Company News

Phoenix Group has acquired Sun Life UK, a closed book UK life insurance company, from Sun Life Financial for £248m. The acquisition is expected to deliver around £470m of incremental long-term cash...

US global consulting and actuarial firm Milliman has agreed a strategic alliance with price transparency platform Turquoise Health. The firms said they are working together to harness newly published price transparency data...

LSL Property Services has reported a 2% fall in protection sales during the first six months of 2022 but said it believes the firm has increased its market share as the overall...

David Taylor has been promoted to managing director of Punter Southall Aspire's employee benefits business. Taylor (pictured) joined the firm back in February to lead its health and protection practice. He joined...

Only one in four employers are offering emotional support such as counselling to employees, while a similarly small proportion of organisations tailor their benefits to specific workforce demographics, studies have found. Research...

The Exeter has appointed former Axa chief executive Peter Hubbard as chairman. The protection and health insurer revealed Hubbard (pictured) is joining its board as a non-executive director and will be appointed...

Sheldon Kenton is replacing Chris DiSipio as CEO of Global Benefits Group (GBG), the insurer has announced. DiSipio will move to become non-executive chairman of the board of the holding company, it...

UK bosses claim that ensuring robust mental and physical health among employees is key to increasing productivity and profitability, and is the main aim of health and wellbeing policies. The vast majority...

The Financial Conduct Authority (FCA) has named the 26 funeral plan providers that it has authorised as it takes over regulation of the market from today. These firms hold approximately 1.6 million...

Mortgage Advice Bureau (MAB) has taken a majority ownership stake in protection advice firm Vita Financial as it seeks to expand in the protection insurance market. The network said it increased its...