Group buying organisation One Big Switch, which runs the Big Insurance Switch campaign, does hold an Australian Credit License.
The insurance industry last week questioned whether the group has a licence and called for greater disclosure after it launched a campaign to get discounted home and contents insurance for 25,000 Australians.
ASIC confirmed the company, registered under One Big Switch PTY LTD does hold an ACL (No: 405918) and would therefore adhere to obligations in
ASIC’s Regulatory Guide 234: Advertising financial products and services (including credit: Good Practice Guide.
The company’s Australian Company Number is 150963474 and the Australian Business Number is 75 150 963 474.
The company used to be called Unition Deals PTY LTD.
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