National Friendly gross APE up 40% in 2025

Income protection APE up 340%

Jaskeet Briah
clock • 2 min read

Provider, National Friendly, has reported that its gross annual premium equivalent (APE) written in 2025 increased by 40% year-on-year.

Specifically, National Friendly recorded £14 million of regular premium business written and £31m of single premium business. Its income protection offering saw a 340% year-on-year increase to £7.5m of annual premium last year, of which the provider said its Friendly Shield product was a "strong contribution". Last year, the provider recorded a 30% increase in active advisers engaging with its proposition, alongside annualised growth and engagement in the networks market segment. National Friendly said this was due the strengthening of its presence in the intermediary market during...

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 Insurer

L&G simplifies life and CI policy documents

L&G simplifies life and CI policy documents

Retail protection updates

Cameron Roberts
clock 13 February 2026 • 1 min read
Dentists' Provident paid out £4.5m in 2025

Dentists' Provident paid out £4.5m in 2025

98.5% of new claims paid

Jaskeet Briah
clock 10 February 2026 • 2 min read
CIExpert adds Royal London to Income Protection Insight Zone

CIExpert adds Royal London to Income Protection Insight Zone

"Significant growth" in Insight Zones usage

Jaskeet Briah
clock 10 February 2026 • 2 min read