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iSelect (ASX:ISU) enters partnership with Bupa
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  • iSelect’s (ISU) subsidiary, iSelect Health, enters a private health insurance partnership with Bupa health insurance
  • As of June 16, iSelect will receive commission payments from Bupa for health insurance policies over the 12-month term
  • This marks the first time the Bupa brand has joined iSelect’s range of health insurance providers
  • iSelect shares are up 6.94 per cent, trading at 38.5 cents at 12:50 pm AEST

iSelect’s (ISU) subsidiary, iSelect Health, has entered a private health insurance partnership with Bupa.

iSelect assists Australians with household bills by offering a comparison service across insurance, utilities and personal finance products.

As of June 16, iSelect will receive commission payments from Bupa for health insurance policies over the 12-month term.

This marks the first time the Bupa brand has joined iSelect’s range of health insurance providers, with iSelect now representing brands from Australia’s nine major health insurers.

“As Australia’s leading comparison marketplace for health insurance, we are pleased to welcome Bupa to our panel of health funds for the first time,” said iSelect’s CEO, Warren Hebard.

“Their addition further enhances our comparison service and provides our customers with even more choice.

“Expanding our range of providers is essential to ensure we remain Australia’s go to destination for comparing and saving across insurances, utilities and personal finance,” he said.  

Bupa’s Director of Domestic Health Insurance, Chris Carroll, says the company wants to make health insurance as easy, convenient and accessible as possible, with the partnership ensuring its policies are in front of people when they are looking to take out health cover.

iSelect shares gained a healthy 6.94 per cent, trading at 38.5 cents at 12:50 pm AEST.

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