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Serial health insurance fraudster jailed after using grandmother’s account to pocket £24k from 130 false cash plan claims
A serial health insurance fraudster has been jailed for a year after submitting more than 130 claims worth £24,000 to multiple insurers under nine different names that seemingly targeted cash plan providers....
Read moreConsumer Duty did not explicitly ban loaded premiums, but it may as well have – Müdd
I have heard the Financial Conduct Authority’s (FCA) Consumer Duty described in many ways. This ranges from “unnecessary meddling”, to which I do not subscribe, to the “Retail Distribution Review mark II...
Read moreBupa adds 150,000 customers, reorganises IPMI business and ups premiums
Bupa has added 150,000 customers across UK its private medical insurance (PMI), health trusts, dental and cash plans products in 2022. Meanwhile the Bupa Global international PMI business has returned to profitability...
Read morePHIN introducing PMI-based approach to publishing consultant fees
The Private Healthcare Information Network (PHIN) plans to implement a new approach to publishing consultant fee arrangements via its portal next year which will help the private medical insurance (PMI) sector. However...
Read moreRoyal London’s Ian Smart retires after four decades in the industry
Ian Smart is retiring after 38 years in the insurance industry – the majority of which has been at the heart of the intermediated protection market. Smart left his position as product...
Read moreFCA Consumer Duty: All the key coverage
This week the Financial Conduct Authority (FCA) published the final rules and guidance for its landmark Consumer Duty. The rules promise to trigger a major shift in how the financial services industry...
Read moreFormer mortgage broker jailed again after £200k property loans fraud
A former mortgage broker has been jailed and disqualified from being a director for a second time after committing mortgage and loan fraud. Cindy Brad from Melton Mowbray illegally obtained £200,000 from...
Read moreMüdd: Pressure on insurers and advisers to show ‘fair value’ of loaded premiums
The Financial Conduct Authority's (FCA) failure to explicitly ban loaded premiums under its Consumer Duty means the pressure is on insurers and distributors to justify continuing the controversial practice, according to St...
Read moreTalent shortfall and Covid fallout drive unprecedented demand for group risk benefits – analysis
The combined impact of the pandemic and an intensifying war for talent has meant demand for group risk benefits from employers has never been so high. While advisers do not think mandatory...
Read moreSMEs don’t trust insurers promoting workplace protection – BEIS commissioner
Small business leaders do not trust insurers promoting the importance of cover for their employees and organisations, a Department for Business, Energy & Industrial Strategy (BEIS) commissioner has warned. Liz Barclay, small...
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The UK Health & Protection Awards 2025 supplement – the winners
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Aviva extends EAP to all group protection customers
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PMI-funded hospital admissions down in Q2 2025 – PHIN
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Preventative health services have real benefits but need further work – analysis
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