Group Risk
FCA warns protection insurers to support customers with arrears and eyes expanding Covid guidance to cover financial difficulty
The Financial Conduct Authority (FCA) has warned protection insurers may see more policies lapsing or being cancelled through the cost of living crisis and that they should monitor these numbers, understand the...
Read moreYuLife partners with Bupa to offer dental insurance for employees
YuLife is to offer its members the option of purchasing group dental insurance cover through a partnership with Bupa. The move follows feedback from in-app surveys among YuLife members which revealed dental...
Read moreFCA reviewing funding classes and compensation limits of FSCS
The Financial Conduct Authority (FCA) will review the way the Financial Services Compensation Scheme (FSCS) is funded by the industry and the level of protection it offers. The FCA ruled out the...
Read moreDHSC calls for evidence to help demystify genetic testing and insurance code
The government is launching a call for evidence to look into how its code on genetic testing and insurance can better define predictive and diagnostic genetic tests as well as outline a...
Read moreHow the pandemic and a cost of living crisis changed what employees want from wellbeing services – analysis
The pandemic has left its mark on the country in the form of unprecedented wait times for NHS treatment or to see the family doctor. It has also created a revolution in...
Read moreEmployers expect staff financial difficulties to increase in 2023 – Partners&
Almost all employers surveyed by intermediary Partners& think the financial difficulties currently being experienced by their employees will increase in 2023. The survey of 169 senior HR, finance, and C-suite professionals found...
Read moreSt James’s Place targets adviser recruitment for applicants with disabilities
St James's Place (SJP) is partnering with disabled careers specialist Kaleidoscope Group UK to create a programme to help those overcoming a range of health challenges to train as financial advisers. The...
Read moreGallagher buys Minnesota employee benefits agency
Arthur J. Gallagher & Co has acquired Minnesota-based Mahowald Insurance. Terms of the transaction including the price were not disclosed. Founded in 1930, Mahowald is a retail insurance agency offering commercial and...
Read moreFCA slams industry diversity strategies as unsustainable and generic while ignoring culture and customers
Diversity strategies across the financial services sector are not inclusive enough and failing to build diverse talent pipelines leading to unsustainable practices including poaching of senior mangement, the Financial Conduct Authority (FCA)...
Read moreInsurers lead on first day flexible working as candidates snub office-only roles
The insurance sector appears to be ahead of the game when it comes to new government legislation meaning workers can request flexible working from their first day at work. Under the changes...
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National Friendly launches term assurance offering
