mutuals

Mutuals must emphasise how they differ from the competition particularly when they face pricing pressures, an insurance broker has urged.

Income protection provider PG Mutual has reported a ‘record increase' in new business for 2013, as the mutual sector has experienced growth during the recession.

Surveys suggest only around 1 in 10 UK employees have income protection insurance, yet as Which? says ‘The one protection policy every working adult in the UK should consider is the very one most of us don't have - income protection'.

Cirencester Friendly has called for an industry standard for income protection claims statistics to be provided after publishing its annual claims statistics.

The Defaqto star ratings system has been called into question by industry experts following publication of its 2013 income protection (IP) products ranking.

Advisers offering protection advice are in a "very small" minority, according to PG Mutual.

Protection provider PG Mutual has announced a partnership with Medical Insurance Agency (MIA), part of Skipton Financial Services (SFS), to offer members access to financial advice.

PG Mutual Friendly Society has unveiled a new advertising campaign emphasising the need for people to think about their position should they become incapacitated.

Smaller mutual societies could disappear due to the increasing burden of regulatory costs, Exeter Family Friendly has warned.

Cirencester friendly's income protection (IP) product has been added to Intrinsic's protection panel.