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Insurers need to up their game in compiling product target market statements as they are too broad and vary widely in terms of detail, but so too should the Financial Conduct Authority...

The Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) products as “examples of poor practices that could cause customer harm”. It...

Zurich Singapore has appointed Nixon Ooi as head of accident and health in Singapore.  Reporting directly to Alexandra Cowley, chief underwriting officer, Singapore, Ooi will be responsible for leading the underwriting, portfolio management, and proposition...

The Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products where it has material concerns about providing fair value. The regulator said...

The Financial Conduct Authority (FCA) has continued to express concern over the value proposition of Guaranteed Asset Protection (GAP) insurance, with some firms struggling to demonstrate fair value as required by the...

More than one in 10 people have taken a whole month out from work due to an injury from an accident in the past year, according to research from MetLife UK. The...

Healix has appointed Paul Farthing as strategic key account director. Farthing (pictured) has more than 18 years’ experience in the corporate healthcare space, previously holding positions at WPA, Citi Bank in Japan...

Global mental health services provider Koa Health has launched mental health platform Koa Care 360. The platform enables employers to provide their employees with preventative care, online therapy, and a range of...

Just one in five companies in Scotland offer private medical insurance (PMI), according to a report from Howden Employee Benefits. The report, entitled Employee Benefits and Wellbeing in Scotland, surveyed more than...

Healthcare costs can be around two thirds higher for obese individuals, according to a study by Lane, Clark & Peacock (LCP). The healthcare analytics firm has published a series of real-world evidence...