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News

International PMI

AIMIP elects new executive committee

The Association of International Medical Insurance Providers (AIMIP) has announced the election of its executive officers who will hold office for the next 2 years.

clock 06 March 2015 • 1 min read

Insurer

LV= donations for Seven Families

LV= will donate 77p to Seven Families for every valid Flexible Protection Plan (FPP) income protection application received.

clock 05 March 2015 • 1 min read

Adviser / Broking

UPDATED: LifeSearch to become a partnership

LifeSearch has announced it is working towards partnership status in the next five years with profits shared among staff.

clock 05 March 2015 • 2 min read

Insurer

Bupa UK underlying profit up 25%

Bupa UK has seen 25% growth in underlying profit compared to 2013, their annual results have revealed.

clock 05 March 2015 •

Individual Protection

Aviva: Friends deal will add £600m to the business in two years

Aviva has said it expects its acquisition of rival Friends Life to generate extra revenue of £600m over the next two years, including cost savings for the company of £225m.

clock 05 March 2015 • 3 min read

Business

L&G: 40% of SMEs would cease within a year of losing key employee

Legal & General has revealed that 40% of small businesses would cease trading within a year of losing a key employee or owner yet 60% do not have business protection in place.

clock 04 March 2015 •

Insurer

Madonna falls and life insurance sells - Beagle Street

Beagle Street saw its highest sales of life insurance over the last two years during the night Madonna fell from the stage at the BRIT Awards 2015.

clock 04 March 2015 •

Insurer

L&G protection premiums up 6%

Legal & General (L&G) has seen its UK protection premiums increase 6% to £1.047bn in 2014.

clock 04 March 2015 •

PMI

Health insurance and life cover gain favour among UK workers

Health insurance, life cover and childcare vouchers have increased in value among UK workers - with contributory pension schemes declining in popularity, research has found.

clock 04 March 2015 •

Individual Protection

Aegon pays 98% of life claims

Aegon has revealed it paid 98% of life claims, 95% of terminal illness claims, 93% of critical illness (CI) claims and 92% of income protection claims during 2014.

clock 03 March 2015 •
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