News

Bupa promises new products will be launched in the next six months and into 2011 as it announced a steady performance for the first half of 2010.

Positive Solutions is hosting a series of "Wealth Synergy Events" for its IFA partners across the UK.

Birmingham-based Wise Owl Services is no longer permitted to conduct insurance and mortgage activity after the FSA contacted the firm over concerns about its sales practices.

Ellipse has revealed a first look for the whole market at its automated medical underwriting process which takes underwriting forms out of advisers' hands by contacting members directly.

Canada Life Group Insurance has increased its maximum intermediary commission by 50%.

The Best Doctors service has been increased for Bupa Individual Protection income protection and critical illness plans.

Groupama Group says the Private Medical Insurance (PMI) market is seeing further evidence of some rate strengthening in the Small to Medium Enterprise (SME) area where the company is active.

Experts are bracing themselves for a "firesale" of protection products next year ahead of a rule change which could see premiums soar by 10%.

Professional indemnity (PI) insurance premiums are set to soar, due to the "unregulated" status of some of the industry and the relative ease with which a brokerage can be established, said Tenet Group.

Bright Grey says it paid 95% of critical illness (CI) claims in the first six months of the year, its strongest claims paid figures to date.