CIC represents 23% of all claims and income protection accounts for 12%, according to figures from ABI and GRiD
'Record-breaking' £5bn in total pay-outs for protection industry last year and £1.6bn paid out for group risk, according to ABI and GRiD
Lack of workplace initiatives and no group protection both reasons for higher than above average employee sickness
It is a legal requirement to ensure all employees are supported equally and utilising employee benefits is a recommended way to do so, GRiD has advised
Employee benefits adviser signs up to Group Risk Development trade body
He replaces Lee Lovett, CEO of Ellipse, who stepped down in December.
This January, one in five people are looking for a new job, with almost half of them seeking better offers elsewhere. More effective communication of group risk benefits would help recruit and retain staff, research by GRiD has revealed.
Group Risk Development (GRiD) has made two senior appointments to its board of directors.
The Association of British Insurers (ABI) and Group Risk Development (GRiD) have published claims figures for the whole protection insurance industry showing that insurers paid £5bn overall to customers last year.
Stress and mental ill health remain one of the major causes of long-term absence for businesses but there have been improvements compared to last year, according to research from Group Risk Development (GRiD).