Group risk industry pays out over £2bn for 2020 claims

Record claims total

John Brazier
clock • 3 min read
Group risk industry pays out over £2bn for 2020 claims

GRiD stats shows industry paid £2.01bn in claims in 2020, the equivalent of £5.5m a day

As many as 4,476 people were helped back to work by group risk insurers after a period of sick leave in 2020, data from Group Risk Development (GRiD) has revealed. A total of £2.01bn was paid out to thousands of UK employees and families (28,733) in group risk claims last year, an increase of £ 255.7m from last year's figure. There was a total of 138,222 interactions with additional help and support services through group risk policies during 2020, almost double the number recorded in 2019,...

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