Media releases

Asteron goes green to mark the 5,000th Lifeguard EQ application

Asteron has announced a $5,000 donation to Carbon Neutral to mark the 5,000th application written under its Lifeguard EQ fully-automated underwriting application.

“A typical paper-based application can be up to 20 pages long,” Asteron General Manager Jordan Hawke said. “For every 25 applications that are submitted online through Lifeguard EQ, one ream of paper is saved, which equates to less trees felled, and less harmful CO2 gases entering the atmosphere.

“In fact, in reaching the 5,000th application benchmark, already we’ve saved 12 trees and over a tonne of CO2.”

Lifeguard EQ is one of the most comprehensive and flexible underwriting solutions in the market. It has set the industry benchmark for straight-through processing of applications, making life easier for advisers with on-the-spot decisions or ‘referred’ applications sent directly to the inbox of an adviser’s dedicated Underwriter. Lifeguard EQ means a greatly reduced need for paper-based applications.

“Lifeguard EQ is the smart way to write life for advisers and their clients because it streamlines the insurance application and underwriting process, but there are also some obvious environmental benefits in this shift to electronic underwriting,” Mr Hawke said

“Asteron is committed to a greener Australia and is pleased to be making a difference with Lifeguard EQ. This is why it's significant that we pass this milestone by committing to support the valuable work of Carbon Neutral.”

Carbon Neutral is a not-for-profit organisation dedicated to reducing carbon emissions through the planting of trees and the revegetation of our land.

For more information, or to interview Jordan Hawke, contact Sarah Hegarty 02 8275 3811 or 0410 652 517.

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