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declined claims

Individual Protection

Majority of consumers unaware of claims statistics

Over three quarters (77%) of consumers are unaware of claims statistics being published while 32% said claim rates had been discussed with them by their adviser.

clock 27 April 2015 •

Income Protection

Exeter Family Friendly pays 94% of IP claims

Exeter Family Friendly paid 94% of income protection (IP) claims for 2014 with 36% of claims coming from injuries and accidents.

clock 22 April 2015 •

PMI

Universal Provident reveals declined PMI claim statistics

Universal Provident has revealed a breakdown of its declined private medical insurance (PMI) claims statistics for 2014, with two reasons each accounting for 16% of rejections.

clock 10 April 2015 •

Insurer

Aviva increases claim payouts by £8m

Aviva paid out £513m on claims in 2014, an increase on the 2013 figure of £505m as it released its annual claims statistics.

clock 16 March 2015 • 1 min read

Adviser / Broking

F&TRC adds more claims data

Collective claims data to the end of 2013 has now been added to the Finance & Technology Research Centre (F&TRC)'s research platform.

clock 02 March 2015 • 1 min read

Insurer

Claims stats alone do not 'mean very much' - Cirencester CEO

The CEO of Cirencester Friendly has said that a statistic of claims paid on its own ‘doesn't mean very much'.

clock 16 February 2015 •

Insurer

The Syndicate questions claims statistics' usefulness

Members of The Syndicate questioned the usefulness of claims statistics from insurers at the launch of its annual report.

clock 11 February 2015 •

Underwriting

A warning from Uncle Sam on claims

Non-contestability of claims is, on the surface, a way to rebuild consumer confidence in insurers. However, as Simon Havinden notes, lessons from the US suggest otherwise

clock 02 October 2014 • 5 min read

Income Protection

Opinion: Will the real STIP please stand up

As the ABI examines publishing claim statistics on short-term income protection (STIP) policies, British Friendly's Mark Myers says we need greater clarity on these plans.

clock 30 September 2014 •

Income Protection

Cirencester Friendly pays out 94% of IP claims

Cirencester Friendly has revealed it paid out 94% of claims in 2013 maintaining the same pay out rate as 2012.

clock 10 March 2014 •
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