Insurer

Smaller mutual societies could disappear due to the increasing burden of regulatory costs, Exeter Family Friendly has warned.

Provider LV= has said it hopes protection will not be made compulsory because it could leave individuals who need comprehensive cover under-insured.

The "diabolical" selling of protection back books needs to be regulated and restricted, with the new owners held accountable for the way the books are run, an industry expert says.

LV= has revealed it completed almost two thirds (61%) of all protection applications from IFAs in five days or less last year.

The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.

Last night COVER recognised the best work of those in the health insurance and protection world.

Louise Colley from Aviva picked up the Outstanding Achievement Award at last night's COVER Excellence Awards.

Aviva has reduced its not taken up (NTU) rates for protection products by a quarter over the last three years.

Insurers must continue using their online systems in to post sales care to support advisers and their client relationships, an industry working group has demanded.

The UK insurance industry is urging the FSA to push ahead with some parts of the Solvency II regime at the start of 2013, despite the fact the rest of the continent is likely to delay until 2014.