Underwriting in the 21st Century

The pandemic effect

clock • 4 min read

Learnings this year are expected to accelerate change in the group protection industry, writes David Parker, head of scheme underwriting, group protection, Canada Life

This pandemic has been a testing time for everyone. The main purpose of the protection industry is to give peace of mind to our customers and everyone has been working hard to fulfil that duty. Much of that work has been a simple matter of giving reassurance and clarity when questions arise about everything from event limits to furloughed employees. Covid-19 is having a huge impact on the country, without question, but the fundamentals of group protection are in a strong position to provide the safety-net it is meant to be. That is not to say it has been plain sailing. When the world can...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • 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?

Login

More on Group Protection

The Rising Stars of Protection: Unum's Simonia Azevedo

The Rising Stars of Protection: Unum's Simonia Azevedo

“An opportunity not taken is an opportunity lost”

Jaskeet Briah
clock 25 April 2024 • 5 min read
Aviva pays out £413.8m on group protection claims in 2023

Aviva pays out £413.8m on group protection claims in 2023

Youngest insured member for life cover was aged 16

Jaskeet Briah
clock 22 April 2024 • 4 min read
Two in 10 employees have dental insurance or benefits

Two in 10 employees have dental insurance or benefits

One fifth have performed a dental procedure on themselves

Jaskeet Briah
clock 19 April 2024 • 2 min read