Compliance & Regulation
Private health will not substitute NHS under Labour government – Fabian Society
If a new Labour government comes into power after the next election, insurance companies must not seek to replace the NHS, but rather only compliment it, according to Andy Harrop, general secretary...
Read moreMost employees back tax breaks for employers offering income protection and PMI – ABI
Most employees believe employers should receive tax incentives for offering insurance benefits - including health and income protection cover - to their staff. This is according to a survey of 2,000 UK...
Read moreBase insurance on inclusion not exclusions to support more people – TD
The typical health and life insurance model of exclusions must be overhauled to cover more conditions and people, particularly those in vulnerable situations, and make prevention a core aim, according to insurers...
Read moreLife and health insurers should focus on under-represented groups and inclusive underwriting, UN report says
Life and health insurers should develop products to cover under-represented groups, promote “fair and inclusive underwriting” and offer mental health services as an essential benefit, according to a dedicated United Nations (UN)...
Read moreMorganAsh and Investor in Customers combine on Consumer Duty reports
MorganAsh and Investor in Customers are partnering to provide reports supporting Consumer Duty requirements. Investor in Customers already provides a suite of reports assessing outcomes for firms and these will be combined...
Read moreAviva introduces electronic Letter of Authority for protection cases
Aviva is offering Origo’s Unipass Letter of Authority (ULoA) service to support individual protection cases. Letter of Authority requests and responses can now be obtained electronically from the insurer for protection products....
Read moreSimplyBiz adds to Consumer Duty support as six-week countdown hits
SimplyBiz has added additional support for advisers as just six weeks remain until the implementation of the Financial Conduct Authority's (FCA) new Consumer Duty. The firm said it has added a series...
Read moreABI calls for increased insurance take-up to reduce pressure on NHS
A new approach is needed to help employers and individuals take actions to reduce NHS backlogs, increase workforce participation and improve the health and wellbeing of the nation, according to the Association...
Read moreFCA cancels protection adviser’s permissions for unpaid fees
The Financial Conduct Authority (FCA) has cancelled the permissions of protection and mortgage advice firm Ozen Financial Services Ltd (OFSL) from 9 June. As a result, “OFSL no longer has permission to...
Read moreHouse of Lords backs requirement for FCA to monitor financial inclusion
A proposal requiring the Financial Conduct Authority (FCA) to explore financial inclusion issues to protect vulnerable consumers has successfully passed through the House of Lords. The amendment to the Financial Services and...
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Kim Powell joins The Exeter as national key account manager for health
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Barnes leaves Axa Global for new role in IPMI
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Axa Global Healthcare launches all-in-one health and wellbeing app
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OneFamily appoints former AIG Life protection specialist as Beagle Street head of distribution
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Joanne Legg joins Royal London from Protection Guru
