PMI & Healthcare

The government’s NHS and Social Care Coronavirus Life Assurance Scheme has paid out more than £31m to the families of more than 500 Covid-19 victims who worked in the healthcare sector. So...

Private medical insurance (PMI) pricing is “really strange” at present with insurers chasing good risks but also wary of an impending claims deluge, according to advice firm Howden Employee Benefits. The intermediary...

The Department of Health and Social Care (DHSC) has confirmed that ear syringing to remove ear wax is no longer advised as a treatment through the NHS in England. The confirmation comes...

US health benefits administrator HealthComp has appointed Sanoj Balakrishnan as chief technology officer. Balakrishnan will be responsible for the firm's overall tech strategy to ensure it meets growth objectives and serves a...

Aon has revealed the final bill for its failed merger with Willis Towers Watson could hit $1.4bn. The global consultant confirmed that a further $350m to $400m charge is expected as a...

The Care Quality Commission (CQC) has welcomed "considerable improvements" at one of Priory Group's sites, while ordering another to make urgent improvements. At the Priory Hospital Bristol, improvements were made following an...

Isaiah Harris is stepping down as chairman of the board of directors at global health insurer Cigna. Harris, who is retiring at the end of the year, joined the company's board in...

Some advisers have already resumed face-to-face client meetings, according to research from insurer Zurich. The survey of 56 advisers this month revealed 68% had resumed such meetings, with a similar number (66%)...

Professional indemnity insurance (PII) costs saw dramatic swings for insurance intermediaries in 2020. According to data from the Financial Conduct Authority (FCA), the largest advice firms earning more than £10m per year...

Insurance intermediaries saw their revenue rise 1.8% last year to reach £17.6bn – up from £17.29bn in 2019. The £313m increase was mostly driven by a £235m rise in insurance-related income, but...