Bupa Group Risk is to remove the need for customers to be re-underwritten when they switch providers...
Bupa Group Risk is to remove the need for customers to be re-underwritten when they switch providers. Previously, for highly-paid members, an insurer would often underwrite a higher amount than the client required to avoid re-underwriting in the following years. Switching to another provider often means clients receive worse terms. Bupa will take on anyone accepted on normal terms by their previous insurer and offer the same forward underwriting entitlement as would have applied had Bupa done the initial underwriting. An example given by Bupa was that of a scheme member switching to Bup...
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