Individual Protection

Insurers and advisers need to be clearer on the limits of income protection (IP) in covering customers when they fall out of work due to stress. This is according to Alan Knowles,...

Instanda, a provider of SaaS (software as a service) platform technology for insurance, has integrated its life offering with Swiss Re’s automated underwriting platform, Magnum. The firms say the combination and integration...

Primis network has served notice on one of its protection-only appointed representative (AR) firms leaving it potentially on the hook for £3.4m in commission clawback. The network, which is part of the...

Sesame Bankhall Group (SBG) has appointed Toni Smith to the newly created role of distribution director to lead its adviser network Sesame, subject to Financial Conduct Authority (FCA) approval. Smith (pictured) joins...

Fintel, the parent company of SimplyBiz and Defacto, has seen profits fall 32.3% in the first half of the year. In the first six months of 2024 Fintel saw its profit after...

The Protection Distributors Group (PDG) has criticised insurers for their handling of mental health claims on income protection (IP) products and appealed for them to improve several areas. The trade body said...

This summer saw a change in government but many of the prevailing trends affecting the nations finances remain, including the ongoing cost of living crisis and a slow mortgage market. Due to...

Phoenix Group is discontinuing its sale of SunLife due to "uncertainty" in the protection market. In its half year 2024 results announcement, released this morning, the group describes SunLife, which provides financial...

Insurers may need to adapt their underwriting philosophies, risk appetite, and mortality assumptions in pricing and reserving to account for an ongoing increase in mortality rates in the UK and US since...

I cannot be alone in being a little surprised by the FCAs publication of MS24: Market Study into the Distribution of Pure Protection Products to Retail Consumers, following on so closely, from...