Following The Guardian's article detailing instances of people with a history of mental illness being refused life insurance, Andrew Wibberley, director of Alea Risk, looks into the ways underwriters can overcome challenges that underwriters face.
I've been involved with the underwriting of mental health cases for over 15 years. In this time I've underwritten cases day to day, programmed computer rules to assess people with mental health issues and developed guidelines with a reinsurer that many insurers apply to their customers today. First - a clear and absolute statement of fact - there is no difference in any of these processes for mental health to those for physical health. Whether or not there is exactly the same legal protection...
The Association of Medical Insurers and Intermediaries (AMII) readies annual general meeting for 14 March in Milton Keynes
New subgroup focused specifically on insurance technology and innovation in London
Slowdown linked to austerity and NHS neglect, academics argue
The Institute of Risk Management's (IRM) Internal Model Industry Forum (IMIF) has published its eighth guidance document for the insurance market