Protection
Swiss Re launches AI assistant to life underwriting guide
Swiss Re has launched a generative artificial intelligence (AI) assistant to its life and underwriting manual life guide designed to help increase the efficiency and quality of underwriting. Swiss Re’s augmented version...
Read moreL&G targeted recruitment campaign at The Exeter’s IP claim assessors, says Langton
Legal & General targeted The Exeter's income protection (IP) claims assessors as part of a recruitment drive on LinkedIn last year, according to the mutual's CEO. In response L&G said it did...
Read moreAviva pays over £413m in group protection claims in 2023
Aviva paid more than £413m in group protection claims in 2023. The insurer revealed it paid more than £1.1m every day for employees and their families through group protection policies and had...
Read moreFifth of adults feel forced to try DIY dentistry – Canada Life
One in five adults in the UK have done a dental procedure on themselves, according to research from Canada Life. The insurer's survey of 2,000 UK adults found a fifth (18%) of...
Read moreProtection Forum: Adviser CI knowledge is pretty poor – Lakey
The level of adviser knowledge about critical illness is "pretty poor," according to Alan Lakey director of CI Expert. Participating in a panel debate at Health & Protection's inaugural Protection Forum in...
Read moreProtection Forum: Insurer leaders want ‘honest’ conversation on loaded premiums and would be ‘delighted’ if FCA took action
Leaders from major protection insurers have called for the sector to have an honest conversation about loaded premiums and commissions, with one CEO saying they would be "delighted" if the Financial Conduct...
Read moreProtection Forum: Its ‘insane’ that customers aren’t getting annual statements about their insurance cover – Jeynes
Insurance companies need to contact their customers more frequently and should send out at least an annual statement, according to Phil Jeynes, director of corporate strategy at Reassured. Jeynes (pictured) was speaking...
Read moreProtection Forum: Allowing protection customers time to think makes the difference – Chohan
Allowing protection insurance customers time to think makes all the difference for Apprentice candidate and protection adviser Raj Chohan. Addressing delegates at Health & Protection's inaugural protection conference in the City of...
Read moreProtection Forum: Standardised approach to insurer fair value reporting would be ‘helpful’ – Fothergill
Standardising how protection insurance providers report fair value assessments will be "helpful" for advisers grappling with Consumer Duty. This is according to Paul Fothergill, regulatory engagement manager at Sesame Bankhall Group (pictured),...
Read moreNow is the time to end loaded premiums – Baigrie
Now is the time for protection insurers allowing intermediaries to use loaded premiums to end this practice, according to LifeSearch chairman Tom Baigrie. Speaking at the advice firm's Awards yesterday, Baigrie (pictured)...
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FCA removes minimum CPD hours and annual product review rules
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Axa Health introducing SME claims data reports
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Lloyds Bank introduces everyday health plan with Vitality
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Health & Protection Individual Protection Report: Market recovers with in-force members up and new business driven by IP
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Dr Peter Mills joins Axa Health as interim medical director
