Kogan.com will now offer life insurance

Company News

by Kathy Skantzos

Online retailer and insurance provider Kogan.com (ASX:KGN) will soon provide life insurance after signing an agreement with Greenstone Financial Services.

Kogan Life Insurance is expected to launch within the current half year.

This grows its portfolio of insurance offerings including car, home and travel, and its recent movement into pet and health insurance, which also adds to its mobile and internet businesses.

The company will earn commissions on every insurance policy sold in Kogan Life Insurance.

Kogan.com Executive Director David Shafer said the partnership with Greenstone is a natural extension to Kogan’s existing insurance offerings.

Shares in Kogan.com (ASX:KGN) are trading 2.4 per cent higher at $6.80.

Subscribe to our Daily Newsletter?

Would you like to receive our daily news to your inbox?