Royal London intermediary protection sales increase by 22%

clock • 1 min read

Royal London has reported that its intermediary protection business has increased by 22% to £440m (30 September 2015: £362m.)

The results are from Royal London's new business results for the year to 30 September 2016.  The results come as the insurer's new life and pensions business reached £6,298m, up by 30% (30 September 2015: £4,861m). During 2016 Royal London made changes to its underwriting developments, Helping Hand Business and its critical illness cover. The insurer also launched a flexible Whole of Life plan in the Republic of Ireland. Phil Loney, group chief executive of Royal London, said:"The third quarter saw record sales for our Intermediary Protection business and the response from the m...

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