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News

Marketing

Lack of customer engagement leads to policy lapses - Research

The perceived value of a protection policy drops after its sale and is leading to lapsed policies, The Syndicate has said.

clock 03 February 2014 •

Income Protection

Unum: Social media is 'key to success'

Unum says insurers and brokers should embrace social media to 'stay successful in the digital age'.

clock 03 February 2014 •

Insurer

One in seven paid claims arise from deliberate non-disclosure

Munich Re estimates one in seven claims are paid in respect of someone deliberately failing to disclose relevant medical or lifestyle facts on application, mostly so significant that the application should have been rejected.

clock 03 February 2014 •

Income Protection

Aviva: Half of protection customers 'never' review their policies

More than half of consumers who have bought protection insurance (53%) have 'never reviewed' their protection needs, the latest Aviva research has found.

clock 03 February 2014 •

Critical Illness

'Don't assume you're past it' - breast cancer campaign warns

One in 3 women diagnosed with breast cancer in England each year are aged 70 or over, a Public Health England campaign has warned.

clock 03 February 2014 •

Critical Illness

CIExpert upgrades services

CIExpert has upgraded its functionality and added a number of enhancements to make it easier for advisers to compare Critical Illness (CI) policies.

clock 03 February 2014 •

Critical Illness

Friends Life raises £140,000 for Macmillan

Friends Life has raised £140,000 for the Lister Macmillan Cancer Centre which will go towards initiatives including a welfare benefits advice service.

clock 03 February 2014 •

Income Protection

LV= reveals decrease in protection premiums

LV= has seen a slight decrease in its protection business over the last year but says sales have been 'resilient' amid ‘adverse market conditions'.

clock 03 February 2014 •

Regulation

Lloyds Banking group PPI bill rises by another £1.8bn

Lloyds Banking Group says it is increasing its provision for the mis-selling of payment protection insurance (PPI) by another £1.8bn, bringing the total to nearly £10bn.

clock 03 February 2014 •

Group Protection

Canada Life expands GIP Early Intervention service

Canada Life Group Insurance has expanded its Group Income Protection (GIP) Early Intervention Service (EIS) to cover over 320,000 additional employees.

clock 03 February 2014 •
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