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Group Risk
Pressure rising
Group risk rates are hardening for a number of reasons. Can the industry take these increases in its stride? Edmund Tirbutt reports
Dip in the pool?
International pooling should pay dividends to companies with overseas operations. Edmund Tirbutt asks why more advisers aren’t dipping their toe in the water
Early mover advantage
Making early intervention a reality is all about engaging the managers. Edmund Tirbutt discovers advisers are finding this a hard nut to crack
Catalyst for a review
The jury is out as to whether employers will trim risk benefits to make way for pension auto-enrolment. But either way, the employer’s staging date is a perfect opportunity for a comprehensive scheme review, Edmund Tirbutt reports
Unum introduces 'foundation level' income protection offering
Unum is introducing a new foundation level of income protection cover, designed to support the nine out of ten UK employees who do not currently have a financial back-up plan in place against long term illness or injury.
Risks for irresponsible employees
Are employers forgetting their responsibilities and ignoring the help group income protection cover can provide, asks Paul Avis, sales and marketing director at Canada Life Group Insurance
Longevity looming
An ageing working population will change both the types of claim that are made and the way employees want to be covered says Edmund Tirbutt
Shaping up for the shake up
The group risk market is getting in shape in time for auto-enrolment says Carlos Correia senior consultant, risk benefit consulting, at LCP
Upsell opportunity
Voluntary benefits are being touted as a way to grow the group risk market. Edmund Tirbutt sees most potential where there is at least some employer contribution
Sick of waiting for a better system
The Frost/Black review of sickness absence should be a platform for radical changes with early intervention a priority says Katharine Moxham, spokesperson for Group Risk Development
Template for growth
Will Grid’s new industry-wide service standards and quotation templates commoditise the sector? Edmund Tirbutt investigates
After the DRA storm
Questions around age discrimination persist despite the Default Retirement Age exemption says Edmund Tirbutt
Grid service standards charter and new business templates set for September launch
Grid’s service standards charter and new business templates are to be launched on its website in September.
Onwards and upwards
Cross- and up-selling group risk to people already on technology platforms is the next step in growing the market says Paul Avis, sales and marketing director of Canada Life Group Insurance
A double edged sword
Auto-enrolment presents opportunities and threats to the group risk sector. But which are the greater, asks Edmund Tirbutt
Light at the end of the tunnel
The evidence shows that the group risk market is holding up well, despite the difficult economic conditions, says Ron Wheatcroft, senior technical manager, Swiss Re
Decline in group risk business slows significantly - Group Watch
The decline in group risk premiums slowed significantly last year, and death benefit and critical illness sums assured increased by over 7 per cent, according Swiss Re’s latest Group Watch report.
Striking a balance
The employer/employee relationship is evolving. Both income protection products and employment law need to change to reflect that, says Edmund Tirbutt
Commercial solution
Pulling demand through from the end consumer is the way to grow the group risk market, said delegates at last month’s Welfare Reform and Group Risk round table. But should there also be a rebalancing away from life to income protection, asks Edmund Tirbutt








