Group CIC

The group risk industry paid a record £1.76bn amount in claims during 2019. New data published by Group Risk Development (Grid) showed that the total claims paid in 2019 rose by £75m...

Unum is giving free access to its digital Help@hand health and wellbeing service during Coronavirus to firms with less than 100 employees. Between 1st May and 31st July, 2020 small firms that have a...

The insurance industry needs to communicate clearly that a Covid-19 diagnosis won’t result in a claim under a group — or individual — critical illness policy, said speakers at an emergency Corporate...

Furloughed workers will generally be considered to be employed under their prior terms of employment for group risk purposes, but the fine detail of precisely how payouts will work is yet to...

The Coronavirus pandemic is exactly the kind of situation that reinforces the value of group protection and the importance of using a quality, strong insurer with beneficial terms and conditions. As an...

A third of employers are failing to offer support for the physical wellbeing of staff, according to new industry research from Group Risk Development (Grid).  The trade body pointed out such support...

Group life policies and other pure protection arrangements are to be exempted from anti-money laundering obligations under proposals published by HMRC today. Both excepted and registered trusts are to be exempted from...

A new digital employee benefits broker has launched targeting the small business market.  Hooray Health & Protection claims to offer more cost-effective ways for SMEs to buy group risk and health insurance,...

In total more two-fifths (43 per cent) of businesses had employees absent for at least four weeks due to ill-health over the last two years, according to research from the British Chambers...

Take-up of support services offered by group risk providers has historically been very low, meaning that both employers and employees are missing out on many of these benefits these insurance products can...