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Outsourced Insurance Advice for Financial Advisers

Get Expert Insurance Advice For Your Clients. Talk To Curo Financial Services.

Discover how you can add value to your clients by helping them get expert life insurance advice that protects their wealth and the financial well-being of their families.

At Curo Financial Services, we partner with accountants, lawyers, and other financial firms to provide outsourced insurance advice. As our partner, you will have access to our decades of industry experience and our strong relationships with insurance providers to secure the best options for your clientele.

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What is Outsourced Insurance Advice?

This is the service we provide to other businesses that are looking to delegate or refer clients who require personal insurance advice.

Typically, the outsourced insurance advice includes services such as:

Customised insurance advice
Policy administration and management
Regular financial health checks and policy review
Expert insurance claims advice and assistance (life insurance claims, income protection claims, TPD insurance claims, and trauma insurance claims)

Whether your client is just about to apply for insurance cover or has been rejected for an insurance claim, you can help them. You may reach out to us, and our team will take care of your client just as you did.

What Should You Consider When Choosing an Insurance Advisor?

Your outsourced insurance adviser should live up to the credibility level of your business—as you do not want to lose your client’s trust. Consider these factors when choosing a partner insurance adviser:

Experience and integrity: Look for an adviser with a good track record with clients and insurers, and who has spent a substantial amount of time in the industry.

Consistent communication: Ensure that the outsourced adviser has a standard and clear communication channel with your team.

Policy and service transparency: Request for a detailed discussion with the adviser about the terms of the policy, scope of service, and the service payment structure.

Data security: Ensure that the adviser has sufficient data security measures to protect the sensitive information of your clients.

Regulatory compliance: Verify that the adviser has all the required licenses and certifications to conduct insurance advice. You may verify if they are registered at the Australian Securities & Investments Commission (ASIC).

Benefits of Outsourcing Your Client’s Insurance

Outsourcing is beneficial whether you are an accountant, a lawyer, or a financial firm referring a client for insurance advice or assistance.

Partnering with an outsourced insurance adviser, such as Curo Financial Services, can help your business with the following:

Increased Company Value

Enhance your value to clients by referring them to an adviser who provides expert insurance advice. You can indirectly increase your value to your clients by helping them even with items that are outside of your scope of business. This also helps ensure that your clients remain in your ecosystem.

Access to Insurance Expertise

When you partner with an outsourced insurance adviser, you will be able to provide expert insurance help for your clientele—despite having a different industry of service.

More Time & Resources for the Core Business

Delegating your clients’ problems with life insurance, income protection, TPD insurance, trauma insurance, or insurance claims helps you focus on your business. By outsourcing to an expert, you are adding more value to your business without sacrificing false advice.

Enhanced Client Experience

Being able to help your client beyond your scope of service will increase your value to them. Your brand will be their go-to resource for their problem.

Opportunity to Increase Business

Solving your client’s insurance problem through outsourced insurance advice may lead to repeat business from your client or a referral.

How Does The Referral Process Work With Curo?

Step 1: Speak With Our Insurance Experts

The first step is to reach out to our team – no matter how complicated your client’s need for insurance advice is.

During this non-committal stage of the process, we will share our insurance advice process and how we can add value to your business. We will also request a brief introduction to your client’s situation, which shall be the basis for our insurance advice.

Step 2: Determine What Kind of Insurance Advice Your Client Needs

Depending on your client’s situation and after the fact-finding stage, we can determine how we can help your client. In most cases, the need for outsourced insurance advice falls into these services:

Policy application: If your client is having difficulty getting approved for life insurance coverage or has a pre-existing medical condition.

Claims management: If your client has a complex claim or has been rejected by other insurance providers.

Policy management: If your client seeks better customer support or assistance for policy renewals or cancellations.

Risk Management: If you have a client who you think is underinsured and has a high financial risk.

Step 3: Client Engagement and Regular Updates

We then engage with the client for our personal insurance advice. From here, we will handle all the necessary administrative tasks, communication, and negotiation between the client and the insurance provider.

As practice, we regularly update our partners on the status of their referred clients. Aside from transparency, this shows how we value the partnership that you entrusted to us.

The goal of our simple step process is to help you become the go-to resource person of your client – even with insurance. We will support your business as your trusted outsourced insurance advisor.

See our testimonials

Multiple Sclerosis – Income Protection

It is without hesitation that I provide a testimonial for Brent Satill from Curo Financial Services. Brent has exceeded our expectations and has been a pleasure to deal with. Brent is not only professional, trustworthy and provides excellent service that goes above and beyond but is compassionate, kind and caring. Brent has always had our

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J and C Wallace

Queensland

COVID Vaccine Injury – Income Protection

At my age I never thought I’d find myself needing to claim on insurance; but the unexpected happened and the news wasn’t good. Fortunately, just the year before I had reviewed all my insurances and set up new policies through Ian Satill at CURO Financial Services. I am immensely grateful for Ian’s vast experience and

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Dr Steven Smith BDS MDes NatDipGD

Dental Surgeon, General Dental Practice, DCNZ Person ID 21674, Ahpra Provider No 5250802X

Mental Health – TPD Insurance Claim

I was referred to ‘Curo Financial Services’ by my Accountant when I needed to make a claim for TPD. From the start Brent Satill and the team managed my claim through the process and simply made it straightforward for me. I could not recommend Brent enough and the team for what they achieved for me

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G Ireland

Financial Advisor, Newcastle

Parkinsons Disease – TPD Insurance Claim

“I started to doubt my interpretation of definitions despite twenty years of experience. I was deeply concerned for my client and full of doubt in myself when I turned to Ian Satill. He professionally attended to the claim and in a brief period had it paid in full, back dated to the start and the

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Financial Adviser

Adelaide

Retrospective Claim – Trauma Insurance

“We were recently referred to Ian Satill of Curo Financial Services to undertake a review of our personal insurances. During this process Ian discovered that I should be eligible to lodge a claim for payment through my Trauma Insurance. Ian supplied all information and forms required and submitted them, and the appropriate reports, on my

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Finance Manager

Adelaide

Female – Cancer – Trauma Insurance Claim

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“In 2007, I asked Ian from Curo to come and assist me in implementing some risk insurance strategies, such as Income Protection, Life and Trauma. As I am the sole “bread winner” for my family, I felt it was imperative that I had the correct insurance cover to help out my family in case something untoward happened to me.
I hadn’t even thought of getting any insurance cover for my wife, however, Ian made it very clear about how important that it was to make sure my wife had sufficient insurance cover to help me out if anything untoward happened to her.
The insurance cover was set, then the monthly premiums just became another bill that we budgeted for, like the electricity or telephone bill.
In October of 2012, my wife was diagnosed with a rare type of cancer.
It was with some trepidation that I phoned Ian to enquire whether or not we had trauma cover for my wife as I remembered that I didn’t want the cover for her in the first place, and the fact that I have been told by nearly every client that I have suggested risk insurance to say that it’s not worth the money, and that the “bastards” never payout anyway…
Thankfully, I listened to Ian’s words of wisdom 5 years ago, and within 1 week of making the claim (of which Ian did 99% of the work), a significant sum was deposited into our bank account. As with all types of serious illnesses, after you have been diagnosed, there seems to be a never ending list of specialists to see and tests to do. This causes enough stress, but knowing that our house is now debt free, one burden has been lifted off our shoulders so that we can now concentrate on just life itself.”
“Thank you Ian and the crew from Curo, as without your wisdom back in 2007. Having the correct type of cover, as well as the necessary level of cover, has completely transformed our life. The past 6 months have certainly been a journey for my family, however, we have come out the other side with a clean bill of health so far, but we were one of the lucky ones. I would hate to think of what our situation would have been if the diagnosis was worse, and to top it off, us having to worry about our financial security at the same time.”

John Rapson

Acheive Financial

Cancer – Accountant – Trauma and Income Protection Claim

“I am a partner in an accounting and financial planning practice. Our financial planning activity includes providing risk advice to clients. In late 2012, I was diagnosed with prostate cancer. Thankfully we had taken our own advice and substantial income protection and trauma policies were in place. These were triggered by my diagnosis. When I

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Partner

Financial Planning Practice

Cancer – Income Protection and Trauma Insurance

I am a 57-year-old man with a wonderful partner and four adult children living in Perth, Western Australia. Our children and mostly financially independent, and we have a small mortgage on our house and an investment property. I was worried that if I got sick for an extended period, my partner and I may not

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Skin Cancer – Trauma Insurance Testimonial

“I have been a client of Ian’s for 10 years. I was diagnosed with skin cancer which the insurance company advised did not meet the criteria for a Trauma claim. Ian disputed this as the wording was ambiguous and within a few days the insurance company changed their minds and we received the payout within

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Director, Baulkham Hills

Connect with an Insurance Adviser You Can Trust Your Business With

Provide more value to your clients without compromising the credibility you built for your business.

At Curo Financial Services, our team has developed a strong reputation as one of the leading outsourced insurance advisors in Australia. Our decades of experience working with hundreds of clients in varying facets of life insurance advice and our strong relationships with Australia’s leading insurance providers molded our well-rounded services.

When you refer a client, we will make sure that your client/s will receive expert insurance advice and exceptional service. Our team operates on what is best for the client and what works in their financial situation.

Becoming our partner will also broaden your business’s bottom line. For every successful referral, we make sure that we incentivize our partner equally.

If you want to know if we can help your client, contact us and ask to speak to Brent or Ian.

FAQs

Who can give advice on insurance?

Licensed and registered insurance advisors are the qualified individuals to give insurance advice in Australia. You may verify the advisor on ASIC’s website.

Is it worth paying for an insurance advisor in Australia?

Life insurance is a complex industry. To be able to provide customised insurance advice, there are several factors that one must consider. An expert insurance advisor can help you navigate these factors and present you with the best options that are suitable for your situation. An insurance advisor cuts down the time that you need to spend on research and provides you with a higher chance of getting your insurance right.

What is the average advisory fee in insurance?

In Australia, there are several rate structures for insurance advice. At Curo, we typically do not charge a fee to clients of our referral partners.

Is outsourcing a good or bad idea?

Outsourcing insurance advice can help your business in many ways. Providing more value to your client establishes you as their go-to resource person and increases your company’s bottom line for every referral.

Delegating insurance advice lets you focus on your business while still taking care of your client’s insurance queries.

Interested in learning more?

Fill in the form below and one of our advisers will get in touch to assist you further.