Fewer than half of advisers believe they are knowledgeable about children’s critical illness (CI) insurance and one in three say the product line is not easy to understand. The figures came from...
Read moreIntermediary network and advice firm Mortgage Advice Bureau (MAB) has taken a 75% shareholding in protection consultancy and service provider Auxilium Partnership. Auxilium Partnership will continue to be led by CEO Mark...
Read moreA “cynical” fraudster has been jailed for three years after trying to claim more than half a million pounds in life insurance payouts covering his brother from several policies bought after his...
Read moreGroup Risk Development (Grid) has called on the Department for Work and Pensions (DWP) to include services available through workplace health and risk benefits in its new Support for Employee Health and...
Read moreProtection Distributors Group chairman Neil McCarthy has sought to scupper the narrative that “protection products are sold not bought”. Speaking at the Protection Review conference, McCarthy told delegates the sector may like...
Read moreWillis Towers Watson (WTW) has expanded its Health & Benefits Scout tool to include two new models focused on social determinants of health and climate risks in the US. Taken together, WTW...
Read moreThe Financial Conduct Authority (FCA) is removing the requirement for fair value assessments to be conducted where non-investment insurance products are distributed through international firms to international customers. However, where these products...
Read moreAviva has upgraded its business, direct to consumer and Santander white label critical illness (CI) plans to reflect amended Association of British Insurers model wordings for cancer, dementia and heart attack. In...
Read moreCommission models in the protection industry are "ridiculous" and incentivise poor behaviours while reinsurers are beginning to consider distribution in pricing. Industry experts also noted how tight margins were in the market...
Read moreOne in 10 UK adults are considering cancelling their protection cover as living costs mount, according to research from Vitality. The insurer's survey of 2,000 UK adults shows more than a third...
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