Australia’s corporate regulator has asked Suncorp to refund customers a total of $23 million after the insurer failed to provide them with advertised discounts for the past 3 years.
ASIC says more than 849,000 people should have received the discounts, including customers of the following Suncorp brands: Suncorp Metway Insurance, AAMI, GIO General, AAI, Australian Alliance Insurance Company, Suncorp Life & Superannuation, Suncorp Financial Services, Standard Pacific Consulting and Guardianfp.
There are more details on ASIC’s website.
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