Post by PPS Mutual
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Over the past 10 years in the Australian market, PPS Mutual has shown that a member-owned, adviser-supported life insurance model can move well beyond simply competing. It can deliver scale, stability and tangible outcomes for Members and advisers alike. 'PPS Mutual entered the Australian market as a challenger and is now an established specialist with scale, credibility and a very unique and distinct position in the retail life insurance market...We now have over 17,000 in-force Members - who have on average 3 benefits per Member - with $132m of in-force premiums.' - Michael Pillemer, CEO, PPS Mutual According to Michael, the model demonstrates there is room in the market for mutual structures to operate at scale, with the potential to strengthen both adviser alignment and consumer outcomes in the process. For advisers, this reinforces that the structures behind insurance matter just as much as the products themselves - particularly when advising professionals who rely on long-term consistency, claims strength, and alignment of interests. Hear more from Michael Pillemer and read the full article 🔗 https://lnkd.in/eEYNdwT7 Or, to learn more about becoming a PPS Mutual accredited adviser, speak with your State PPS Mutual Distribution Manager. #ppsmutual #mutuality #profitsharing #riskadvice #insuranceadvice #ppsaccreditedadviser