Group Risk

HM Treasury has revealed plans to slash Solvency II requirements for insurers that dictate how much capital they must hold and the types of assets they can use. The proposed Solvency II...

Three-quarters of people say clearer use of numbers in insurance would help them to use and understand the sector, according to research for the Association of British Insurers (ABI). The findings were...

Insurers paid out more than £168m in death benefits from group life policies as a result of Covid-19 last year – a sharp increase on 2020 as the pandemic continued to hit...

The Financial Conduct Authority (FCA) has pledged that being given a competitiveness objective will not weaken its oversight of the industry. The regulator also agreed with the Treasury Select Committee of MPs...

Financial Conduct Authority (FCA) executive director for consumers and competition Sheldon Mills says he is “cautious” about using funds gathered from fining firms to pay for regulator or its industry levies. Mills...

Text mining is a new concept which will speed up the process of buying protection. Customers will notice a better experience, particularly at the underwriting stage of their policy. Advisers will welcome...

Health and protection advisers are keeping calm and carrying on as Storm Eunice batters the country. As Storm Eunice makes landfall and red warnings are imposed for parts of the UK, Health...

The Right Mortgage and Protection Network has launched a vulnerability hub to help its advisers tackle difficulties vulnerable consumers have when interacting with financial services. The hub is designed to help advisers...

Dentists' Provident paid out £5.4m to members in 2021 from 1,190 claims. The income protection provider's claims report for last year revealed it paid 98.9% of new claims received compared to 96.3%...

Partners& has bought employee benefits broker Direct Healthline and entered into a strategic partnership which will enable it to work with advice firm Advo Group's larger clients. Terms of the deal to...