CTP policies have been amended this year.
For anyone under 30 that has had to renew their CTP (Greenslip) recently they may have noticed the $200+ jump in prices.
This has spread across basically all the major CTP suppliers.
AON (underwritten by Allianz) are still offering 25-30 year olds the OLD PRICINGS!
ie. My CTP prices were originally $350 with Allianz last year.
This year it rose to $620. The cheapest any of the major insurers would do was $570.
AON quoted me $360.
Unfortunately their website doesn't allow online quotes, you will need to call your local branch to get one:
http://www.aon.com.au/about_aon/contact_list.asp
Sydney-siders will need to contact the Parramatta branch for a quote.
Sorry to burst your bubble, but the only way AON could quote you a lower price is if they quoted you the wrong price.
I work in CTP pricing for one of the major insurers and it is just not possible for a particular distributor to sell CTP for that much less than the underwriting insurer, unless they have given you the wrong price. They can still sell you the wrong policy since CTP is a compulsory insurance, Allianz will still pay out any claims, but if I were you I would keep this quiet… once Allianz finds out that AON are selling policies incorrectly, they will take action to stop it because it will have a huge impact on their bottom line.
Unlike other forms of insurance where insurers are free to charge whatever they want, all CTP insurers must file premiums with the MAA who then approves or rejects the rates. Once the rates are approved by the MAA, the insurer can only charge those rates until they do another premium filing. So that means it is impossible for an insurer to have 2 different rates for exactly the same risk at a particular point in time.