iPipeline's Paul Yates says there are several areas the industry can target in order to boost protection sales.
There was a time when people used to come to your house and talk about insurance. There was a time when the powers that be made insurance compulsory. Indeed, there was a time when Winston Churchill wanted to write the word ‘insure' on every front door in the land. We used to go to the people - but now we expect the people to come to us. We add new options, place some adverts, cut the price a bit more, add new options, repeat to fade… But in a world which makes increasing demands on clients'...
LV= has signed up to Synaptic's Multi-Benefit quoting service, enabling advisers to compare its multi-benefit and single benefit products and share the most suitable protection product with its clients.
Shepherds Friendly paid 97% of income protection claims during 2016.
The Association of Medical Insurers and Intermediaries (AMII)'s petition to scrap Insurance Premium Tax (IPT) on health insurance has been postponed due to the forthcoming 'snap' General Election.
Aetna International has launched a redesigned secure member portal, Health Hub, which offers members a one-stop-shop to manage different aspects of their health online.