Protection
Illness or injury could push third of UK families into hardship – Vitality
An income shock could push one in three UK families into hardship within three months, Vitality research has found. It's survey of 2,000 adults with children under the age of 18 found...
Read morePan-sector AI governance framework would cut costs and ease regulation – Williams
Creating a standard governance framework for the use of artificial intelligence (AI) systems in the protection market would save money and improve regulatory compliance. It would also help to address issues of...
Read moreFCA cutting ICOBS 4.2 protection disclosures including non-advised buying responsibility
The Financial Conduct Authority (FCA) is removing a set of dedicated disclosure rules for advisers and insurers operating in the protection market, including around ensuring customers understand they are making the decision...
Read moreFCA removing intermediary disclosure of single-tie deals, panels, remuneration and insurer ownership
Health and protection insurance intermediaries will no longer have to disclose to customers where they use only exclusive single-tie arrangements or a panel of insurers when selling products to retail customers. Proposals...
Read moreIPTF launches 7Families Revisited series
The Income Protection Task Force (IPTF) has launched its 7Families Revisited series. Originally launched in 2014, the 7Families project aimed to highlight the importance of income protection insurance by sharing the journeys...
Read moreFCA removes non-UK business from Consumer Duty
The Financial Conduct Authority (FCA) has proposed removing non-UK business from the scope of Consumer Duty. The regulator is proposing to simplify the rules that apply when insurance is sold and will...
Read moreFCA proposes only advised and non-advised insurance sales
The Financial Conduct Authority (FCA) is proposing just two categories of insurance sale - advised and non-advised - as part of its consultation on simplifying insurance rules. Current rules distinguish between a...
Read moreOmni Protect hires Waters as head of strategic partnerships
Omni Protect has appointed Richard Waters (pictured) to the newly created position of head of strategic partnerships for protection and health. Previously head of protection distribution at HSBC Life, Waters will focus...
Read morePolicies are more inclusive with new voices joining the conversation as people feel seen – George Hayes, L&G
George Hayes, non-financial risk consultant and global pride network chairman at Legal & General (L&G), speaks to Health & Protection about why inclusion, wellbeing and diversity are now part of every day...
Read moreThe Right Mortgage & Protection promotes Wilson to propositions director
The Right Mortgage & Protection Network has promoted Amy Wilson to the newly created role of propositions director. Wilson (pictured, centre) has been at the firm for 11 years and is stepping...
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