Omnium unveils risk insurance iPhone app
Specialist financial services iApp developer Omnium has unveiled what it says is the first iPhone application for risk insurance, branded for UK dealer group Openwork.
Omnium described Openwork as one of the biggest adviser groups in the United Kingdom, with more than 2,000 brokers and financial advisers.
It said the app helped Openwork advisers to make instant risk insurance illustrations across Openwork’s approved provider panel on the move on their Apple devices.
Commenting on the move, Omnium product manager, Trishanth Chandrahasan said the company was pleased there was demand for customised mobile insurance solutions in the UK.
“We hope to see the same demand here in Australia,” he said. “There are significant sales and compliance benefits to take advantage of.”
Recommended for you
While overall financial adviser numbers have dipped below 15,500 this week, Rhombus Advisory is experiencing growth and approaching 500 advisers in its ranks.
Iress’ Xplan continues to dominate the financial planning software market with a multitude of uses, according to Netwealth research, despite newer players battling for a piece of the pie.
ASIC has shared the percentage of breach reports related to financial advice in FY24, noting increased reporting by smaller AFSLs.
Deloitte’s Andrew Boal believes digital advice delivered by superannuation funds is years away yet from being able to solve the financial advice gap.