Global insurance trends

Breeze Launches Critical Illness Product

Breeze, an Omaha-based insurtech company, announces the launch of a critical illness insurance product now available to consumers on its digital platform. This strategic move expands the company’s partnership with Assurity Life, which seeks to provide consumers with […]

Life/Health/Critical illness

Omniscience Launches Automated Life/Health Risk Toolkit

With the launch of its new OmniExtract customer intelligence solution, Omniscience makes it possible, for the first time, to make automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the […]

Life/Health/Critical illness

HSBC Survey Reveals Advisors Want More Underwriting Technology

New independent research for HSBC reveals financial advisers believe innovation leading to faster underwriting is the most important requirement in the individual protection market to help drive growth, with 50 per cent of advisers calling […]

Life/Health/Critical illness

AIG Revises CI Cover: Clear, Concise & Plain English Terms

AIG Life Limited has today unveiled a different approach to critical illness (CI) insurance, which throws out the idea that every condition it pays on needs to be listed. Offering a new standard in CI, […]

Insurance claims

LV= Pays Out £6m In Covid Related Claims

Protection specialist LV= has paid more than £6m in coronavirus-related income protection and death claims to 573 individuals and families. The stats cover the period up to the end of August. 384 Death claims paid […]

Life/Health/Critical illness

Aegon Re-Starts NHS Medical Evidence Requests on Claims

Having stopped requests for medical evidence for protection applications to reduce pressure on the NHS at the start of the coronavirus crisis, Aegon has confirmed that they will start requesting medical evidence again in the […]

Insurance Brokers

LV= Paid Out on 94% on Life/Critical & Income Protection Claims in 2019

New stats from the LV= Press Office reveal that protection specialist LV= paid record individual protection claims totalling £100 million during 2019. LV= supported more than 8,100 claimants and their families paying 94% of all […]