Getting claims right for customers (and the regulator)

Provider's first claims report

clock • 4 min read

Phil Deacon, head of claims, Guardian, discusses the provider’s approach to its first claims report.

The treatment of people when they're making a protection claim is getting an almost unprecedented amount of attention from the regulator. Consumer Duty and the related focus on vulnerable consumers clearly underpins a lot of the FCA's thinking on these matters. In practical terms, and as we can see from the recent terminal illness market study, this means the regulator is concerned about the time being taken to pay claims and the treatment of customers during the claims process. Indeed, protection advisers are likely to welcome this focus on claims experience. There is very little in wha...

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

Chesnara closes HSBC Life UK to new protection business

Chesnara closes HSBC Life UK to new protection business

Chesnara's £260m acquisition complete

Jaskeet Briah
clock 02 February 2026 • 3 min read
L&G joins the ABI

L&G joins the ABI

Protection and long-term savings

Cameron Roberts
clock 30 January 2026 • 1 min read
Scottish Widows sees adviser applications double in 2025

Scottish Widows sees adviser applications double in 2025

Underlying profit up 50% to £330m

Jaskeet Briah
clock 29 January 2026 • 2 min read