Protection
LV= pays £152m in claims and highlights misrepresentation conversation
LV= paid out almost £152m and approved 95% of claims in 2025 – up from £137m and on par with the 95% figures in 2024. The approval rate for life insurance claims...
Read moreProtection providers should publish time taken to pay claims – Timpson
The general insurance sector can learn from their protection peers’ example with progress made on claims disclosure. But protection providers should go even further by publishing the average time taken to pay...
Read moreProtection cover slashed as household budgets feel the squeeze – MetLife
More consumers are concerned about protecting their mortgage than 12 months ago but rising household costs are forcing many to cancel their protection policies or reduce their level of cover, research from...
Read moreEmployee benefits limited to reinsurance only in captives regime
Employee benefits such as group life and health insurance schemes will only be permitted on a reinsurance basis under the UK’s new captive insurance regime with another primary insurer being required. Meanwhile,...
Read moreFCA and PRA propose excluding captives from Consumer Duty
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) have proposed that captives be excluded from Consumer Duty requirements. The proposal features in the bodies’ consultation on a tailored and...
Read moreWTW adds Perci Health to supplier list
Perci Health has been added to WTW’s supplier list as a specialist provider of cancer prevention, risk and screening services. This enables employers to offer their employees access directly to the firm's...
Read moreMurphy moves to Vitality group CFO as Skinner retires
Vitality has appointed Adam Murphy (pictured, right) as group chief finance officer. Murphy will oversee finance functions across all Vitality's international operations including the UK, US, Asia and in our partner markets,...
Read moreHowells steps down as LSL financial services MD with Nowosad taking interim role
Richard Howells is stepping down as managing director of LSL Group’s financial services division, which includes its Primis protection and mortgage network. Howells, who has been MD since February 2024, will be...
Read morePMI and protection have ‘vital’ role in maintaining mortality improvements among middle-aged men – advisers
Protection and private medical and insurance products have a “vital” role to play in helping maintain improved mortality rates among middle-aged men. This is according to advisers Health & Protection spoke to...
Read moreOmni Protect first distributor to offer Beagle Street’s adviser products
Omni Protect has become the distributor service for directly authorised firms in the UK to offer Beagle Street's newly launched intermediary protection proposition to advisers. The agreement follows Beagle Street’s entry into...
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