Group Risk
FCA expects firms to monitor Consumer Duty outcomes from day one
While firms' Consumer Duty processes do not have to be "perfect" from day one, the Financial Conduct Authority (FCA) does expect them to have the capability to monitor outcomes from the day...
Read moreUnum UK adds Reframe cancer support to Help@hand app
Employee benefits provider Unum UK is integrating cancer support services provided by Reframe into its health and wellbeing app Help@hand. The move benefits all employees who have an an employer-paid critical illness...
Read moreMost employees back tax breaks for employers offering income protection and PMI – ABI
Most employees believe employers should receive tax incentives for offering insurance benefits - including health and income protection cover - to their staff. This is according to a survey of 2,000 UK...
Read moreStart-up advice firm Alltoogether eyes funding round and expansion – exclusive
Start-up health and protection advice firm Alltoogether is imminently launching a fundraising round to begin its growth and expansion plans with an aim to more than double its current team. Founder Zak...
Read moreHealth resilience up but mortality protection gap reaches record high – Swiss Re
Health resilience improved globally in 2022, with 78% of protection needs covered by insurance – an increase from 77.5% in 2021, according to Swiss Re. However, mortality protection fell widening the gap...
Read moreIPT collections up £100m in first two months of tax year
The Insurance Premium Tax (IPT) collected by HM Treasury increased by around £100m to £1.8bn for the first two months of the tax year, according to consultancy OAC. The figure is a...
Read moreIt hasn’t all been plain sailing facing attitudes rarely directed at heterosexual couples – Keene
Vicky Keene, vice president at Lockton and chairwoman of Lockton's Pride Committee, speaks to Health & Protection about coming out in what was then a very conservative industry, the importance of LGBT...
Read moreRegulators should mandate corporate reporting on staff health – Vitality
Vitality has called for organisations to be mandated to report on the health of their workforces and their impact on society, with key performance indicators (KPIs) to be tied to outcomes. The...
Read moreBase insurance on inclusion not exclusions to support more people – TD
The typical health and life insurance model of exclusions must be overhauled to cover more conditions and people, particularly those in vulnerable situations, and make prevention a core aim, according to insurers...
Read moreInsurers should disengage from tobacco and other harmful industries – Axa and ABI
Axa and the Association of British Insurers (ABI) have called for life and health insurers to consider disinvesting and disengaging from the tobacco industry and other companies whose businesses do significant harm...
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