MLC Life utilises NEOS platform
Life/risk platform NEOS has secured a partnership with MLC Life to launch a new offering specifically aimed at financial advisers.
The move represents a diversification of MLC Life’s distribution capabilities.
NEOS is headed by former Centrepoint chief executive, John de Swart and the company is describing its new offering, Encompass Protection, as offering a combination of market leading services and administration excellence together with MLC Life’s financial strength and claims management expertise.
“NEOS and MLC Life Insurance are ideal partners to deliver sustainable, affordable and quality life insurance to Australians,” de Swart said.
“Offering Encompass Protection, alongside NEOS Protection, on the one service and technology platform, can improve adviser efficiency and ease of doing business,” he said.
MLC Life chief life insurance officer, Michael Rogers said that while the firm would continue to manufacture and distribution its own protection products and services to Australians, it was excited to partner with NEOS to bring a new insurance offer to the market.
Here comes another moral hazard. It just encourages the bureaucracy to bloat at the expense of productivity and prosperity.
Rules only apply to some, generally if your cheque book is large enough then you are ok to do whatever…
This is the sort of rubbish that comes out of the modern version of Treasury advice. The boys over in…
This just goes to show the contempt and distain by regulators for the advice sector. A never-ending pole on stuff…
Happy to pay a Levy for every Govt Service. We just stop paying Income tax, GST, Payroll tax, Super Tax,…