ANZ Wealth launches pre-assessment tool for advisers
ANZ Wealth has launched a pre-assessment tool, the OneCare Pre-Assessment Wizard, aimed to help advisers save time and improve client experience, which will identify loadings and exclusions for pre-existing medical conditions in real-time.
ANZ Wealth’s head of life insurance, Gerard Kerr, said that the tool’s real-time functionality set it apart from other pre-assessment tools in the market which were often online forms requiring an underwriting team to manually process them.
“When using the OneCare Pre-Assessment Wizard, advisers need to ask their clients a few medical questions to receive an immediate indicative assessment.
“Even in cases where information is unavailable, the wizard can still assume a best-case scenario to provide an indicative result on-the-spot.
“Advisers who have trialled the tool said its ability to provide an immediate underwriting decision was having a real impact on client satisfaction and conversion rates,” he said.
Recommended for you
Sharing his reasoning in joining the FSC board, WT Financial chief executive, Keith Cullen, believes “product and advice cannot be separated” from each other in the current environment.
The Emerge Foundation, a charity run by financial advisers and fund managers, has announced a scholarship program to help veterans transition into tertiary education.
In an open letter, Sequoia chief executive Garry Crole has hit out against shareholders “with a personal axe to grind” as he fights for his job ahead of an EGM.
The JAWG has announced it is in talks with Treasury around five “core principles” to strengthen the education standards for new entrants to the financial advice space.