GRID

Group critical illness is experiencing a positive period of steady growth. Fiona Murphy takes a closer look at the market.

I am a group risk consultant. GRID has published industry claim statistics that show the types and amounts of claim, as well as showing group risk claim payout rates for the first time. Can I use these with my corporate clients? If so, how, and what kind...

While 41% of employees expect to rely on savings if forced out of work due to illness or injury, with the average household savings at only £20 a month (ONS Family Spending 2013), this is less than realistic, Group Risk Development (GRiD) has warned....

The Group Risk industry has published its claim paid rates for the first time revealing 99.6% of claims paid on group life, 82% on group income protection and 81% on group critical illness.

Almost half (45%) of UK employers considered stress and mental illness a major cause of long-term employee absence; according to research.

The group risk industry has applauded the latest Swiss Re Group Watch 2014 report, which it said ‘demonstrates the market's continued efforts to promote and deliver these highly valued employer-sponsored protection benefits to a greater proportion of...

More than a third (34%) of firms have seen absence rates improve over the last 12 months, echoing recent ONS Labour Market statistics showing sick days down by 47 million since 1993.

Two-fifths of employees would be willing to give up a pay rise in order to receive employer sponsored protection insurances as part of their benefits package, latest research reveals.

A total of £1.2bn worth of group risk claims were paid out during 2012, helping over 23,000 UK families to avoid financial distress, research finds.

More than half(52%)of employers would be supportive of auto-enrolling employees into group risk protection products, latest research finds.