Individual Protection
Vitality reveals advised protection proposition upgrade as D2C product launched
Vitality has launched a direct to consumer ActiveLife product and is also unveiling enhancements to its advised protection offering next month. It said a life launch planned for 9 February "where enhancements...
Read moreAdvisers to get real-time client data as insurers target ‘tech savvy’ – Capgemini
Life insurers will target technology development to increase customer loyalty and engage customers while giving advisers real time data on clients to provide a better service, according to Capgemini. The IT services...
Read moreThird of Brits failing to prepare for funeral costs – SunLife
More than three in 10 Brits have failed make any provision to pay for their own funeral while the average cost of dying is now over £9,000, according to new research. Encouraginly...
Read moreA challenging year ahead but mortgage protection customers are starting to realise ‘it might happen to me’ – analysis
The protection sector is bracing itself for a year in which customers will be less inclined to take out cover when arranging their mortgage as cost of living and inflationary pressures persist....
Read moreMetLife pays 19,100 claims and promises pipeline of products – updated
MetLife paid 19,102 protection claims worth a total of £16.7m last year and has promised a pipeline of new products for 2023. The claims figure is up 15% from 2021 when 16,652...
Read moreJenny Watts appointed chairwoman of advice firm Tembo
Mortgage and protection adviser Tembo has appointed Jenny Watts as board chairwoman. Watts (pictured) has acted as a strategic adviser to the tech-focused mortgage and protection intermediary since the summer of 2021....
Read moreThe Exeter appoints customer services director from Legal & General GI
The Exeter has appointed former Legal & General General Insurance operations director Claire Hird as customer service director. Hird (pictured) joined the mutual this month and will oversee the underwriting, claims, and...
Read moreFCA highlights Consumer Duty applies to advice services as well as products
The Financial Conduct Authority (FCA) has emphasised that its Consumer Duty applies equally to services such as advice and distribution as it does to products. The regulator also highlighted that insurers cannot...
Read moreBereavement and poor health can trigger vulnerable circumstances – FCA
Firms' target markets are always likely to include vulnerable people so the Consumer Duty requires them to consider whether their products have features that risk harm to all customers - including those...
Read moreParents feel money and income worries bite but cannot afford cover – Vitality
Parents are more likely to be worried about money and the risk of being unable to work through serious illness or injury than those without dependents, but the vast majority have failed...
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