Insurer

Friends Life has said that 150 jobs are under threat of redundancy as part of an ongoing company restructure and cost-cutting plan.

The insurance industry needs to "elevate" itself in terms of professionalism, brokers claimed at the recent Broker Expo hosted by COVER's sister title Insurance Age.

Product provider Aviva is set to cut a further 120 jobs as it continues to target cost savings of £400m.

Product placement could work - Bright Grey

British insurers are expected to face the worst flood damage bills since 2007, PricewaterhouseCoopers (Pwc) has warned.

The challenge for income protection continues. The current focus for most providers is currently on the legislative issues of Solvency II, RDR and gender neutral pricing. These issues are large and distracting from product development.

The Money Advice Service (MAS) has hired Caroline Rookes as its new chief executive to succeed Tony Hobman.

A panel debate at the recent COVER Forum discussed medical disclosure application forms, with some arguing tele-underwriting was the answer while others said universal forms would beat the ever-lengthening applications. How much of a problem are existing...

Zurich will be investing significantly in technology next year as part of a strategy to serve the mass market more.

An underwriting outsourcing company will be publishing updates on the number of female and male policies sold in the run up to the gender-neutral deadline and beyond.