Protection service issues can be solved through collaboration

Service issues a 'serious blocker to new business'

clock • 3 min read

The only way to tackle and prioritise protection service issues is to get the weight of the adviser community behind what's important, writes PDG chair, Neil McCarthy

Back in December 2022, I was part of the debate representing the views of the Protection Distributors Group (PDG) at the Protection Review trying to identify whether product, price or process was seen as the "king" of protection. Surveying PDG members across these areas received a range of responses - but what stuck out in my mind was the level of issues (interpret that as frustration, disappointment and anger) that distributors had with insurers over what should be the simple processing of new business and policy amendments, and investigation and payment of claims. It was raised as a se...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Individual Protection

Probate delays jump 65% for year-long cases

Probate delays jump 65% for year-long cases

Cases taking over six months rose 112%

Jaskeet Briah
clock 23 April 2024 • 2 min read
Six in 10 claims handlers want to develop technological skills

Six in 10 claims handlers want to develop technological skills

Sprout.ai research shows

Jaskeet Briah
clock 22 April 2024 • 3 min read
AFM members pay out £70m on IP claims in 2023

AFM members pay out £70m on IP claims in 2023

Claims for musculoskeletal continue to rise

Jaskeet Briah
clock 17 April 2024 • 2 min read