KAN general manager Sarah Johnston says the agreement gives the group the opportunity to provide a tailored insurance solution that reflects the benefits of its large group and "provides real value to our members".
"Through KAN's significant size in the market and extensive buying power, we’re able to offer our members highly competitive premiums and comprehensive PI cover through Aon. This underpins our commitment to supporting advisers in delivering exceptional service to their clients."
KAN’s aim is to support advisers through mutual agreements that deliver real value and support, providing its network of advisers with the tools and resources necessary for long-term success.
The tailored liability package is designed specifically for KAN financial advisers, to help safeguard liabilities for those providing financial advice.
Aon executive director – professional risks, Lee Gornall, said, “Aon is pleased to work with KAN to assist in addressing the needs of financial advisers in New Zealand to give them the clarity and confidence to make better decisions to protect and grow their businesses. Ensuring businesses are adequately supported by the right insurance cover can help business owners focus on what they do best.”
The agreement between KAN and Aon represents a significant step forward in delivering value-added services and support to financial advisers in New Zealand's financial services industry.
“We’re excited about the opportunities this collaboration presents for our advisers and clients," said Johnston.