CommInsure and Tower named life companies of the year
CommInsure and Tower have both been named the winners of the Association of Financial Advisers/Plan for Life 2010 Life Company of the Year Awards.
At the awards presentation in Sydney, the AFA chief Richard Klipin said it was “impossible to choose between the excellent products and services offered by both CommInsure and Tower”.
CommInsure also took out the Service Quality and Investment Bond Award, while Tower was awarded with the Trauma and Income Protection Award.
Speaking on behalf of Plan for Life, the senior vice president for operations of Asset International, Mike Rosenthal, said the risk market represented a huge growth opportunity.
“In Australia, there has been 18-20 per cent growth per annum over the past six years,” Rosenthal said.
“While the [global financial crisis] has had some effect on this industry, now is the time to invest in product development and service to advisers, ensuring your sails are there to catch the wind as it picks up shortly and we return to double digit growth again,” he added.
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