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Chesnara has closed the HSBC Life (UK) protection arm to new business due to the market’s “competitive nature” and strategic objectives, following completion of its £260m purchase today. However, the HSBC Life...

The protection insurance sector cannot claim to be providing diverse, inclusive products if it does not meet the needs of customers with sickle cell, according to Sheun Oke, managing partner and CEO...

Adding dependants to group PMI schemes is contributing to a spike in claims, usage and premiums creating a generational divide across UK plc, Graham Simons hears.   Employers are increasingly adding coverage...

Insurers have written off at least £100m in clawback commission debt due to poor adviser behaviour with another £19m outstanding. As a result, the Financial Conduct Authority (FCA) identified concerns about certain...

The Financial Conduct Authority (FCA) wants to help the protection insurance industry close the consumer protection gap. Furthermore, while the FCA is proposing some modest measures, it said it was not anticipating...

Abigail Montrose hears how the protection industry is viewing the FCA’s review of the market and how greater transparency is seen as a good thing.   The Financial Conduct Authority’s (FCA) ongoing...

Growing an advice business is rarely a simple task and while lead generation can play an important role when an intermediary is starting out, it appears advisers have had limited success when...

The Financial Conduct Authority (FCA) is considering the prospect of introducing its own AI agents to help enforcement and make sure markets continue working well. The regulator floated the idea as part...

Artificial intelligence (AI) will reshape white-collar work whether companies are ready or not. In most industries, the conversation stops at automation and efficiency. In insurance, the question is more consequential: will AI...

Private hospital group Spire Healthcare has confirmed it is in discussions with two firms over a possible sale. Having announced in September it was considering options including a sale, the firm said...