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RGA shuffles protection team as Mark Johnson exits UK business

23 January 2015 11:00 am | By Devraj Ray

Former UK business development manager is now overseeing RGA expansion into sub-Saharan protection market.

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NHS cuts spark fears over protection premiums rise

23 January 2015 9:30 am | By Devraj Ray

Experts warn further cuts to treatments provided by the health service could lead to rising protection premiums.

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iPipeline launches protection comparison tool for advisers

22 January 2015 11:22 am | By Devraj Ray

Software enables advisers to compare multi-benefit protection products.

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SJP adviser numbers surge as assets pass £50bn

22 January 2015 8:55 am | By Sam Brodbeck

Funds under management hit record £52bn.

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Clydesdale appoints Aegon chief as non-exec

9 January 2015 10:48 am | By Devraj Ray

Grace has previously served as chief executive of Barclays Insurance.

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London & Country expands with new City offices

7 January 2015 12:59 pm | By Devraj Ray

Mortgage and protection broker also has offices in Bath and Newcastle.

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Phil Jeynes joins UnderwriteMe

5 January 2015 11:42 am | By Devraj Ray

Former PruProtect head of account development will lead the UnderwriteMe comparison software launch.

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AIG acquires Ageas Protect in £197m deal

5 January 2015 8:58 am | By Devraj Ray

Deal was first announced in August, and has now received regulatory approval.

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US private equity firm circles Towergate

29 December 2014 10:44 am | By Devraj Ray

Towergate founder and deputy chairman Peter Cullum is understood to be putting together a rival management buyout deal.

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ABI clarifies partial payments in updated CI practice code

18 December 2014 8:24 am | By Devraj Ray

Updated practice code outlines the effect of additional and partial payments on the overall sum assured.

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Protection Review expands into retirement income market

10 December 2014 10:35 am | By Devraj Ray

New body will host its inaugural conference in February 2015.

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Ageas plans whole of life LTC plan

9 December 2014 4:33 pm | By Devraj Ray

Ageas UK is planning to launch a whole of life protection plan with an option to cover the cost of long-term care.

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Gary Duggan to step down as Paymentshield CEO

5 December 2014 12:56 pm | By Devraj Ray

Duggan joined Paymentshield as chief executive in July this year.

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Top Aviva investor slashes stake ahead of Friends deal

5 December 2014 8:53 am | By Devraj Ray

One of Aviva’s largest institutional shareholders has cut its investment by more than two-thirds.

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Scottish Widows eyes sale of offshore investment business

1 December 2014 9:37 am | By Devraj Ray

Clerical Medical International believed to have an embedded value of £200m.

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L&G restructures following John Pollock exit

28 November 2014 9:48 am | By Sam Brodbeck

Savings split into mature and digital divisions.

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PTFS to launch quality-based fee structure

20 November 2014 12:01 pm | By Samuel Dale

The network says will quality advisers will not subsidise those who under-perform.

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Lloyds and Which? moves lay bare protection advice challenges

20 November 2014 11:30 am | By Natalie Holt

As Lloyds and Which? pull back from in-house protection advice, where are the protection innovators?

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VitalityLife launches into short-term IP market

20 November 2014 10:41 am | By Tessa Norman

Provider formerly known as PruProtect has also launched LTC offering and mortgage incapacity cover. 

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Zurich to offer long-term care protection in whole of life policy

20 November 2014 9:30 am | By Samuel Dale

Zurich says it is responding to customer demand rather than Government reforms.

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Reliance Mutual launches D2C online protection plans

17 November 2014 10:13 am | By Samuel Dale

New online system will use Wonga-style online sliders to vary pricing and cover.

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Architect of critical illness cover passes away

14 November 2014 9:59 am | By Natalie Holt

Dr Marius Barnard brought the first CI product to market in 1983.

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Lloyds axes protection advice; 1,200 jobs at risk

13 November 2014 4:09 pm | By Tessa Norman

Bank will no longer offer standalone protection advice due to a ‘lack of demand’. 

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Which? scraps plan for protection advice arm

13 November 2014 1:21 pm | By Devraj Ray

Consumer champion had planned to provide protection advice to consumers using its Which? Mortgage Advice service.

Comments (7)

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Friends Life sales surge despite Budget annuities hit

11 November 2014 8:56 am | By Tom Selby

Friends Life’s UK division saw sales increase 11 per cent in the nine months to September 2014.

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Prudential sells 25% stake in PruProtect and PruHealth

10 November 2014 10:33 am | By Devraj Ray

Prudential confirms £155m sale of PruHealth and PruProtect to majority shareholder Discovery Group Europe.

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Transact and Ageas Protect launch investment-linked protection

5 November 2014 12:56 pm | By Tessa Norman

Term assurance product launched through pilot. 

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L&G individual annuity sales drop cushioned by surge in bulk deals

4 November 2014 8:50 am | By Tom Selby

The impact of the reforms has been cushioned, however, by a rapid rise in bulk annuity business during the year.

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Seven Families income protection awareness campaign launches

3 November 2014 11:39 am | By Devraj Ray

Eighteen insurance and reinsurance providers have backed the initiative which aims to raise awareness around income protection.

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Aegon UK signs up to Seven Families campaign

31 October 2014 9:41 am | By Devraj Ray

Income protection initiative set to launch next week.

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LV= sees post-Budget with-profits boost

27 October 2014 12:26 pm | By Sam Brodbeck

With-profits sales are up 62 per cent from £69m to £112m. 

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Aegon launches IHT-targeted whole of life policy

20 October 2014 9:34 am | By Devraj Ray

Policy is placed in trust at application, exempting any payout from IHT liability.

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LV= protection head Mark Jones exits

9 October 2014 3:30 pm | By Tessa Norman

Jones steps down after four years with the provider. 

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PRA to raise annuity FSCS compensation limit

7 October 2014 9:33 am | By Tom Selby

The Prudential Regulation Authority has set out plans to raise the FSCS compensation limit for annuities to 100 per cent of the fund.

Comments (1)

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Ryan Direct Group set to buy Assurant Intermediary

6 October 2014 9:47 am | By Devraj Ray

Deal expected to complete later this year.

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PruProtect eyes whole of life LTC launch

2 October 2014 2:00 pm | By Devraj Ray

Money Marketing understands PruProtect will launch the new product next month, with Ageas UK set to follow in February 2015.

Comments (2)

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Carney warns insurers he could act over capital levels

25 September 2014 3:07 pm | By Samuel Dale

Bank of England governor Mark Carney delivered a speech to the Institute and Faculty of Actuaries.

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ABI holds talks on publishing short-term IP claims stats

25 September 2014 9:30 am | By Tessa Norman

Trade body agrees to collate data with a view to possibly publishing it in future. 

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Openwork acquires MetLife protection advisers

25 September 2014 | By Michael Glenister

MetLife to focus on product manufacturing but other insurers weigh growth of direct salesforce

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Royal London appoints ex-Capita director to protection division

23 September 2014 10:20 am | By Tessa Norman

Debbie Kennedy joins provider’s intermediary protection business. 

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