Protection

Former head of the RDR at the FSA Amanda Bowe has joined Aegon UK as group compliance director.

Exeter Family Friendly's Health Cover for Me private medical insurance product is now available for quoting on the Insurance Resource portal.

The Association of Medical Insurance Intermediaries (AMII) has demanded greater data transparency from insurers and medical practitioners and a distinction to be made between ‘hospital networks' and ‘treatment networks.'

Protection and medical insurance complaints are on course for a significant drop in volume during 2010/11, according to the latest statistics released by the Financial Ombudsman Service (FOS).

Advisers have expressed their shock at revelations a European Court ruling could require insurance contracts to be altered retrospectively and see some providers close to new business.

Paymentshield has announced a 10% increase in upfront commission available to brokers.

The Association of Medical Insurance Intermediaries (AMII) has branded the proposed 57% increase in 2011's Financial Services Compensation Scheme (FSCS) levy as "unfair, excessive and totally inappropriate."

Following on from the introduction of sales guidelines for critical illness, COVER's sister title Mortgage Solutions has asked the industry if advisers need increased guidance in selling protection.

Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.

The FSA will spend £100m implementing EU-wide insurance regulation Solvency II, which is "towards the low end" of original estimates but excludes "considerable" direct costs to the UK industry, FSA CEO Hector Sants says.