Protection
FCA’s next insurance strategy likely in couple of months
The Financial Conduct Authority (FCA) is likely to publish the next edition of its insurance strategy in the next couple of months, Health & Protection understands. The strategy will outline the regulator’s...
Read more‘Common sense prevailed’ as group life schemes avoid IHT liability
The group risk industry has warmly welcomed confirmation that death in service benefits will not be brought under the scope of inheritance tax (IHT) liabilities. HM Revenue & Customs (HMRC) also confirmed...
Read moreWhy positive storytelling matters in helping protection insurance reach underserved communities – analysis
Vast swathes of the population still do not think protection cover is for them, this perception persists particularly among the young, renters, mothers and carers and even some areas of the business...
Read moreNational Friendly adds Toothfairy dental support to Friendly Shield
National Friendly has added dental support from Toothfairy for all new members of its Friendly Shield product. Powered by Toothfairy, the health-regulated smart dental app is designed by dentists, and operated in...
Read moreFlexible working has given us high performing advisers and a record year – Knowles
Cura would not be benefitting from the services of one of its top performing advisers were it not for flexible working and the practice has driven the firm to reach a record...
Read moreIndividual protection sales up 3.6% in Q1 – Gen Re
Sales of new individual protection insurance policies climbed 3.6% year-on-year in the first quarter of 2025, according to reinsurer Gen Re. It found 531,419 policies were sold over the quarter up 3.6%...
Read moreGrid writes to chancellor urgently pursuing HMRC clarity on group life IHT changes
Group Risk Development (Grid) has written to chancellor Rachel Reeves urgently requesting guidance on how proposed inheritance tax changes will apply to death in service payments, Health & Protection can reveal. Proposals...
Read moreL&G revamps OLP Connect enabling advisers to cancel and update customer policies
L&G's retail protection business has revamped its adviser platform OLP Connect to enable advisers to update customer payment details and cancel policies on behalf of their clients. Advisers can now fully manage...
Read moreVitality protection claims paid rises 21% to £142m
Vitality paid £142m in protection claims in 2024 - a 21.4% increase from the £117m in protection claims paid in 2023. Publishing its protection claims statistics for 2024, the insurer revealed it...
Read moreGroup life captive plans welcomed but winning firms from tax havens ‘a challenge’
The inclusion of group life in the government’s captive framework has been welcomed but it is not expected to have a major impact on the industry or country unless further benefits are...
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