News

Around 70% of HIV Life Assurance applications are now being made in connection with a mortgage, according to medical financial advisers Unusual Risks.

Westfield Health has enhanced its health club concession benefit, giving policyholders more choice when choosing gym membership.

Following Treasury Select Committee member Andrew Love, calling for Government action on an increasing protection gap in the mortgage sector, protection provider British Money has begun lobbying for an auto-enrolment solution.

Canada Life Group Insurance has re-launched its ‘Canada Life Automated Self Service' (CLASS) in order to improve the user experience.

Jelf has reported a 14.6% increase in revenue for its insurance business to £26.8m (2013: £23.4m) for the six months ending 31 March 2014.

The Financial Conduct Authority (FCA) is considering ways it can make it clearer to consumers when they are buying products on a non-advised basis online, as more web-based advice solutions are developed.

Barclays will cut 19,000 jobs across the business by the end of 2016 - 14,000 of which will be lost this year - as part of what chief executive Antony Jenkins said was a "bold simplification" of the bank's structure.

The group saw a €400m drop in revenue.

Deaths from potentially avoidable causes accounted for 23% of all deaths registered in England and Wales in 2012, the Office of National Statistics has found.

Both providers and intermediaries are expecting the insurance sector to grow significantly over the next three to five years, with the life/critical illness and health products leading the way.