Protection
Gallagher adds Cook, Deacon and Makkar to UK benefits and HR consulting division
Gallagher has added Lee Cook, John Deacon and Vishal Makkar to its benefits and HR consulting division in the UK. The trio who came to Gallagher through its acquisition of Buck in...
Read moreAdviser FCA fees set to rise almost 10%
Advisers in the health and protection insurance markets face a 10% rise in Financial Conduct Authority (FCA) fees for the current financial year, the regulator has revealed. Intermediaries operating in the A.19...
Read moreVitalityLife IP cover added to UnderwriteMe
VitalityLife multi-benefit discounts are now available on the UnderwriteMe Protection Platform, following the provider's addition of its income protection (IP) cover to the platform. This week's move sees the product joining the...
Read moreCan opaque fair value assessments threaten Consumer Duty compliance? – analysis
Fair value requirements under the Consumer Duty are causing providers and advisers alike to regularly review product offerings and propositions. For advisers this has meant keeping a close eye on tweaks to...
Read moreOne in five cut back on insurance due to the cost of living crisis – FCA
One in five adults cut back on insurance to save money or because they cannot afford it, according to the Financial Conduct Authority's latest Financial Lives cost of living (Jan 2024) recontact...
Read moreSix in 10 workers taking time off due to illness left without pay – MetLife
The majority (52%) of employees have had to take time off work or - if self-employed - time out of their own business, due to falling ill or having an accident, according...
Read moreProtection advisers hope Aviva will retain ‘unique’ AIG aspects following acquisition
Protection advisers have told Health & Protection that they hope Aviva will retain "unique" aspects of AIG UK's offering following the insurer's £453m acquisition of its rival firm. This morning Aviva announced...
Read moreAviva wraps up acquisition of AIG’s UK protection business
Aviva has completed the £453m acquisition of AIG Life UK from Corebridge Financial, a quoted subsidiary of American International Group. The deal was first announced in September last year, but in February...
Read moreFSCS recovers more than £54m from failed financial providers in 2023/24
The Financial Services Compensation Scheme (FSCS) recovered more than £54m from the estates of failed financial services providers in the 2023/24 financial year. The FSCS revealed around £2m of the funds secured...
Read moreRoyal London changes underwriting limits to grow HNWI market share
Royal London has introduced a series of changes to its underwriting limits in a bid to grow its market share of high net worth (HNWI) clients. The mutual said the changes, available...
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Spire chairman quits as board waits for takeover offer
