Paid life claims reached 99% and mental health most common reason for IP pay-out
Previously she was managing director of global risk solutions, UK & international, for RSA
He will be the new head of sales account management for corporate risk business
Zurich's Peter Hamilton discusses how insurers and advisers can broach difficult conversations around ageing.
A new report from Zurich has revealed some worrying numbers on the extent of the income protection gap in both the UK and around the world. Gary Shaughnessy takes a closer look at some of the findings
Zurich achieved a 97% pay-out rate overall on critical illness, income protection and life insurance policies over the first six months of 2017 - paying out £121.6m to almost 2,000 customers.
Zurich has provided over 700,000 annual protection statements to customers since 2007.
Life and general insurance arms combined
Zurich has reported a 20% increase in applications for critical illness policies during the first 9 months of 2016, with over 30,000 new policies sold during this period.
Scottish Widows has introduced electronic General Practitioner (GP) reports into its protection policy underwriting process to make it simpler and quicker to obtain customers' medical information from their GP practice.
There is 'high untapped demand' for income protection cover, according to research from Zurich exclusively shared with COVER.
Zurich UK Life has reported a 15% increase in its operating profit compared to the same time last year, according to its half year results for 2016.
Only one in five 5 UK respondents to a global survey have income protection cover in the event of becoming too ill or disabled to work, according to research from Zurich.
CIExpert has revealed that Zurich has refreshed its critical illness plans- adding three 100% conditions twenty additional payment conditions.
Zurich Insurance Group has begun a process to bring its life and non-life insurance business closer together with a restructure of its senior management and businesses globally.
Openwork and Zurich have signed an agreement that will see the insurer divest its 25% shareholding in the network within the next four years.
Zurich UK Life has announced the appointment of Helen Pickford as chief financial officer (CFO).
Fiona Murphy finds a ‘vibrant' and ‘growing' whole-of-life market compared with its term assurance sister
Zurich has revealed that it paid out over £212.5m in claims over 2,500 retail protection customers and their families during 2015, an increase from 11% from £191m in 2014.
The chief executive of Zurich's UK Life division, Gary Shaughnessy, has been promoted to head the division globally.
Zurich's Richard Sadler looks at how technical innovations are affecting the way in which people buy protection products.
Zurich has confirmed proposals to cut up to 440 jobs in its UK general insurance business as part of a programme to reduce costs in the organisation and simplify its operating structure.
Zurich has withdrawn its £5.6bn bid for rival firm RSA group after suffering losses in its general insurance business.
Zurich's Richard Moodey has urged brokers to ‘step up' and sell more income protection (IP) policies as the Mortgage Market Review has caused dwindling competition within the adviser community.