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Unum new business soars

Income protection specialists Unum has announced a 77 per cent leap in new business figures for the first six months of 1999 compared to the same period last year.


Unum says its total new business jumped to £16.6m from £9.5m the previous year.


The firms IFA group business soared by 123 per cent to £11.4m from £5.1m the previous year, while IFA individual business grew 40 per cent to £0.7m from £0.5m for the same period last year.


The biggest growth sector for the firm was through its third party labelled business where tie-ins with HSBC bank among others saw its private label business jump 194 per cent to £2.2m from £0.7m in 1998.

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