Developed with insurtech Kanopi, the platform will offer streamlined insurance solutions for the retirement living sector at launch, with new lines of business being added within the next year.
Currently, residents of Queensland are paying dual tax on insurance policies and next state government should eliminate stamp duty, says Insurance Council of Australia.
Report by insurtech shines a light on importance of digital channels, with younger generations generating over US$240m in premiums for the past year alone.
