Company News
Shepherds Friendly pays £2.25m in IP claims – updated
Shepherds Friendly has corrected the value of income protection (IP) claims it paid in 2022, confirming it paid £2.25m in benefits to policyholders. The mutual previously told Health & Protection that it...
Read moreBupa slashes dental services following £646m hit in 2022
Bupa has blamed a dearth of dentists and rising running costs as it is slashing dental services by closing, merging or selling 85 dental practices across the country. Announcing the move, Bupa...
Read moreEmployers struggle communicating health and wellbeing benefits – Towergate
Seven in 10 large companies say they find it difficult to ensure communication of health and wellbeing support is always relevant to employees, according to research from Towergate Health & Protection. The...
Read moreAviva allows cash-strapped protection customers to trim cover
Aviva has launched a cost of living support scheme allowing existing individual protection customers to cut the value of their cover. However policyholders will need to answer medical questions later if they...
Read moreHealix appoints operations director from Axa Health
Healix has appointed Sharon Burgess in the newly created role of operations director. Burgess (pictured) joins from Axa Health where she was corporate customer service manager, having previously held a similar role...
Read moreAdvisers cite SME cost pressures as top concern but health demand soars
Cost pressures on SMEs and the economic environment are driving business worries for workplace protection advisers, but the growing interest of health and wellbeing is countering these concerns. More than half (55%)...
Read moreL&G updates CI proposition and extends all guaranteed insurability options
Legal & General Retail has made a series of updates to its critical illness (CI) proposition including increased payments for terminal illness and children's CI claims. Guaranteed insurability options (GIOs) have also...
Read moreGuardian unveils first IP product eyeing ‘significant’ opportunity in growing market
Guardian is launching its first income protection (IP) product with a roll out set for the coming weeks. The product will be available to all advisers using IRESS, IPipeline and LifeQuote product...
Read moreHow providers and advisers are meeting the financial wellbeing crisis – analysis
Spiralling inflation and energy costs have combined to create a cost of living crisis in which some people have been left with a choice between eating and heating. As a result, some...
Read moreBritish Friendly pays 90% of IP claims
British Friendly paid 90% of new income protection (IP) claims in 2022 and just over £5m to its members in income protection and discretionary BF Care claims. British Friendly paid 1,193 claims...
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