MorganAsh cyber attack: L&G to underwrite lifetime annuities directly

During investigation

Adam Saville
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MorganAsh cyber attack: L&G to underwrite lifetime annuities directly

Insurer has replaced MorganAsh service with ‘suitable interim alternative’ following cyber attack

Yesterday our sister publication Professional Adviser reported that Legal & General has suspended its relationship with MorganAsh after a cyber incident at the firm risked exposing client's medical data. MorganAsh said that "no customer data was lost as a result of the incident, nor was there a data breach of any customer data", however a precautionary investigation is ongoing. The insurer told COVER that referral to MorganAsh for a medically underwritten lifetime annuity only takes place for...

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