News

Millions of people and businesses will be hit with increased insurance bills as the Government's increase in Insurance Premium Tax (IPT) takes effect from today (1 June 2017).

Old Mutual Wealth's protection business paid 100% of life claims for the seventh year in a row.

VitalityLife is incentivising take-up of the indexation option on all protection policies as concern about inflation continues to grow.

Royal London paid 97.3% of claims totalling over £331m during 2016, according to the insurer's published claims statistics.

AIG Life has simplified the pricing and name for its current Low Start proposition following intermediary feedback in a bid to make it easier for customers to understand.

National Friendly has launched two updated health insurance policies.

Generali Global Health has launched Global Choice in Spain for employers with globally mobile employees.

Zurich has provided over 700,000 annual protection statements to customers since 2007.

Wayne Pontin has joined Lancashire based health insurance intermediary Nugent Santé as their non-executive chairman.

Margins remain 'thin'