News Life and Health 30 Jan 2018

Australia:Internet retailer enters life insurance arena

| 30 Jan 2018

Internet retailer Kogan.com has entered into an agreement with Greenstone Financial Services, enabling it to offer insurance policies under a new brand "Kogan Life Insurance".

Kogan Life Insurance will initially focus on offering great value life insurance and funeral insurance policies. It is planned that the policy range will grow over time to include related categories. Kogan will earn commissions on every insurance policy sold.

Mr David Shafer, Executive Director of Kogan.com, said the partnership with Greenstone was a natural extension to Kogan’s existing insurance offerings, and another opportunity to allow its large and growing community to save money, by offering better value life and funeral insurance to Aussies.

Kogan Life Insurance is expecting to launch its offering to the Kogan Community within the current half year.

Kogan.com, a leading Australian consumer brand, is a portfolio of retail and services business units that includes Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance, Kogan Health and Kogan Travel. The Kogan brand is renowned for price leadership through digital efficiency.

Greenstone Financial Services was established in 2007 and is a leading distributor and administrator of life insurance policies in Australia.


 

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