PruProtect doubles new business

clock

PruProtect has revealed its new business grew by 98% to £10.9m (APE) in the first half of 2010.

This was up from £5.5m during the same period last year. It now holds 36,469 policies in force and a further 2,928 intermediaries registered to write business with it over the six months. The provider also saw applications soar to 25,269 from 10,910 in the same period last year, while its new hybrid critical illness and private medical insurance Health Cover product received 4,370 quotes in its first two months. Launched in September 2007, PruProtect is a joint venture between Prudential UK and South Africa based Discovery.  

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Individual Protection

Cover Excellence Awards: Intermediary shortlists revealed

Thursday 10 October, The Brewery, London

Cover
clock 12 August 2019 • 1 min read

How the Apollo 11 crew obtained their life insurance

50th anniversary of moon landing

Adam Saville
clock 19 July 2019 • 1 min read

CII chief issues call for Insuring Women's Futures ambassadors

‘Talk to 10,000’

Adam Saville
clock 04 July 2019 • 1 min read