Quarter of all GIP claims now for mental health issues: L&G
Legal & General has confirmed it paid out £292m in group protection claims in 2018. These latest figures show that mental health issues continue to be the main reason for group income...
Rehab
Grid claims stats: 5,595 people returned to work
The group risk industry paid out a new high of £1.68bn in claims in 2018, a £64.5m increase on 2017, and helped 5,595 people back to work after a period of sick...
Care first joins group risk trade body
Employee Assistance Programme provider Care first has joined the industry body Group Risk Development (Grid). With EAPs increasingly becoming an integral part of group risk products, Care first says it is looking...
Employers lack sickness absence management expertise – research
More than a fifth of British businesses say they lack the expertise to to manage sickness absence effectively, with the proportion even higher for smaller employers. YouGov research published by insurer Zurich conducted...
Poor employee benefits causing SMEs to ‘lose talent’
SMEs are struggling to attract and retain staff, according to new research from MetLife UK. Bosses companies employing between 50 and 300 staff say attracting talent is a bigger challenge than growing...
Group risk roundtable: Future benefits
Structural changes in the workplace, technological innovation, providers’ direct strategies and increased consolidation all mean group risk products must develop to thrive in the market of the future, said delegates at a Corporate Adviser round table in London...
Christine Husbands: Conflicts of interest with added-value services
So called ‘added-value services’ have grown in popularity with protection insurers in recent years. We were the first company to partner with an insurer in offering one. Insurers keen to differentiate loyalty and build trust...
Tobin Murphy-Coles: Selling health data by the pound
You may not know it but your personal health could about to be up for sale. CoverUS, a start-up based in the USA announced significant investment and has entered the market with...
Demonstrating ROI on early intervention in workplace health
Group risk insurers have been talking generically about early intervention for years - but now they are increasingly doing so in terms of the return on investment such approaches can bring. Premier Choice...
Group risk training academy launched by Grid
Open to both intermediaries and providers, the academy will launch with two workshops. Areas covered include understanding the market, products and added-value benefits, taxation, legislation and underwriting. The first workshop is in...
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