Direct Life has launched Quote+, which it has described as ‘the most significant advance' in pre-screening underwriting criteria, with the potential for a 10% increase in completed term insurance business for advisers.
Protection intermediaries have warned underwriting processes are 'worse' than motor or home insurance applications and welcomed new technology; a new survey from UnderwriteMe has revealed.
UK insurance companies are either failing to capitalise on the customer data they hold or adequately capture it in the first place.
Legal & General has published its retail protection claims data for 2012.
Holloway Friendly income protection claims statistics have shown 96% of all claims in 2012 were paid out.
Proposed changes to EU regulation and clinical research risks are top concerns for clinical experts and insurers, Allianz has reported.
There has been no change or bias in the proportion of protection sales so far in the run up to gender neutralisation, an underwriting firm has reported.
With the Consumer Insurance act coming into force in March 2013, advisers should ensure their medical assessment approach is compliant and defensible, Morgan Ash has warned.
Capita is improving the guidance of its distribution business strategy.
Ageas Protect has promised to support customers whose applications cannot be placed on risk immediately before the introduction of gender neutral pricing.