Time to tackle the drop-offs

clock

Having just been short-listed for six awards this month we're feeling quite chirpy at LifeSearch at the moment.

With the ASDA tie-up going well and a number of positive aspects included in the FSA’s recent ICOB review taking our favour it’s been a good year so far. But, in typical LifeSearch style, the chirpiness doesn’t last for long and we soon focus on the next thing to get better at. Recently, the focus is once more on what we call ‘drop-offs’. Such things have no relation to taking the kids to school and do trust me when I say that any school boy humour is also absent! Drop-offs are what the rest of the industry refers to as NTU’s (not taken up) or NPW’s (not proceeded with). They are those...

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 Protection

Listen and learn: Protection must change how it communicates

Listen and learn: Protection must change how it communicates

'Maybe it's time we start to make fewer assumptions'

Kevin Carr and Alan Lakey
clock 30 April 2024 • 4 min read
Cognitive biases in advice and the psychology of insurance

Cognitive biases in advice and the psychology of insurance

A look into client decision making and its effects on protection uptake

Jaskeet Briah
clock 25 April 2024 • 5 min read
Aviva completes £460m acquisition of AIG Life after CMA delay

Aviva completes £460m acquisition of AIG Life after CMA delay

'It's disappointing to lose another protection insurer from the market'

Cameron Roberts
clock 10 April 2024 • 2 min read