Protection
Timpson appeals for protection industry to root out economic abuse in life cover
The UK protection insurance sector has been urged to up its game in tackling domestic economic abuse enacted through the use of protection policies. Johnny Timpson set out a four pronged plan...
Read moreGet rid of jargon and communicate with people in a language they are comfortable with – Allen
Protection advisers need to talk to customers in a language they are comfortable with rather than the jargon that plagues the insurance sector. Presenting at the Protection Review conference, Robyn Allen (pictured)...
Read moreWhy terminal illness cover is not fit for purpose and how to fix it – Knowles
Terminal illness cover is not fit for purpose in its present state and needs to be radically overhauled, according to Cura Financial co-founder Alan Knowles. Knowles illustrated this with the powerful story...
Read more‘Glacial’ industry taken two years to progress beneficiary payment – McCarthy
It has taken almost two years for mental health campaigner and former Sky journalist Mike McCarthy to near the final stages of resolving issues with life cover taken out before the death...
Read moreLloyds Bank completes £12m Cavendish Online deal
Lloyds Banking Group (LBG) has completed its £12m purchase of protection intermediary Cavendish Online. The deal was originally announced in June and Lloyds confirmed to Health & Protection that Cavendish Online would...
Read moreInsurance sector needs to take more risks to attract diverse talent – McDonald
The insurance sector needs to be prepared to take a few more risks to attract more diverse talent into the sector, according to sustainability consultant Will McDonald. McDonald was previously a group...
Read moreAviva, Unum and Axa lead health and protection insurers on EDI messaging – Penta
Aviva, Unum and Axa are the three insurers generating the most response and interest through their equality, diversity and inclusion (EDI) efforts, according to Penta research shared exclusively with Health & Protection....
Read moreFCA issues warning about unauthorised life insurer targeting UK customers
The Financial Conduct Authority (FCA) has issued a warning about a City-based online banking services provider offering life insurance targeting UK customers. The regulator has warned that Great Western Bank which lists...
Read moreFCA fair value data: Cash plans, dental insurance and MPPI analysed
The Financial Conduct Authority (FCA) has published value measures data for general insurance products including healthcare cash plans, mortgage payment protection insurance, and dental insurance. According to the figures, cash plans and...
Read moreFCA eyes minimum fee freeze and below-inflation rises to protect smaller firms
The Financial Conduct Authority (FCA) is considering freezing minimum and flat fees for the next financial year as it acknowledged the high inflation environment facing financial firms. Beginning consulting for its 2023/24...
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