Ageas plans to have no plan for G-day

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Ageas does not have a re-price proposition for G-day.

The provider said it would be poised to come out with its own pricing once the rest of the industry had entered with their pitches.

Managing director Darren Spriggs said: "The consensus is that the price will increase. But the market place is compeititve anyway so there is probably already a 10% difference between the highest and lowest existing prices.

"Our intention is not to come out with a price proposition but to watch what everybody does and then come into the market. It sounds like a cop out, but we do not have a plan."

He added the Ageas G-day promise pipeline strategy had been designed to support adviser concerns about the gender-reprice unknowns.

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