IOOF has chosen AIA, TAL and Zurich as preferred insurers for its Pursuit adviser platform.

It follows a review of the platform, which previously featured only one insurer – TAL.

GM Distribution Renato Mota says expanding the panel gives advisers freedom to choose the best policies for their clients.

“IOOF has joined with three quality independent insurers to provide maximum flexibility and choice,” he said.

“With underinsurance a major issue facing Australians, allowing advisers to provide clients with insurance advice that is tailored specifically to their needs is more important than ever.”

Mr Mota says each insurer provides a variety of features and benefits across a range of insurance offerings, including life, total and permanent disability and income protection.

“Advisers and their clients will benefit from a flexible retail insurance option, longer benefit periods, higher lump sums and access to non‐super products.”