I cannot be alone in being a little surprised by the FCAs publication of MS24: Market Study into the Distribution of Pure Protection Products to Retail Consumers, following on so closely, from...
Read moreAxa Health CEO Heather Smith says the insurer can “see inflation coming down significantly” and has outlined the plan for progressing its new digital platform. Smith is also pleased the insurer made...
Read moreBeagle Street has revealed it is working on a proposition that will enable it to enter the intermediary space next year. The insurer said its priority will be to "make advisers’ lives...
Read morePrivate medical insurance (PMI) providers believe the market may be approaching the peak of its growth as increasing premiums and the rising cost-of-living may hamper consumer affordability. The statements were made as...
Read moreMembership of private medical insurance (PMI) has grown by more than 11% for a third consecutive year, according to data from providers. Health & Protection’s third Individual PMI report found providers were...
Read moreThe Financial Conduct Authority (FCA) will be conducting a review into the operation of the pure protection market including commission structures including loaded commission and the shrinking insurer market. It is also...
Read moreA breakdown of Financial Conduct Authority (FCA) value measures data on insurance products shows healthcare cash plans to be leading in almost all categories measured by the regulator. Out of more than...
Read moreInsurers need to up their game in compiling product target market statements as they are too broad and vary widely in terms of detail, but so too should the Financial Conduct Authority...
Read moreThe Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) products as “examples of poor practices that could cause customer harm”. It...
Read moreThe Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products where it has material concerns about providing fair value. The regulator said...
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