Speaking at a seminar in Madrid today, Crook set out the challenging market dynamics facing GIP providers, who have seen the cost of delivering GIP benefits go up by 15 per cent...
The headline figure for total payouts rose by £120m, to £1.6bn paid out in claims in 2017, but a change in the way group income protection figures are reported accounted for £79m...
The research found 42 per cent of employees with workplace income protection are unclear on its benefits, not knowing howlong they would receive benefit payments for should they become unable to work...
Hear key industry experts debate the big challenges facing group risk professionals, and send in your questions for the panel to answer live on air. CLICK HERE TO RECEIVE ALERTS FROM CORPORATE ADVISER...
Long-term disability income premiums stood at £724m in 2017, up 6.3 per cent on the previous year, while death-in service premiums rose to £1.3bn, an increase of 4.3 per cent. Group critical illness...
While the UK’s productivity gap is a mammoth problem, the range of tools the group risk industry brings to employers to help tackle it is wide and varied. The tools that insurers...
The Government has called on group income protection (GIP) providers to develop cheaper, simpler products before demanding financial incentives, but insurers say they already meet the criteria it has set out. The...
The group risk sector offers valuable benefits to employers and employees but should do more product development to ensure the true value of group income protection is understood by them, minister for...
The scale of the challenge facing the group risk sector’s efforts to grow into new markets has been highlighted by research showing just 9 per cent of employees say they would value...
Younger women are significantly more likely to access group income protection for mental health issues than men, with a third of women claiming earning under £20,000, Unum’s claim statistics show. The figures...
