Mortgage intermediaries looking to diversify into insurance are likely to find the going tough, acco...
Mortgage intermediaries looking to diversify into insurance are likely to find the going tough, according to market analysts Datamonitor Despite nearly half the UK having no protection against loss of income, health issues or death, according to Barclays Financial Planning, current market conditions and environment suggest that intermediaries will find it difficult to sell these policies. Datamonitor blamed the current inertia on "negative publicity, tightened regulation and a perception that protection policies are expendable when budgets are tight".
The news that the ABI and British Medical Association (BMA) agreement on GP report (GPR) fees has broken down will usher in a period of uncertainty.
Lack of innovation investment in the UK insurance market has been highlighted by recognition of RGA's work in the US.
Protection business in 2012 and 2013 will be affected by events this year and some fundamental changes to the way customers policies are priced into the next. Richard Verdin explains.
Employee assistance programmes are in the spotlight due to a schizophrenic approach by government. But as Sue Weir points out, they are backed by solid research.
How will people buy insurance in future? Greg Becker visits the US for developments in online distribution.