news

An unnamed insurer has come in for praise from the Financial Conduct Authority (FCA) for highlighting policy exclusions on its website before customers even begin to start applications. In its Consumer Duty...

Canada Life's closure of its individual protection business cost the insurer C$29m, approximately £17.1m, it has reported. This is according to 2023 financial results for the company's parent Great West Life Co...

RedArc has helped one in four of those it supported to stay in work or return to work. This is according to research carried out by the nurse-led health and wellbeing company...

More than a third (37%) of advice firms have reviewed or changed their fees structure since the Consumer Duty was introduced, according to Sheldon Mills, executive director of consumers and competition at...

The Financial Conduct Authority (FCA) has praised insurers for improving propositions to offer new health and wellbeing benefits and widening policy definitions to cover more customers. In its Consumer Duty implementation: good...

German insurtech Embea has raised €4m to expand its pan-European embedded life insurance platform and add new insurance products to its portfolio. The funding round was led by Atlantic Labs, a Berlin-based...

The Association of Medical Insurers (AMII) has added Switch Health, PSG, and Healthwell as intermediary members. Jack Chandler, CEO at Switch Health, said: "As we join AMII, we look forward to gaining...

The Personal Finance Society (PFS) has launched a competency diagnostic tool to identify key areas of training needs to ensure adviser compliance with Consumer Duty. Proficiency+ Consumer Duty was developed in collaboration...

Mercer is bringing health and protection insurers together for a second session with the aim of improving clarity and reporting of environmental, social and governance (ESG) credentials in the sector. Last year...

Private healthcare providers sent a record 10.2 million invoices to insurers through Healthcode’s online clearing service in 2023. Earlier this month, Fiona Booth, the company's head of external affairs and stakeholder engagement,...