Individual Protection

Advisers should be passionate about income protection to properly engage customers. But they should also resist talking down to customers and bamboozling them with jargon or seeing the benefit as purely a...

In the wake of recent devastating ransomware attacks on the healthcare sector, it’s more important than ever that companies within the life insurance industry ensure their cyber security is robust and constantly...

Consumer Duty rules require advisers to recognise not just vulnerable customers, but potential circumstances that could put clients in a vulnerable position such as a divorce or inheriting a large sum of...

A lack of job security and increased knowledge gained from social media is behind ever growing numbers of younger people buying income protection (IP). But advisers would do well to ensure these...

FCA chief executive Nikhil Rathi has warned that using artificial intelligence (AI) for insurance could leave some customers uninsurable or potentially result in discrimination. Rathi (pictured) agreed that AI could benefit many...

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...