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Insurance Business | 28 Oct 2014, 08:02 AM Agree 0
The CEO of a major Australian insurer has voiced his concerns over the Federal Government's proposed changes in North Queensland.
  • Really? | 28 Oct 2014, 01:12 PM Agree 0
    Its the consumer not the comparator that focusses on price and saying these sites will compromise cover is not very complimentary to the consumer.
    If Mr Snowball is so concerned why does his company allow consumers to purchase his policies on-line with no consultation? and sometimes even at a discount for on-line purchases?
    The bog insurers are no longer the smartest in the room and they need to accept they have dragged their feet far too long on issues of transparency.
    Transparency builds trust and consumers want to trust their brands.
    Put your products onto these sites Patrick, allow consumers to choose between the cover they need rather than cover they may not.
    Consumers aren't stupid, technology has made them savvy
    Comparison sites are not aggregators, comparison sites provide a place for people to compare easily.
    I mean, we all know following the numerous disasters in QLD consumers never had an issue with coverage or policy interpretation when purchased direct from the insurer or an intermediary did they?
    What are the real concerns - more loss of market share? new players eating away further?
    Consumers want to trust their supplier which is where the broker can add value as the big insurers have eroded that over time
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