Major life changes may be a trigger to review protection. But, writes Adam Higgs, investor clients should also be prepared.
Used properly, big data promises a multitude of benefits. So, asks Nigel Bradshaw, what's stopping the industry from harnessing its full potential?
There is a technology that US businesses, including insurers, have adopted wholesale, but that the UK has been slow to pick up. Guy Williams explains
Existing case tracking methods for new business are inefficient and a drain of advisers' time. Kerry Nicolaides outlines some alternatives
Direct life has launched a fully comparable buy now life insurance policy, available to advisers through Direct Life's LifeQuote service and direct to the public through Confused.com.
Technology is on the cusp of delivering fundamental change to the underwriting of protection products industry experts have said.
Capita Regulatory Services has partnered with LeanApps, a standard software provider for the insurance and pensions markets.
There is overwhelming support amongst protection advisers for the introduction e-signatures to speed up underwriting of products such as life cover, critical illness and income protection.
KPMG International has released an industry paper, "How well is the life insurance industry keeping pace with rapidly changing technology?", which found it is at risk of falling behind through not embracing today's technologies.
Ageas Protect has launched its products on IRESS', The Exchange multi-benefit protection comparison service.