We help brokers
The risk specialist administrators trusted by brokers
Our services
Brokers who work with us enjoy a number of valuable services that make group insurance easy, including:
Account Manager
An experienced and dedicated Account Manager to help them manage their group risk portfolio and provide support when they need it.
Online quotes
Access to online quote tools with market-leading response times.
SME solutions
Access to low-cost, tax-effective product solutions for the SME market.
Advanced systems
User-friendly administration systems that result in:
- accurate and timely membership data reconciliation
- members underwritten to the maximum level of available cover, reducing the risks of underinsurance
- smooth installation and ongoing management of your policies
- customised communication materials such as member statements, underwriting reports, premium reconciliation statements and
- prompt payment of commission and fees.
It has been a pleasure working with the AGI team in respect of Aon’s Group Risk insurance clients. AGI has provided accurate and efficient service and has demonstrated flexibility and professionalism to provide the best outcomes for clients.
We have had the pleasure of working with AGI as our Third-Party administrator over the last 3 years, and their expertise, adaptability and professionalism have consistently exceeded our expectations. AGI’s innovative solutions and attention to detail have instrumental in helping us achieve our goals . The team consistently delivers high quality work, on time and with the flexibility to meet our ever-changing requirements. We highly recommend AGI to any organisation seeking best in class third party administration and client service partner. They have been an invaluable partner to us, and we look forward to continuing our collaboration with them for many years to come.
We have been working with Daniel and the AGI team for several years and throughout this period have received nothing short of outstanding service. The team are always responsive in meeting every request and constantly exceeding our expectations.
Over the years AGI have proven to be a reliable and trusted partner to the Steadfast Life group insurance offering. Their group plan administration is faultless and their service offering has always been market leading, responsive and efficient.
AGI is our preferred administrator in the Group risk marketplace. We have always found them to be efficient, diligent and above all accurate in their administrative duties. We trust their processes and people.
AGI is a key business partner and they certainly assist us in meeting our service standards, winning new business and growing our client base through their market leading ongoing service, and administrative support.
Dan Ebzery and the AGI team are up there amongst some of the best.
They are a pleasure to deal with as they understand the requirements of the market and will mould and adapt to help as and when required.
FAQ
Group insurance for brokers
How many members do I need for a group insurance policy?
This varies by insurer, and generally ranges between 20 to 100 lives depending on the product and benefit design. Please contact services@agigroup.com.au to discuss your needs.
How can I get a quote?
Email services@agigroup.com.au with the following information:
-
Member information for each life to be insured as a spreadsheet.
- Surname
- First name
- Gender
- Date of birth
- Salary
- State
- Occupation
- Name of employer / organisation
- Name of contact person for employer/organisation and their contact details (email and phone number)
- Benefit design desired
- 5 year claims and membership history if the group has an existing policy in place with another insurer.
Alternatively, download this form and email to services@agigroup.com.au.
What is the minimum premium for group cover?
Generally, a minimum premium of $10,000 is required for each policy.
The quote provided assumed all lives received their maximum entitled benefit, however on installation they are now capped at the AAL?
The premium on quotations are calculated on the basis of all employees being covered up to their maximum entitlement. This is done to provide a clear indication of total cost to the employer. The installation premium is based on the actual level of cover each employee holds at the commencement of the policy, which may be capped at the automatic acceptance limit.
How long will it take for the annual review to be completed?
Up to 15 business days of AGI receiving all the requested data and information required.
Do I need to be a registered broker to install a policy?
Yes, before placing business you will need to ensure that your Licensee has a distribution agreement in place with the insurer, and that you have an broker code in place to ensure you are correctly linked to the policy for commission purposes. AGI can guide you through this process.
When is commission paid?
Commission is only payable upon receipt of premium by AGI. Generally, commission will be paid within one to two weeks.