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FCA requiring product withdrawals and other ‘urgent’ action as insurers and advisers failing to demonstrate fair value
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...
Read moreFCA concerned about poor insurance value – but health cash plans are best performer
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...
Read moreOne in 10 take entire month off work due to injury – MetLife
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...
Read moreHealix appoints strategic key account director from Axa Health
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...
Read moreKoa Health launches mental health platform
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...
Read moreJust one in five Scottish firms offer PMI – Howden
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...
Read moreHealthcare costs can be two thirds higher for obese individuals – LCP
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...
Read moreProviders’ call service has largely improved but response times vary – advisers
Insurance provider call service seems to have improved significantly since experiencing a fall-off in quality last year, according to some brokers and advisers approached by Health & Protection. Last year several providers,...
Read moreActiveQuote appoints head of product
Ben Jones has been promoted to the role of head of product at ActiveQuote, joining the senior management team with immediate effect. Jones (pictured centre) joined ActiveQuote on the 2 February 2015,...
Read moreMost private renters lack financial protection – Scottish Widows
The majority of private renters (56%) do not have any form of financial protection, according to a survey by Scottish Widows. The finding is taken from a survey of 4,043 UK adults...
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