MUTUALLY BENEFICIAL
An approach that rewards all involved.
Specialist Risk Adviser | North City Group
“We were delighted to find out that our client, who is on a long term claim with PPS Mutual, has continued to accrue a profit share allocation whilst on claim and that his Profit-Share balance is among the largest in PPS Mutual Australia. This highlights the inclusivity of the mutual model and shows that it benefits policyholders, despite unforeseen circumstances.”
Partner | Adviser of MBS Insurance - Melbourne
“Just wanted to congratulate you on the way you have tackled the increases (IP, Trauma, TPD) that are ravaging the insurance industry of late, most insurers are taking a sledge hammer approach, (probably because they have to keep up shareholder value) we are seeing increases in the order of 35%, 72% and we had had some clients with 104%.
It was refreshing to see that your approach was to spread your IP, Trauma increases over a 3 year period, however the surprising benefit for us was that the decreases for your Life & TPD rates were being passed back to existing clients, I can’t actually remember this ever being done before and I have been around a long time!
This approach clearly shows the alignment between Insurer and member, which we have discussed over the 5 year journey of PPS and continues to strengthen my belief in the Mutual Insurance model.”
Managing Partner | Priority Life
PPS Mutual’s Profit-Share is a unique feature of its policies that brings something different to the conversation with existing and prospective professional clients. Now with Profit-Share accounts reaching over $595,000, our clients are gaining additional value from their insurance. The discussion with prospective clients around the benefits of professional insurance contracts that also provides a profit share has become a much more engaging conversation.
As such, we want to make sure professionals receive the very best advice before deciding to become a member. To achieve this, we insist advisers undertake an accreditation process before being able to recommend our products.
This ensures they have a deep understanding of our unique offer as well as our state of the art online platform.