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).
Chancellor George Osborne has announced changes to the benefits system, including lowering the cap on benefits and changes to the Employment and Support Allowance.
A fifth of employers want the next government to do more to support staff wellbeing, research from Group Risk Development (GRiD) has found.
The Financial Inclusion Commission (FIC) has called for a minister for financial health to lead on financial inclusion and capability.
Sickness absence rates have decreased for 40% of employers in the last 12 months, a survey for Group Risk Development (GRiD) has found.
Group Risk Development (GRiD) has appointed Lee Lovett as the new elected chair.
Group Risk Development (GRiD) has warned that ‘national sickie day' can be the start of longer term problems for some employees.
Group life assurance is offered by 36% of employers a survey by Group Risk Development (GRiD) has found.
Obesity, work/life balance and presenteeism are among the health and wellbeing concerns of employers, research for Group Risk Development (GRiD) has revealed.
Figures from the group risk industry have welcomed the launch of the government's flagship Fit for Work service which provides a basic set of back-to-work services for employers to tackle absenteeism.
The UK 'protection gap"'is well documented but family lending is reportedly helping Britons to plug the gap in household finances to the tune of £31 billion. GRiD's Katharine Moxham ponders the role of employers in financial education.
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.