Group Risk
FCA ditches fair value assessments for international distribution
The Financial Conduct Authority (FCA) is removing the requirement for fair value assessments to be conducted where non-investment insurance products are distributed through international firms to international customers. However, where these products...
Read moreNeurodiversity in the workplace: what employers can do to support employees – Campbell
Over 15% of the UK public are estimated to be neurodivergent, either diagnosed with conditions such as dyspraxia, ADHD, dyslexia or autism, or simply viewing the world in a different way to...
Read morePIB Group buys benefits division of Creative Benefit Solutions
PIB Group is adding the employee benefits division of Creative Benefit Solutions to its business. The division and client book of business transferred into the PIB Employee Benefits brand from 1 December...
Read moreWhy terminal illness cover is not fit for purpose and how to fix it – Knowles
Terminal illness cover is not fit for purpose in its present state and needs to be radically overhauled, according to Cura Financial co-founder Alan Knowles. Knowles illustrated this with the powerful story...
Read moreInsurance sector needs to take more risks to attract diverse talent – McDonald
The insurance sector needs to be prepared to take a few more risks to attract more diverse talent into the sector, according to sustainability consultant Will McDonald. McDonald was previously a group...
Read moreAviva, Unum and Axa lead health and protection insurers on EDI messaging – Penta
Aviva, Unum and Axa are the three insurers generating the most response and interest through their equality, diversity and inclusion (EDI) efforts, according to Penta research shared exclusively with Health & Protection....
Read moreFCA eyes minimum fee freeze and below-inflation rises to protect smaller firms
The Financial Conduct Authority (FCA) is considering freezing minimum and flat fees for the next financial year as it acknowledged the high inflation environment facing financial firms. Beginning consulting for its 2023/24...
Read moreCanada Life offering group life cover through WorkLife
Employee benefits platform WorkLife by OpenMoney has partnered with insurer Canada Life to enable employers to offer life products to their employees. The collaboration offers WorkLife customers the ability to provide life...
Read moreFCA does not know number of in-force protection and PMI policies – exclusive
The Financial Conduct Authority (FCA) does not know how many protection and health insurance customers are in the UK market, Health & Protection can reveal. The regulator confirmed to Health & Protection...
Read moreEmployee productivity slumps by two weeks despite rising health support – Vitality
UK firms have lost a further two working weeks per employee despite a concerted effort to increase the range of health and wellbeing benefits offered to staff, according to research from Vitality....
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One of my biggest fears is the sector rowing back on inclusivity and we lose progress – Steve Collinson, Zurich
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Aviva expands ChatGPT app for life insurance customers
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PMI providers covering complication-cutting weight loss treatment ahead of surgery would ‘clean up’ – Schofield
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Guardian adds critical illness and combined life value options
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PMI-funded hospital admissions hit another record high – PHIN
