The Association of Medical Insurers and Intermediaries (AMII)'s petition against Insurance Premium Tax has gone live.
The association announced the launch of a petition against rises in IPT at its recent AGM. IPT is now at 12%, one of the highest rates in Europe, on general insurance including private medical insurance premiums. Stuart Scullion, chairman of AMII, urged: "If we do not stand up and make our voice heard, there is a worry that the government will continue to increase IPT, and this could have a potentially catastrophic impact on industry. "I'm concerned that if we don't speak up now, IPT...
Zurich has launched a 'selfie' app called FaceQuote which estimates how much life cover someone might need.
The official supplement of this year's COVER Excellence Awards is available to read now as an eBook.
Child cover within critical illness plans has assumed a far greater importance in recent years, writes CIExpert's Alan Lakey.
Holloway Friendly has widened its new online underwriting process allowing protection advisers to write both full and short term income protection business in minutes.