UK firms are already starting to see a change in their workforce demographics, prompting fears that ageing workforce health issues will affect their company, Aviva's annual Health of the Workplace report has found.
Aviva has said up to 800 jobs at its UK business are under threat as it continues to drive through cost-cutting measures.
Building a simple income replacement product as outlined in the recent Review of Simple Financial Products may not be entirely possible, Aviva has said.
Aviva is piloting Subject Access Requests to explore the benefits of obtaining customer's full medical reports for underwriting.
Aviva has swooped to appoint a new head of fraud for underwriting, pricing and product to boost front-end fraud detection.
Aviva has been hit with a rating downgrade by Standard & Poor's (S&P) amid concerns its strategic plan will create "significant risks and costs".
UK businesses are being hindered by lack effective sickness absence management and group cover, Aviva has reported.
The environment income protection is sold into is changing fast. Lee Lovett sees promising signs this could be the start of the time when IP cover comes of age
Insurer Aviva recorded a loss after tax of more than £680m in the first half of the year, after writing down some £870m of goodwill at its US business.
A large majority of employers feel ill-equipped to help staff return to work after illness while a significant minority are calling for auto-enrolment into group risk schemes, new research finds.