"PPS Mutual’s Profit-Share is a unique feature of its policies that brings something different to the conversation with existing and prospective professional clients. Now with Profit-Share accounts reaching over $760,000, our clients are gaining additional value from their insurance. The discussion with prospective clients around the benefits of professional insurance contracts that also provides a profit share has become a much more engaging conversation."

“Just wanted to congratulate you on the way you have tackled the increases (IP, Trauma, TPD) that are ravaging the insurance industry of late, most insurers are taking a sledge hammer approach, (probably because they have to keep up shareholder value) we are seeing increases in the order of 35%, 72% and we had had some clients with 104%. It was refreshing to see that your approach was to spread your IP, Trauma increases over a 3 year period, however the surprising benefit for us was that the decreases for your Life & TPD rates were being passed back to existing clients, I can’t actually remember this ever being done before and I have been around a long time! This approach clearly shows the alignment between Insurer and member, which we have discussed over the 5 year journey of PPS and continues to strengthen my belief in the Mutual Insurance model.”

“We were delighted to find out that our client, who is on a long term claim with PPS Mutual, has continued to accrue a profit share allocation whilst on claim and that his Profit-Share balance is among the largest in PPS Mutual Australia. This highlights the inclusivity of the mutual model and shows that it benefits policyholders, despite unforeseen circumstances.”

"PPS Mutual has a very unique value offering with their niche target market, as well as the fact they are assigning some profits back to members. Clients I’ve spoken with about profit share have found this feature appealing, especially considering the majority of our clients at Skye Wealth are in their early 30s and the compounding effect of a profit share pool over the life of their policy can be significant. I also like PPS being a mutual and the profit share shows an alignment and transparency between the insurance providers and policyholders. All too often in recent years, we are seeing massive increases in premiums from insurers with no visibility on their profitability, while it is a much harder story for PPS to do a big re-rate of premiums while still paying profits to policyholders and I think this was reflected in the recent much more policyholder friendly and more sustainably re-rate they did on income protection that was phased over a 3 year period instead of one massive hit or year on year increases like their on-mutual competitors."

"PPS Mutual’s unique mutual model and tailored insurance proposition, is showing strong appeal amongst our medical professional clients. So much so, that we are seeing these clients becoming advocates of their own insurance. One radiographer PPS Mutual client, turned into four new PPS Mutual clients as a result of recommending their colleagues contact us. PPS Mutual’s specialist insurance cover and Profit-Share proposition is therefore not only an offering that can benefit Australian professionals, but our business too."

"PPS Mutual and the profit share offering have been a breath of fresh air in the life insurance industry. It provides great peace of mind as an adviser recommending their products that the business is centred around member service/benefits. Every other insurer in the market has the competing interests of delivering shareholder returns and/or client service. These interests aren’t always aligned and we know which comes first in shareholder owned companies. It will be a great pleasure when clients get to the end of their insurance journey being able to return their profit share accounts."

"For our professional clients, PPS Mutual is one of our preferred providers. There are a number of reasons for that. Firstly the Profit-Share facility of PPS Mutual means that clients participate in the profits of the company and secondly the concentrated risk profile is only for professionals. Our view is that going forward this will greatly help premium stability for all our clients."