Protection
Life insurance boom boosts Zurich’s profits to all-time high
Zurich Life saw a record-high profit for its life insurance, totalling $2.1bn for 2023, according to its latest results. Life showed business operating profit of $2,060m in 2023, up from $1,487m in...
Read moreLifeSearch appoints Richardson and Mooney to head PMI team
LifeSearch has charged its head of expert advice Alan Richardson and people and business leader Chris Mooney with leading its expanded private medical insurance (PMI) advice team. This morning the advice firm...
Read moreMajority of UK workers feel they should have protection insurance – LV=
The majority of UK workers (54% ) say they would feel more financially resilient if they had insurance that would cover their monthly outgoings if they could not work, according to a...
Read moreLifeSearch extends PMI advice pilot to 45 advisers
LifeSearch is extending a pilot project of offering health insurance advice to a further 45 of its senior advisers in 2024 as it expands its private medical insurance (PMI) offering. It is...
Read moreCIExpert adds Vitality to IP Insight Zone and extends claims dashboard
CIExpert has included Vitality in its income protection (IP) Insight Zone, which is immediately available to all CIExpert subscribers at no additional cost. Vitality’s IP plan joins those already available from AIG...
Read moreInsurance Premium Tax raises £6.5bn for Treasury
Insurance Premium Tax (IPT) raised £6.5bn for the Treasury between April 2023 and January 2024 compared to £5.9bn in the same period of the previous year according to latest HM Revenue &...
Read moreDame Carol Black to lead DWP occupational health taskforce
UK businesses will be urged to tackle in-work sickness and stop people from falling out the workforce, following the appointment of Dame Carol Black as the government’s new occupational health tsar. Black,...
Read moreSimplyBiz launches adviser academy
SimplyBiz has launched MyLearning Academy, an online learning portal developed in partnership with Competent Adviser. The academy, available from today (21 February) to all SimplyBiz member firms, offers support on a range...
Read moreConsumer Duty: FCA hails insurer for highlighting policy exclusions online
An unnamed insurer has come in for praise from the Financial Conduct Authority (FCA) for highlighting policy exclusions on its website before customers even begin to start applications. In its Consumer Duty...
Read moreCanada Life individual protection business closure costs £17.1m
Canada Life's closure of its individual protection business cost the insurer C$29m, approximately £17.1m, it has reported. This is according to 2023 financial results for the company's parent Great West Life Co...
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