Bank of Queensland buys Life Insurer St Andrew's

/, Insurance News, Insurers/Bank of Queensland buys Life Insurer St Andrew's

Bank of Queensland has purchased St Andrews Insurance from the Commonwealth Bank to allow the bank to expand into the mortgage insurance sector, St Andrews has 165,000 policy holders and through its network of partners offer consumer credit insurance, life insurance and general insurance products such as Home and Contents, Motor and Travel.

St Andrews corporate partners include Bankwest, RACV, Member Insurance Services.

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