iPhone new medium for life insurance quotes

life-insurance/Software/

23 July 2010
| By Milana Pokrajac |

Sydney-based software vendor Omnium has found a way to use the popularity of the latest technology gadgets, by launching the first iPhone application (app) for comprehensive life insurance quotes.

The industry figures are already calling it the easiest and fastest way to quote life insurance, as the new app returns up-to-date premiums from 12 major life companies in seconds.

Commenting on the new platform, founder of privately owned Omnium Dr David King said: “iPhone apps or mobile phone apps in general are beginning to shape the way people consume, so we thought it was necessary to leverage the online solutions we have already developed for the industry into a quick and easy-to-use iPhone app — and the response so far has been amazing.”

King also said the move could form a whole new approach to solving the current problem of underinsurance in Australia, as 40 per cent of the market owns an iPhone.

Five free apps have been launched, with both industry professionals and general public being targeted as potential users.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months 4 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

3 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months 4 weeks ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

2 weeks 2 days ago

Ahead of the 1 January 2026 education deadline for advisers, ASIC has issued its ‘final warning’ to the industry, reporting that more than 2,300 relevant providers could ...

5 days 6 hours ago

ASIC has released the results of the latest financial adviser exam, held in November 2025....

1 day 9 hours ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
moneymanagement logo