There are some comments from several fundies that the way Greenstone is operating is similar to iSelect model (especially how their profit is calculated).
They're not classified as insurer as they don't underwrite the insurance they are selling. They're more or less a broker.
Comparable would be either Steadfast / iSelect.
They have a long standing relationship with key underwriter Hannover Re. They've recently renegotiated a long-term contract. So that's a good thing.
