Insurer

Royal London, owner of Bright Grey, said disruption caused by its takeover of Scottish Provident three years ago had hit service levels following criticism from advisers.

Friends Life has revealed it is developing a simple protection product to target new distribution methods.

Bright Grey and Scottish Provident have reported steep falls in new protection business over the first half of the year.

LV= is to continue sponsorship of the LV= Cup competition for a further four years.

LV= has revealed its protection new business increased 16% over the first six months of the year compared with the same period of 2010.

Insurance and pension brands fare the worst in financial services, research from brand agency Uffindell has found.

Aviva's leap up the blue-chip index has ignited further market speculation that at least two insurers could be mulling over a possible approach worth 575p a share valuing the insurer at £14.8bn.

Friends Life has announced its senior protection management team which will control the single protection proposition to be launched later this year.

The majority of brokers feel penalties for insurance fraud should be higher and have called for a central database of fraudsters, research has found.

Steve Payne has been announced as managing director for Friends Life's protection business.