End Date: November 23, 2011 @ 10:52 am
Is your advice practice considering changing licensees within the next 12 months?
  • No (44%)
  • Yes (39%)
  • Not sure (8%)
  • We've changed in last 12 months (9%)
Start Date: October 7, 2011 @ 4:39 pm
End Date: November 8, 2011 @ 10:16 pm
In addressing the issue of churning, which of the following initiatives would you support?
  • Create an industry-wide black list for ’serial’ churners (23%)
  • Offer more attractive remuneration to advisers for upgrading existing policies (19%)
  • Offer ‘quality’ incentives to advisers for maintaining low lapse ratios (17%)
  • Institute a consistent adviser responsibility across all insurers (13%)
  • Remove takeover terms for all re-issued policies (12%)
  • Ban upfront commissions on replacement policies only (8%)
  • Ban all upfront/hybrid commissions but allow level commissions (6%)
  • Ban all commissions (2%)
Start Date: September 13, 2011 @ 11:53 pm
End Date: October 7, 2011 @ 4:39 pm
What do you estimate will be the cost per client to include all opt-in processes into your business?
  • $100 - $249 (50%)
  • $250 plus (38%)
  • $1 - $99 (9%)
  • No additional cost (3%)
Start Date: August 30, 2011 @ 4:53 pm
End Date: September 13, 2011 @ 11:52 pm