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LV= new business is loss-making and needs £100m investment
LV= has revealed its new business unit is loss-making and the insurer requires around £100m worth of investment to bring it back up to scratch. The insurer’s strategic review conducted in 2020...
Read moreMPs demand Sunak publish impact of social care cap changes
The chairman of the Treasury Select Committee of MPs has written to chancellor Rishi Sunak requesting more information on how the social care cap will affect households and individuals. Earlier this week,...
Read moreNew York Life appoints CEO
US mutual life insurer New York Life has appointed current president Craig DeSanto as its next chief executive officer (CEO). DeSanto will succeed Ted Mathas, who is retiring having served as CEO...
Read moreHealth and wellbeing programmes improve workplace relations and cut bullying
Employee health and wellbeing programmes can have a positive impact on social relationships and reduce bullying, according to a study from Vitality and the University of East Anglia (UEA). The three-year study...
Read moreAdvisers should demand return-to-work outcome data from medical insurers to match group risk providers – Bridger
Aviva UK Health managing director Steve Bridger has told advisers to demand data from insurers on how long it takes patients to return to work after treatment, noting the sector does not...
Read moreMovember: Royal London urges men to act as prostate cancer claims halved
Royal London is urging men to raise health concerns as early as possible to ensure early treatment as the insurer's data shows a worrying decline in prostate and testicular cancer claims. At...
Read moreGovernment accused of picking poorest pensioners’ pockets with care cap change
The Conservative government has been accused of "picking the pockets" of the country's poorest pensioners following a change to its plans for the social care cap announced in September. It was originally...
Read moreAviva introducing menopause support service for SME line managers
Aviva is expanding its mental health support for SME line managers to include information about menopause. This is according to Ally Antell, head of propositions and strategy at Aviva Health UK, who...
Read moreInsurers ‘not up to scratch’ on menopause as specific clinical pathways needed
Health insurers' support for women suffering with menopause is not up to scratch and dedicated clinical pathways need to be provided, according to a specialist doctor. Dr Karolina Afors, NHS obstetrician and...
Read moreAxa and Bupa see SMEs and start-ups driving PMI new business
The UKs two biggest private medical insurance (PMI) providers have seen significant growth in appetite from small and medium size enterprises (SMEs), particularly start-ups, as the large corporate sector has stagnated. Bupa...
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