Insurers welcome planned changes to statutory sick pay
The Labour government has announced plans to change sick pay rules, to ensure the UK's lowest paid workers receive up to 80 per cent of their weekly salary from their first day...
Group Risk
79pc increase in use of digital health services: L&G
L&G Group Protection has seen a 79 per cent increase in usage of its digital health services over the past year. This figure — contained its third chief medical officer report —...
L&G’s Onix sees ‘record-breaking’ increases in applications and renewals
L&G Group Protection's platform, Onix, has seen significant growth with application volumes increasing by 92 per cent, renewals jumping by 99 per cent, and new group income protection business growing by 85...
Aon appoints new chief commercial officer for global benefits
Aon has appointed Matt Duffy to the newly created role of chief commercial officer for global benefits. Based in the UK, Duffy will report to Aon’s head of global benefits, Michael Pedel,...
Group risk: can added value services cope with increased demand?
Group risk products now offer a range of added-value features that are increasingly being used by policyholders. Many are virtual healthcare services, initially introduced during the Covid lockdown, but now aimed at...
2024 review of the protection, healthcare and wellbeing sector
It has been another busy year for the group risk, health insurance and wellbeing sectors, particularly with renewed focus on productivity issues caused by long-term ill-health in the workplace. The new Labour...
Underwriting overhaul
With their generous free cover limits and largely rules-based methodology, group risk providers have significantly lagged their group private medical insurance (PMI) counterparts in usage of technology during the underwriting process. Although...
Majority of employers want better understanding of health profile of staff
Nine out of 10 employers want a better understanding of the risk profile of the health and wellbeing of their employees, according to new research. The study by Towergate Employee Benefits found...
Eight out of 10 SMEs looking to revamp employee benefits
Almost eight out of 10 (77 per cent) of SMEs are planning to revamp their employee benefits packages in a bid to win and retain talent and address growing problems around employee...
Canada Life strengthens board with two senior appointments
Canada Life has made two senior non-executives appointments to its board as it looks to transform and modernise its UK business. It has appointed Andy Parsons as an independent non-executive director. Parsons...
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