Individual Protection

The Financial Conduct Authority (FCA) has praised how firms adapted to the pandemic but emphasised seven key points they must focus on as hybrid and other working models are growing in popularity....

Reassured has appointed James Turnbull to the newly-created post of chief digital officer (CDO). The broker firm said the move was intended to strengthen the executive team in line with new product...

Having sufficient protection for unexpected healthcare costs and seeking financial advice appear to substantially boost mental health, according to research from HSBC. The bank’s study also revealed other strong correlations between financial,...

Vitality is to start recommending and incentivising ways in which members can live a longer and healthier life. The insurer said it would use its data science and understanding of individual health...

Johnny Timpson has been appointed financial services sector ambassador for bereavement support service GriefChat. Timpson will be tasked with helping the organisation partner with financial services firms to improve vulnerable customer support,...

British Friendly has appointed Alex Yates as head of underwriting as one of a trio of hires for the protection provider. The insurer has also hired Charlene Harvey as product and customer...

Metlife paid out £47m in claims across its individual and group protection business from July to September, one of the highest single quarters it has seen as Covid and long Covid hit....

LV= has revealed its new business unit is loss-making and the insurer requires around £100m worth of investment to bring it back up to scratch. The insurer’s strategic review conducted in 2020...

The chairman of the Treasury Select Committee of MPs has written to chancellor Rishi Sunak requesting more information on how the social care cap will affect households and individuals. Earlier this week,...

US mutual life insurer New York Life has appointed current president Craig DeSanto as its next chief executive officer (CEO). DeSanto will succeed Ted Mathas, who is retiring having served as CEO...