Comparison Website Accused by Watchdog of Misleading Customers
9 Articles
9 Articles
ASIC Sues Choosi, Says It Compared Policies From Just 1 Insurer
The Australian Securities and Investments Commission (ASIC) has launched proceedings against insurance comparison service Choosi, accusing the company of misleading consumers. According to ASIC, insurer Hannover paid Choosi approximately $61 million in commissions between 2019 and 2024 to exclusively promote its insurance products. The regulator says that during this period, Choosi was responsible for the sale of 4,225 funeral insurance policies…
Choosi Sued for Allegedly Misleading Customers
ASIC is suing insurance comparison provider Choosi Pty Ltd for allegedly misleading prospective customers through its funeral and life insurance comparison services, and claims it has breached the Australian Securities and Investments Commission Act 2001. In proceedings filed in the Federal Court, ASIC alleges Choosi made false or misleading representations to customers by claiming it […]
Choosi misled customers with insurance comparison service, ASIC claims
Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me Insurance comparison site Choosi has been taken to court by ASIC for allegedly misleading its users by almost exclusively comparing funeral and life insurance policies from one insurer. Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Password Remember Me Lost your password? The p…
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