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News

Income Protection

Zurich pays 90% of IP claims

Zurich paid out nearly £14m in income protection claims, to 765 customers, in 2012.

clock 06 March 2013 •

Adviser / Broking

Sesame bid 'unlikely' - L&G

Legal & General has said the insurance group is unlikely to bid for Sesame Bankhall, widely-believed to be the largest mortgage network in the UK.

clock 06 March 2013 •

Long Term Care

Industry calls for mandatory advice in Care Bill

Just Retirement has called on government to it make compulsory in the incoming Care and Support bill, that local authorities refer care funders to regulated financial advice.

clock 05 March 2013 •

Adviser / Broking

Openwork, Sesame complaints numbers jump

Networks Openwork and Sesame saw complaints against them at the Financial Ombudsman Service (FOS) rise in the second half of last year, with Sesame receiving over 90% more claims.

clock 05 March 2013 • 1 min read

International PMI

Record IPMI year for ALC Health

International private medical insurance provider ALC Health (à la carte healthcare) has reported 40% growth on individual and 35% growth on group business gross written premiums for 2012.

clock 05 March 2013 •

PMI

Health secretary fights top five killers

The health secretary has announced plans to fight the top five causes of death.

clock 05 March 2013 •

Regulation

FOS complaints double; Lloyds ranks as worst offender

The number of complaints sent to the Financial Ombudsman Service (FOS) doubled in the last six months compared to the previous half year period, with Lloyds topping the list of shame.

clock 05 March 2013 • 2 min read

PMI

NHS PCTs increasing private healthcare spend

In their penultimate operational year Primary Care Trusts (PCT) in England increased spend on services commissioned from independent healthcare providers by 10.7%.

clock 04 March 2013 •

International PMI

InterGlobal resigns with Red24

InterGlobal has renewed its arrangement with Red24 in the international PMI market.

clock 04 March 2013 •

Regulation

FSA has ramped up insurer inspections

The number of on-site ‘ARROW' inspections of insurers by the FSA has jumped 38% over the year, with 47 visits in 2012 to (to September 30) compared to 24 for 2011, according to law firm Reynolds Porter Chamberlain LLP (RPC).

clock 04 March 2013 •
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