tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Tuesday, April 21st, 6:33PM

Insurance

rss
Latest Headlines

LifeDirect taps into Hugo

Wednesday, April 18th 2018, 1:48PM

LifeDirect, is branching out from quotes and applications, to offer instant health cover.

LifeDirect has launched a service through which it can use Accuro’s unique Hugo online underwriting engine to deliver instant online cover to its customers.

Jaime Monaghan, head of insurance at Trade Me, said the Accuro and LifeDirect move was good for insurance buyers. "LifeDirect is focused on giving people an easier, simpler way to compare insurance, and removing confusion around this important buying decision. We're rapt to be able to offer an instant outcome for insurance applications via Accuro's new auto-underwriting engine."

“With this new Hugo system, anyone can go onto LifeDirect.co.nz, fill out a simple guided questionnaire and in many cases will get an instant, fully underwritten, personalised offer and cover,” said Geoff Annals, chief executive of Accuro. “That saves a lot of time and hassle.”

Applications identified by the intelligent underwriting system as possibly requiring extra attention will be sent to a human, an experienced underwriter.

The key to the service is a new intelligent underwriting engine, a world first launched recently by Accuro.

“We’re excited to see our auto-underwriting engine for health insurance becoming more widely available to New Zealanders. Last year the system was launched through Accuro’s website and the response has been very positive,” said Ed Saul, director at Intelligent Life, technical partner with Accuro on the system.

"Technology is finally catching up with what people want; instant, trouble free health cover. That’s something insurers couldn’t do in the past.”

Tags: Accuro LifeDirect

« Partners records best year everANZ looks to Blockchain as the single source of truth »

Special Offers

Comments from our readers

No comments yet

Sign In to add your comment

 

print

Printable version  

print

Email to a friend
Insurance Briefs

Spurs and Auckand FC to meet in Auckland
AIA NZ is the Major Partner for Tottenham Hotspur’s return to New Zealand, with the team set to face Auckland FC at Eden Park later this year.

Fidelity Life keeps its rating for another year.
Fidelity Life has once again had its A- (Excellent) financial strength rating affirmed by AM Best.

AIA releases Neurodiversity Toolkit
AIA NZ has released its Neurodiversity Toolkit to the public for the first time.

AIA brings back Apple watch
AIA brings back the Vitality Apple Watch Benefit.

News Bites
Latest Comments
  • FMA to review CoFI Guidance
    “@ Just an opinion Well said. In terms of advisers having influence on the banks behaviour, I believe the industry does...”
    4 days ago by Amused
  • FMA to review CoFI Guidance
    “Thank you, just an opinion & valkyrie6. Thank goodness, I left the mortgage industry over 10 years ago. Just a question...”
    5 days ago by w k
  • FMA to review CoFI Guidance
    “Just an Opinion: I 100% agree with your comments, all we want as advisers is an even playing field, no more no less.The banks...”
    5 days ago by valkyrie6
  • Special Events Benefits; great for clients and advisers but beware the time limits
    “Claim story time. Several years ago, I had a client who held life and trauma covers with Asteron Life. She had just purchased...”
    5 days ago by Paul Flood
  • FMA to review CoFI Guidance
    “As you say John you haven’t been working in the mortgage advice industry for a while so perhaps it might interest you to...”
    6 days ago by valkyrie6
Subscribe Now

Mortgage Rates Newsletter

Daily Weekly

Previous News

MORE NEWS»

Most Commented On
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com