Protection

BUPA's decision to withdraw from the pre-funded long term care (LTC) market has further reduced the size of the already dwindling sector. Does the market still have a future?

Controversial findings of a Norwich Union survey suggest insurance brokers comfortable with technology would not be sad to see a thinning of the ranks of intermediaries who are less used to IT in business.

Intermediaries seeking guarantees of getting FSA authorisation in time to carry on regulated insurance business as of 14 January next year have just two more weeks to file their applications, says Norwich Union.

Bridging the gap between life cover required and life cover actually in place on both the individual and corporate level will be hugely difficult, according to findings of research into the issue published by Swiss Re.

Problems of price and accessibility in the PI cover market will persist because of underlying factors such as market rebalancing by reinsurers in the wake of 9/11, increasing regulatory demands, and issues of "moral hazard" according to consultants to...

Relative stability in the guaranteed critical illness insurance market may only be 'a blip' as coming regulation and product development are likely to shift the market again, warns LifeSearch.

With the squeeze on costs that the Sandler world has bought to the financial services industry, technology provides a necessary opportunity that is shaping the protection market, Keily Poole from Friends Provident finds out how:

Another 950 positions are going from Norwich Union after the latest announcement of compulsory redundancies and outsourced IT projects was announced today.

The UK's singles population represents a potentially huge business opportunity for IFAs struggling with depolarisation as most have not bothered to sort themselves out with relevant illness or income protection, says Zurich Financial Services.

Only one in three people in the UK say they trust financial advisers the most when seeking financial advice, reveals a study by LifeSearch.