Vero Insurance Limited - Notification - N94470

Applicant(s)

  • Vero Insurance Limited

Notification number(s)

  • N94470

Summary

Vero Insurance Ltd (Vero) proposes to, from time to time:
- supply, and offer to supply, insurance-related goods and service (or certain insurance-related goods and services) (Insurance Products) at a particular price; and
- give or allow, and offer to give or allow a discount, allowance, rebate, or credit (Incentive) in relation to the supply of Insurance Products,
on the condition that the person who acquires the Insurance Products will acquire goods or service from IMB Ltd (IMB)

Vero also proposes to from time to time refuse to:
- supply Insurance Products at a particular price; and
- give or allow an incentive in relation to the supply of Insurance Products,
for the reason that the person wishing to acquire the Insurance Products has not acquired or has not agreed to acquire goods or services from IMB.

Vero is a general insurer authorised under the Insurance Act 1973 (Cth). IMB is a building society authorised under the Banking Act 1959 (Cth) and generally offers financial products (including but not limited to loans and banking accounts).

Notifications

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ACCC correspondence

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