News

Assurant Intermediary has launched new Accident Sickness and Unemployment (ASU) products it said are an antidote to problems plaguing payment protection insurance (PPI) in recent years.

Legal & General has altered its Income Protection Benefit medical evidence limits, in a bid to improve the application process for customers.

The British Insurance Brokers Association (BIBA) is seeking intermediary evidence to support its response to the Office of Fair Trading's (OFT) review of the private healthcare market.

Leadbay Media Group has sold its assets to the Mitchell Farrar Group for an undisclosed sum and is set to relaunch its brands.

Alico has been rebranded under the MetLife name following its acquisition by the company in November.

Medicals Direct has appointed Philip Gregory as chairman as it looks to continue its global expansion.

The financial Ombudsman (FOS) is calling for a budget increase of up to £15m in 2011/12 to deal with a shift towards harder-fought cases, but says it will freeze case fees and its general annual levy for the second year running.

Fortis Life has completed its rebrand as Ageas Protect.

Private medical insurers could be heading for a full scale conflict with medical practitioners as doctors' leaders are increasingly targeting providers' fee schedules.

The Association of Financial Mutuals (AFM) has welcomed the FSA's exemption of Holloway protection products from the Retail Distribution Review (RDR) but said the ‘limited' concession does not go far enough.