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High medical inflation biggest contributor to global benefits spend – Aon
High medical inflation is the biggest driver of benefits costs across the world and many employers are planning to renegotiate insurance contracts, according to Aon's 2025 Global Benefits Trends Study. The study...
Read moreRoyal London protection sales surge backed by HNW and ‘buoyant’ market
Royal London almost trebled its new protection sales in the first half of the year thanks to soaring interest in high-net-worth and inheritance tax-related products. The mutual also highlighted a "buoyant" protection...
Read moreBupa UK members up but profits dip as claims and commission climb
Bupa saw significant growth in membership numbers, revenue and profits across the group in the first half of 2025, but UK profitability slipped as higher claims, adviser commission and investment took hold....
Read moreABI and IHPN raise concerns over Lord Kinnock’s call for VAT on private healthcare
The Association of British Insurers (ABI) and the Independent Healthcare Providers Network (IHPN) have raised concerns about a proposal put forward by Lord Kinnock for a tax hike on private healthcare. The...
Read moreThe Exeter sees 60% take up of beneficiary nominations
Since introducing beneficiary nomination on its real life product in March The Exeter has seen six in 10 (60%) single life policies including a nominated beneficiary. It added a further 10% of...
Read moreAxa Health recruits Ayrey as SME distribution director from Bupa
Axa Health has hired Jordan Ayrey as SME distribution director from Bupa where he was head of consumer intermediary. He will join Axa Health in November and will lead SME distribution, driving...
Read moreMost common OH service can cost hundreds per employee
The most common service occupational health providers deliver typically costs as much as £200 per employee and can often cost much more, according to government research. The data from the Department for...
Read moreRemoval of VAT exemption on private healthcare would be ‘madness’ – advisers
Removing the VAT exemption on private healthcare would be "madness" adding to the tax burden on employers and causing individuals and UK plc alike to think long and hard about whether they...
Read moreLord Kinnock calls for VAT on private healthcare as polling backs windfall tax
Lord Kinnock is calling for the government to remove the exemption on VAT on private healthcare, while calls have also been made to introduce a windfall tax on these services. The former...
Read moreAon Cayman takes on Vitality’s Thompson as VP for employee benefits
Aon Cayman has appointed Geoff Thompson as vice president, employee benefits, with Thompson moving to the Caribbean after leaving Vitality. Thompson (pictured centre picking up a Health & Protection Award in 2021...
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