Company News

Technological turbulence caused by artificial intelligence (AI) is radically changing the way the insurance industry is thinking about business strategies, according to Comarch group CEO Jaroslaw Mikos. “The world is quite turbulent...

Shepherds Friendly paid out £3.23m in income protection (IP) claims in 2024. The mutual also said a total of 477 claims were submitted during the year, with around 96% of these IP...

Income protection (IP) sales have soared due to a number of factors including customers' increased appetite for normal retirement age products and the product potentially making gains at the expense of other...

One in three young mortgage holders do not have any protection cover. This is according to research conducted by Opinium on behalf of HomeOwners Alliance and LifeSearch, surveying 2,000 UK adults aged...

Scottish Widows has launched a pre-application underwriting decision tool for advisers.  The tool can be accessed via the Scottish Widows dashboard and is designed to give an accurate indicative decision on whether...

Group income protection (GIP) products may soon see a boost, as the government seeks to reform welfare, particularly around long-term sickness and economic activity, according to consultancy WTW.  Chris Beardshall, head of...

Last year proved a "bumper" year for income protection (IP) sales, however life sales slipped and the whole of life market has not recovered from the "substantial" decline posted in 2022, according...

Claire Ginnelly has stepped down as vice chairwoman of the Association of Medical Insurers and Intermediaries (AMII) after 13 years in the role. Ginnelly (pictured) told Health & Protection: “Having spent 13...

Bain Capital has invested £120m in the Openwork Partnership to take a 30% stake in the financial advice network. The Financial Conduct Authority (FCA) has given its approval to the deal. Following...

Improving staff health and wellbeing is one of the two most important reasons for businesses to offer benefits in kind to their staff, according to research from HM Revenue and Customs (HMRC)...