Melbourne, 24 August 2017 – AIA Australia, one of the largest life insurers in Australia*, has announced that their Priority Protection for Platform Investors (PPPI) product is now available on investment platform Macquarie Wrap. PPPI is a fully integrated product solution with AIA Australia’s platform partners and offers services such as quoting, premium collection, underwriting and claims. It is available on 17 platforms, giving advisers a complete risk solution by providing clients with a selection of plans.
Macquarie Wrap is a full-service investment platform that includes separately managed accounts, Australian and international listed securities, domestic fixed income, multiple term deposit providers and relationship pricing for multiple accounts and multiple insurers.
Pina Sciarrone, Chief Retail Insurance Officer AIA Australia, said: “Via PPPI, advisers have easy access to our range of insurance products as a one stop shop on Macquarie Wrap. There are therefore efficiency gains for advisers and a more seamless experience for the client."
On PPPI, advisers will find a flexible range of cover options, providing them with a selection of plans to choose from. It offers flexible pricing, 15% rebate applied to eligible super policies and comprehensive client reporting. Further information about PPPI can be found here.
*Source: Strategic Insight
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About AIA Australia
AIA Australia Limited is an independent life insurance specialist with over 40 years of experience building real and sustainable partnerships. AIA Australia offers a range of products that protect and enhance the lives of nearly three million Australians and is widely recognised as a market leader in product innovation and development. AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific.
AIA Australia is one of the country’s largest life insurers by market share and works closely with major financial institutions and corporate partners to provide life insurance solutions for their customers. In addition, AIA Australia is the fastest growing provider of retail life insurance products sold through financial advisers. AIA Australia also works with a network of affinity partners that distribute life insurance products. By having a partnership philosophy at the core of its business, AIA Australia is focused on building genuine relationships and delivering real value to its business partners.
In March 2014, AIA Australia introduced ‘Vitality’ – the world’s leading scientifically-backed health and wellness programme, to the Australian market. AIA Vitality aims to be the catalyst for real change to the positive health outcomes of Australians.