Chief executive of Hub24 Andrew Alcock said much like the company’s other insurance providers, Zurich is “making a solid commitment to working in partnership with us and dealer groups to provide exceptional service to our advisers and their clients”.
Mr Alcock said platforms like Hub24 are maturing into broader structures that are committed to providing more choice for advisers.
“Advisers have always had a choice of insurer for their clients outside of platforms and now seek the same choice for their clients within platforms to take advantage of an end-to-end solution,” said Mr Alcock.
“Typically, platform insurance offers have been limited to the ‘house brand’, denying clients an efficient solution with real choice.”
Zurich general manager of retail life and investments Phillip Kewin said household budget pressure is increasing the appeal of platforms to consumers.
“With an estimated 40 per cent of individual risk platforms now written through platforms, we believe the timing of our new partnership with Hub24 is perfect,” said Mr Kewin.
