Insurance Regulation

Commentary on FCA Plans to Look at Pure Protection Distribution

Pure protection products are designed to help individuals, and/or their dependents, with existing financial commitments or lifestyle adaptations if the policyholder dies or becomes incapacitated, injured or infirm. They include term assurance, critical illness cover, […]

Insurance Regulation

Pensions Regulator Supports Plans to Transfer Private Savings into Govt Spending

In a truly astonishing move the UK Pensions Regulator has issued the following statement on Rachel Reeves’ plans to transfer so-called Scheme surpluses into the coffers of the Treasury. People are struggling to live on […]

Insurance Regulation

TSB Hit With 10M Fine by FCA After Failures on Customers in Arrears

There are lessons in the below release for insurance brands, especially those in the Motor, Commercial and Health sectors, where extra financial stress at a time of life-changing events, plus rapidly rising premiums in general, […]

News

More Consumers Using Credit to Pay Insurance Premiums

This research from Premium Credit shows how stretched some UK household budgets are, with consumers using credit to pay essential bills like insurance. Here’s the word; Nearly three out of four personal lines insurance customers […]

News

Health Insurance: Number of Private Hospital Operations is On The Rise

Since the Covid pandemic the NHS has struggled to deal with the backlog of treatments, screening and appointments that built up during lockdowns. Add on another 1.5 million migrants since 2021 and the situation has […]

Global insurance trends

JD Power Survey Reveals Consumer Views on Medicare Plans

This is interesting consumer research from JD Power in the USA, regarding medical and healthcare plans; According to the J.D. Power 2024 U.S. Medicare Advantage Study,SM released recently, the most important factors driving customer satisfaction with […]

Insurance Regulation

Premium Credit Offers Solution to FCA Fees Lump Sum

The word from Premium Credit, who have a solution for firms who are paying FCA fees in one lump sum; With FCA-regulated firms continuing to receive invoices for this year’s FCA fees and levies, Premium […]