Appointments / Industry
Pacific Life Re appoints chief underwriter as founding exec Warren Copp retires
Andrew Doran is to succeed Warren Copp as chief underwriter at Pacific Life Re. Copp, who is retiring at the end of the year, was a founding member of Pacific Life Re's...
Read moreFCA fees for health and protection advisers rising 3%
Advisers operating in the health and protection insurance markets face an increase of 3.2% in their annual fees paid to the Financial Conduct Authority (FCA). This rise is in addition to the...
Read moreAetna International exiting IPMI market with Allianz to offer policy renewals
Aetna International is exiting the international private medical insurance (IPMI) market around the world aside from the Americas, with the process starting next month. In the Europe, Middle East and Africa (EMEA)...
Read moreNumber of people with long Covid for more than a year up 100k since January
The number of people in the UK suffering symptoms associated with long Covid for more than a year has increased by 99,000 taking the total past three-quarters of a million, according to...
Read moreSimplyhealth moves to single policy software system
Simplyhealth is moving to a single policy platform after agreeing a deal with insurance software provider Genasys. The partnership will result in the migration of over one million health plans from its...
Read moreFCA pledges clarity for firms over Consumer Duty requirements
The Financial Conduct Authority (FCA) has pledged to be clear with the industry about what actions will be required when its Consumer Duty comes into force. The regulator said it plans to...
Read moreTreasury and FCA working on further regulation for ARs
The Financial Conduct Authority (FCA) is working with HM Treasury to assess whether further legislation is required to regulate appointed representative (AR) regimes. In early December the regulator announced proposals for tighter...
Read moreFCA expects ballooning FSCS levy to stabilise by early targeting of failing firms
The Financial Conduct Authority (FCA) expects the Financial Services Compensation Scheme (FSCS) levy to stabilise due to actions it is taking in its three-year strategy plan. However compensation levels are still expected...
Read morePrivate providers improve in ‘speaking up’ but culture and leader concerns remain
Private healthcare providers have witnessed a bigger improvement in the "speaking up" culture across their organisations over the last year compared to other parts of the healthcare sector, according to a report...
Read moreIP claims numbers down but length and value increase – AFM
New income protection (IP) claims declined in 2021 but there were more long-term payments and the cost of claims increased, according to data from the Association of Financial Mutuals (AFM). AFM data...
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