Individual
Dentists’ Provident’s biggest claim totalled £87,800 as 99% paid
The largest amount Dentists’ Provident paid out to an individual claimant in the past year was £87,800. This is according to the provider's claims report for 2023 which showed 99% of new...
Read moreFCA rejects calls to intervene in PII market
The Financial Conduct Authority (FCA) has rejected calls from smaller financial firms for it to intervene in the professional indemnity insurance (PII) market. The regulator dismissed pleas from two of its engagement...
Read moreFCA reiterates Consumer Duty will not be retrospective for FOS complaints
The Consumer Duty will not be applied retrospectively to complaints received by it and the Financial Ombudsman Service (FOS), the Financial Conduct Authority (FCA) has emphasised. The regulator repeated its assertion about...
Read moreUK workers resorting to self treatment due to NHS access woes – Health Shield
More than half (55%) of UK workers who need healthcare have resorted to self-treating medical symptoms due to being unable to access the NHS. This is according to research of 564 workers...
Read moreAI and mandatory excesses floated to stabilise ‘saturated’ virtual GPs
Advisers have proposed options including greater use of artifical intelligence (AI) and mandatory excesses to help control the "saturated" use of virtual GPs in the private medical insurance (PMI) market. The subject...
Read moreMedicash offers 70% discount for Muhdo Health DNA insights package
Medicash is offering the Muhdo Health genetic testing service to policyholders at a 70% discount from standard rates. The cash plan provider’s customers can purchase the Muhdo DNA Insights Kit and monthly...
Read moreNearly 90% of claims handlers suffer second-hand trauma – CII New Gen
Insurers need to proactively ensure second-hand trauma experienced when handling distressing claims is understood across the sector. This is according to a report from the 2022/23 Chartered Insurance Institute (CII) New Generation...
Read moreHealth Summit: Insurers can guard against greenwashing and greenhushing – Roper
Insurers can guard against greenwashing and even greenhushing by being very specific about their environmental, social and governance (ESG) goals and contextualising them effectively. This is according to Jack Roper, group head...
Read moreHealth Summit: AI creates opportunities to monitor mental health of workforce – Herbert
Artificial Intelligence (AI) can create opportunities to monitor the mental wellbeing of their workforce, according to Steve Herbert, employee benefits, wellbeing and reward consultant. Kicking off the second day of Health &...
Read moreHealth Summit: Pontin urges insurers to consider loaded premiums for PMI
Private medical insurers should explore using loaded premiums to help cover more potential customers with pre-existing conditions. Speaking at Health & Protection's second annual Health Summit, Wayne Pontin, non-executive chairman at financial...
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