PPS Mutual

PPS Mutual PPS Mutual provides tailor-made life insurance solutions, exclusively for the Australian Professional

PPS Mutual is Australia’s only retail life risk insurance mutual offering available to select professionals through financial advisers. It has partnered with PPS (SA), the world’s largest multi-disciplinary group of professionals, NobleOak Life Limited, which is an Australian Prudential Regulation Authority (APRA) regulated insurer and one of the world’s largest reinsurers.

23/06/2026

Daniel Waller, Head of Distribution at PPS Mutual, has had his feet under the desk for a couple of months now. In a recent discussion, he reflected on what he has seen - the importance of building adviser capability and understanding of the PPS Mutual model, particularly it's unique role of mutuality in the Australian market.

Daniel noted that, as the only mutual life insurance business in Australia, whose Members share in the profits of its insurance, the depth of support provided to accredited advisers spans education about the mutual model, accreditation pathways, and active industry engagement, including the PPS Mutual Risk Advice Practice of the Year Award.

'PPS Mutual is very specific regarding our market position and what we intend to achieve. The industry broadly knows that we specialise in and focus on the professional market. Unapologetically, we have a definitive set of eligibility criteria. While these criteria are designed for a number of reasons, their primary purpose is to support the advice network in providing quality products to professionals.'
- Daniel Waller, Head of Distribution

With a growing underinsurance problem, we're keen for more advisers to understand the benefits of PPS Mutual products for professional clients.

Speak with your State PPS Mutual Distribution Manager to learn about becoming an accredited adviser 🔗 https://www.ppsmutual.com.au/advisers/become-an-accredited-adviser/?utm_source=Facebook&utm_campaign=June_2026&utm_medium=organic_social

June marks Bowel Cancer Awareness Month in Australia.Bowel cancer remains Australia's second deadliest cancer, yet outco...
18/06/2026

June marks Bowel Cancer Awareness Month in Australia.

Bowel cancer remains Australia's second deadliest cancer, yet outcomes can improve significantly through greater awareness, early detection and timely support.

What is often less discussed is the financial impact of a diagnosis. Time away from work, ongoing treatment, specialist appointments and shifting family responsibilities can all place significant pressure on long-term financial stability.

PPS Mutual's Professionals Choice Trauma Insurance is part of our life insurance offering designed specifically for professionals, providing a lump-sum benefit across 50 conditions, including cancer. Your cover can also increase in line with your salary, and you can increase it without providing further medical evidence, when certain career events occur – such as becoming a partner or starting in private practice, ensuring your protection grows as your career does.

If you're a professional, speak to your financial adviser about PPS Mutual, or learn more about our Professionals Choice Trauma Insurance here 🔗 https://bit.ly/49l6VgV

Source: Bowel Cancer Australia

Young professionals are building valuable careers, but many are leaving their future income unprotected.Doctors, lawyers...
16/06/2026

Young professionals are building valuable careers, but many are leaving their future income unprotected.

Doctors, lawyers, engineers and accountants who despite major personal and financial investment in their education, often delay protection decisions until major life events like buying a home or starting a family.

Australia’s cultural optimism, the familiar “she’ll be right” mindset results not just in underinsurance in the traditional sense, but a structural timing gap, where protection consistently lags the value of future income.

“For most, it still takes a trigger event to make protection feel urgent. The challenge is getting younger Australians to connect ‘I have an income now’ with ‘I should protect it’ earlier in my career.” - Phil Thompson, CEO, Skye Wealth

The problem?
Younger professionals income and career trajectory are rising long before cover is in place.
That creates a timing gap, where protection lags behind earning potential.

For advisers, that’s more than underinsurance. It’s a clear opportunity for earlier, more relevant conversations.

Read more about 'Australia’s ‘she’ll be right’ mindset is leaving young professionals underinsured' 🔗
https://www.ppsmutual.com.au/newsroom/news/australias-shell-be-right-mindset-is-leaving-young-professionals-underinsured/?utm_source=Facebook&utm_campaign=June_2026&utm_medium=organic_social

At PPS Mutual, our Members aren’t just policyholders. They’re part of the business that protects them.A life insurance c...
11/06/2026

At PPS Mutual, our Members aren’t just policyholders. They’re part of the business that protects them.

A life insurance company that’s listed on the stock exchange has to make a profit for its shareholders. But PPS Mutual doesn’t have external shareholders. That means we don’t have that same pressure.

Instead, our owners and our policyholders are one and the same. They are our Members. This creates a true alignment of incentives, allowing us to focus on what matters most, supporting Members with quality policies and sharing success with them over time.

As one PPS Mutual Member put it:
“If PPS Mutual does well, members can benefit too, and I think that’s a good thing to be part of.”

Every year since inception, PPS Mutual Members have shared in the profits of the business through Profit-Share assignments. PPS Mutual has also authorised $256,037* worth of Profit-Share releases to Members. These are funds they would not have received had they been insured with any other provider in Australia.

It’s one of the ways mutuality can make a meaningful difference.

Learn more about how Profit-Share works: 🔗https://www.ppsmutual.com.au/9th-profit-share/?utm_source=LinkedIn&utm_medium=Organic_post&utm_campaign=Member_Testimonial

Check if you’re eligible to become a PPS Mutual Member: 🔗https://www.ppsmutual.com.au/eligible-professions/?utm_source=LinkedIn&utm_medium=Organic_post&utm_campaign=Member_Testimonial

*As of 11 May 2026.

In recent years, the life insurance industry has faced an unprecedented wave of regulatory burden and operational challe...
09/06/2026

In recent years, the life insurance industry has faced an unprecedented wave of regulatory burden and operational challenges, often overshadowing the valuable work advisers do to ensure their clients' futures are protected.

PPS Mutual distribute solely through financial advisers, something which reflects our commitment to supporting the advice profession and is why we created the PPS Mutual Risk Practice Award – to shine a well-deserved spotlight on the industry.

More than just recognition, the award was designed to help elevate the Award finalists and the winning practice and promote their risk advice practices through social and public relations promotions of the finalists and for the winner, a tailored prize package, including national exposure at RiskInFocus, strategic marketing and PR support, custom social media content, graphic design support, and a technical SEO review and growth report.

It is about celebrating the practices that continue to lead with excellence, resilience and a genuine commitment to protecting Australians through quality life insurance advice.

The PPS Mutual Risk Practice Award 2027 is coming soon.

Watch this space.

Learn more:🔗https://www.ppsmutual.com.au/risk-practice-award-2026/?utm_source=LinkedIn&utm_medium=cpc&utm_campaign=Mark_Mullins_Testimonial

Over the past 10 years in the Australian market, PPS Mutual has shown that a member-owned, adviser-supported life insura...
03/06/2026

Over the past 10 years in the Australian market, PPS Mutual has shown that a member-owned, adviser-supported life insurance model can move well beyond simply competing.

It can deliver scale, stability and tangible outcomes for Members and advisers alike.

'PPS Mutual entered the Australian market as a challenger and is now an established specialist with scale, credibility and a very unique and distinct position in the retail life insurance market...We now have over 17,000 in-force Members - who have on average 3 benefits per Member - with $132m of in-force premiums.'
- Michael Pillemer, CEO, PPS Mutual

According to Michael, the model demonstrates there is room in the market for mutual structures to operate at scale, with the potential to strengthen both adviser alignment and consumer outcomes in the process.

For advisers, this reinforces that the structures behind insurance matter just as much as the products themselves - particularly when advising professionals who rely on long-term consistency, claims strength, and alignment of interests.

Hear more from Michael Pillemer and read the full article 🔗 https://www.ppsmutual.com.au/newsroom/news/pps-mutual-milestone-are-others-missing-an-opportunity/?utm_source=Facebook&utm_campaign=June_2026&utm_medium=organic_social

Or, to learn more about becoming a PPS Mutual accredited adviser, speak with your State PPS Mutual Distribution Manager.

PPS Mutual have increased its mandatory medical testing thresholds.To simplify and accelerate the application process fo...
28/05/2026

PPS Mutual have increased its mandatory medical testing thresholds.

To simplify and accelerate the application process for life insurance with PPS Mutual, without compromising the integrity of the underwriting assessment, PPS Mutual have increased the mandatory medical testing threshold for all ages on:
• Income Protection (Prime 70 and Select) Insurance applications to $15,000 pm
• Life Insurance applications to $1,500,000
• TPD Insurance applications to $1,250,000.

We have also increased the mandatory medical testing threshold for all applicants on Life Insurance and TPD up to age 50 to $2,500,000.

For more information, please contact your local PPS Mutual Distribution Team Member here🔗 https://www.ppsmutual.com.au/advisers/adviser-contacts/?utm_source=LinkedIn&utm_medium=Organic_social&utm_campaign=Underwriting_Limits

25/05/2026

Behind every claim is a story - and often, a turning point.

As the winner of the 2026 PPS Mutual Advice Practice of the Year Award, Mark Everingham (Personal Risk Professionals) had the opportunity to speak at a recent Riskinfocus session, sharing a deeply personal reflection on how health events can reshape financial reality.

'At the age of 48, my father had a significant heart attack...he could never work again.'
- Mark Everingham, Personal Risk Professionals

What followed was not only a long recovery but also a complex, extended process to access insurance and superannuation benefits.

It’s a reminder that the impact of illness is rarely limited to health alone. It reaches into income, family stability, and long-term financial security.

For advisers, these moments reinforce the importance of clarity, structure and preparation well before a claim arises. So that when something does happen, the focus can be on recovery, not uncertainty.

Through the PPS Mutual Advice Practice of the Year Award, we recognise advisers who bring this level of care and perspective to their work.

If your practice reflects this standard, we encourage you to apply for next year's award.

Hear more insights from Mark 🔗
https://bit.ly/4mUNl0j

For engineers, applying structure to complex problems is second nature.And just as an engineer gives expert advice to a ...
21/05/2026

For engineers, applying structure to complex problems is second nature.

And just as an engineer gives expert advice to a client, a financial adviser provides guidance on which financial risks should be avoided, which should be accepted and which can be mitigated through insurance.

'A qualified adviser can help you apply this framework to your personal situation, clarify trade-offs, and ensure your decisions align with your broader financial goals and obligations.'
- Richard Hopwood, State Manager QLD, PPS Mutual

Insurance isn't just about having cover in place. It's about getting the right money to the right people at the right time. It's also about making sure people don't overcommit scarce cash flow to protect against risks they could comfortably absorb, while leaving themselves exposed to those they cannot.

Read more about how to manage financial risk 🔗 https://bit.ly/4u5XVUx

In Australia, attitudes toward risk are often shaped as much by culture as they are by logic.As explored by Marcus Engli...
19/05/2026

In Australia, attitudes toward risk are often shaped as much by culture as they are by logic.

As explored by Marcus English of Hewison Private Wealth, there's an easy-going nature, coupled with a heavy dose of 'she'll be right'.

This mindset can leave individuals coming undone, particularly among high-performing professionals. Early career success, steady progression, and access to public healthcare systems can reinforce the perception that financial vulnerability is still some way off.

But income protection claims data tells a different story.

And while healthcare systems may support treatment, they don’t replace income. For professionals whose primary asset is their earning capacity, this is felt even more acutely.

In practice, protection decisions are often deferred until visible milestones - property, family, business ownership. By then, underwriting risk may have already occurred.

The challenge isn't awareness. It’s timing.

Read more 🔗 https://bit.ly/42snq71



Source: Why “we’ll be fine” is costing affluent clients more than they realise, PPS Mutual Newsroom

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