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Suncorp drops its Corporate Insurance Agent Model

  • by The Quotesonline Team

Suncorp has advised its team of 80 Corporate Agents that its withdrawing the model from the market in the next 12 months

The agents have been told they can take their book of general insurance clients and operate as brokers or as Authorised Representatives of a broker; they can hand back their book to Suncorp and get paid out one year’s commission; or they can keep selling life insurance products as financial services Authorised Representative of Suncorp’s Life Insurance Division

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