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Can opaque fair value assessments threaten Consumer Duty compliance? – analysis
Fair value requirements under the Consumer Duty are causing providers and advisers alike to regularly review product offerings and propositions. For advisers this has meant keeping a close eye on tweaks to...
Read moreStress Awareness Month: FSA communications ‘farce’ a most stressful time – Lakey
A communications "farce" with the forerunner to the Financial Conduct Authority (FCA) ranks among the most stressful experiences protection expert Alan Lakey has faced while working in the sector. To mark Stress...
Read moreHow the protection industry is facing up to terminal illness concerns raised by the regulator – analysis
Last autumn the Financial Conduct Authority (FCA) raised serious concerns about how insurers are addressing terminal illness benefits attached to life insurance policies. Almost six months on from the regulator's review, Health...
Read moreAviva takeover of AIG Life approved by competition regulator
Aviva’s £460m takeover of AIG Life UK has been cleared by the Competition and Markets Authority (CMA). The deal that would see Aviva purchase the AIG Life UK business from AIG subsidiary...
Read moreRise of digital nomads and decline of expats is creating challenges for IPMI – analysis
The Covid-19 pandemic has fundamentally reshaped how people work, leading to significant changes in global workforce movements bringing opportunities and challenges to the international private medical insurance sector. Trends include the rise...
Read moreCoping with imposter syndrome and age barriers in a male dominated health and protection sector – analysis
Events and conferences in the insurance sector certainly feel different to the way they did years ago. And women who have plied their trade in the protection and health sectors for decades...
Read moreAxa Global Healthcare re-enters UAE IPMI market with Daman partnership – exclusive
Axa Global Healthcare has re-entered the international private medical insurance (IPMI) market in the United Arab Emirates (UAE) through a partnership with local insurer Daman – and it is planning further expansion...
Read moreIndividual protection sales slump to five-year low but IP hits record high – ABI
Individual protection product sales fell to 2.1 million in 2023, the lowest figure since 2018, according to the Association of British Insurers (ABI). The drop of around 100,000 sales represented a 4.5%...
Read moreLife insurer ‘DeadUnhappy’ as it is told to close to new life customers
DeadHappy has been told to close to new life insurance customers, with its underwriter no longer taking on any new business from the firm. The life insurance company, who last year courted...
Read moreBACP probes ethical concerns against Health Assured after BBC report
The British Association for Counselling and Psychotherapy (BACP) is investigating claims from the BBC that employee assistance programme provider (EAP) Health Assured has behaved in an unethical way, but the company has...
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