Financial technology business IRESS saw a record-breaking month for protection new business in November, with 59,000 applications filled out compared with 49,000 12 months ago.
November represented a further increase in protection new business applications from a record-breaking October, which saw 55,000 applications filled out. From January to November, IRESS recorded more than half a million (565,000) protection new business applications, compared with 508,000 during the same period in 2016, representing an increase of just over 10%. Multi benefit products saw the sharpest increase from November 2016 to November 2017, with an increase of 57% in new business applications....
Group life, critical illness and income protection business bought from Munich Re
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