Holloway Friendly has called for the protection industry to agree and adopt a standard approach to publishing claims statistics.
The friendly society has published three claims paid statistics for 2016 across its income protection policies in a bid to highlight the multiple approaches used across the industry. Holloway Friendly said there are at least three methods used by the UK protection industry to publish claims statistics, all bringing "different results." The Holloway Friendly says its statistics for 2016 are as follows: ABI Method: 98% Friendly Society Method: 96% All Claims Counted Method: 90% ...
British Friendly has become the first insurer to complete the new Disability Confidence & Awareness training by Disability Rights UK (DRUK).
Old Mutual Wealth will help people meet the escalating cost of funerals by advancing payment of the sum assured up to £10,000 across several products including its Protect range.
Defaqto has released a guide for advisers, sponsored by Aegon, which provides information on business and personal protection for small business owners.
Fiona Murphy meets Tim Stoves, managing director of Canada Life Group Insurance.