News

Despite the economic downturn, companies are more than doubling their spend on healthcare benefits, accordin to Simplyhealth.

The British Insurance Brokers' Association (BIBA) has welcomed the recent clarification by George Osborne, the Shadow Chancellor of the Exchequer, where he promised to move cautiously in dismantling the FSA.

Government-supported privatisation initiatives are the ‘Trojan Horse' that could severely undermine the NHS, Unite, the largest union in the country, has said.

Canada Life Group Insurance has announced further enhancements to the CLASS (Canada Life Automated Self Service) system, based on feedback from CLASS users.

Unum has announced the launch of a free ‘Assistance Programme' called Unum LifeWorks for all new and existing holders of its individual income protection (IP) policies.

A quicker underwriting process and increased free cover limits are two of a number of upgrades Friends Provident has made to its group income protection (GIP) offering.

Scottish Provident paid out on 93% of all claims assessments concluded between January and June 2009 (an increase of six percentage points on the first half of 2008).

A growing number of insurers are mulling introducing a mixed commission option for advisers selling their protection products.

Aviva paid out more than £140m in critical illness (CI) and life insurance claims during the first half of the year.

ASDA has announced plans to triple the number of customers covered by its over 50s life insurance plan.