Holloway Friendly issues 'transparent' claims report

Mental health claims up 71%

Adam Saville
Holloway Friendly issues 'transparent' claims report

Income protection provider paid 94% of claims in 2019 and benefits totalled £2.4m

The amount paid out last year by the mutual was £1.5m more than in 2018, which is an increase of 60%. Stuart Tragheim, Holloway's CEO said: "We are delighted to have helped 633 Members and their families in 2019. The causes of claim were consistent with our experience in 2018, being accident & injury (36%), musculoskeletal (23%), mental health (12%), surgical procedures (6%) and viral illness (5%)." In a bid to increase industry transparency, Holloway Friendly has published a claims rep...

To continue reading this article...

Join Cover

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around Covid-19, regulation, diversity and mental health.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now


Already a Cover member?


More on Whole of Life