Appointments / Industry
Protection commission models ‘ridiculous’ as UK’s rock bottom prices drive insurers and reinsurers to focus on advice quality
Commission models in the protection industry are "ridiculous" and incentivise poor behaviours while reinsurers are beginning to consider distribution in pricing. Industry experts also noted how tight margins were in the market...
Read moreOne in 10 could cut protection as cost of living crisis continues – Vitality
One in 10 UK adults are considering cancelling their protection cover as living costs mount, according to research from Vitality. The insurer's survey of 2,000 UK adults shows more than a third...
Read moreWe need protection products for people with sickle cell – Oke
The UK protection insurance sector needs to design life, critical illness and income protection products to cater for the needs of individuals with sickle cell. Sheun Oke, area sales manager at Wealthmax...
Read moreFlexible protection products needed to embrace ‘fluid and chaotic’ lives
The protection sector needs to be better at embracing flexibility when designing products to meet changing consumer needs and increase sales, experts from across the sector have agreed. They highlighted items including...
Read moreProtection experts at odds over progress made in mental health underwriting
Protection insurance industry experts were at odds over progress made in mental health underwriting thoughout the sector citing examples of steps forward and where there remains significant work to do for advisers...
Read morePIB Group buys benefits division of Creative Benefit Solutions
PIB Group is adding the employee benefits division of Creative Benefit Solutions to its business. The division and client book of business transferred into the PIB Employee Benefits brand from 1 December...
Read moreTimpson appeals for protection industry to root out economic abuse in life cover
The UK protection insurance sector has been urged to up its game in tackling domestic economic abuse enacted through the use of protection policies. Johnny Timpson set out a four pronged plan...
Read more‘Glacial’ industry taken two years to progress beneficiary payment – McCarthy
It has taken almost two years for mental health campaigner and former Sky journalist Mike McCarthy to near the final stages of resolving issues with life cover taken out before the death...
Read moreLloyds Bank completes £12m Cavendish Online deal
Lloyds Banking Group (LBG) has completed its £12m purchase of protection intermediary Cavendish Online. The deal was originally announced in June and Lloyds confirmed to Health & Protection that Cavendish Online would...
Read moreHealth & Protection publishes first Individual PMI market report
Health & Protection is launching its first UK private medical insurance (PMI) report analysing the extent of the market. The report is available to download for free by advisers, intermediaries and brokers...
Read moreHAVE YOU READ?
MOST POPULAR
-
‘I’ve never felt I had to hide myself away’ – Sam Traynor, Shepherds Friendly
-
Digital ‘health twins’ have potentially unparalleled benefits – Dr Hurter
-
Act earlier on ill health to cut workplace absenteeism – Lusted
-
Prevention crucial to lowering PMI costs but ‘you have to stick with it’ – Dr Patel
-
ABI rejects peer’s call for minimum policy standards on comparison websites
