Some 87% of protection industry experts surveyed agreed that the 'claim is our core product, not the policy', according to a poll from the Protection Review.
Speaking at the 2017 LifeSearch awards held in March, Tom Baigrie, chief executive of LifeSearch had urged the protection industry to have a rethink about the significance and perception of claims. The remainder of those polled disagreed (8%) or said they were undecided (5%.) The Protection Review surveyed 291 people from across the industry including advisers, insurers and reinsurers. In his speech, Baigrie had argued that the object of paying more claims would drive industry growth...
Jack Wild gives his take on the protection market as a 'new modern adviser.'
Medicash has provided financial support to The Hive Zone to enable the youth group to offer free membership and free meals across the school holidays.
Zurich, in collaboration with the Smith School of Enterprise and the Environment at the University of Oxford, has published the UK recommendations from its report, 'Embracing the income protection gaps challenge: options and solutions'.
The UK market for private medical cover flatlined in 2016 with 4.02 million policies covering 6.89 million lives in 2016, some 10.5% of the population, LaingBuisson has published.