Holloway Friendly pays 100% income protection claims in Q2

Adam Saville
clock • 1 min read

98% claims paid by mutual for first half of 2018

Income protection mutual Holloway Friendly paid 100% of claims for April, May and June of this year and 98% of claims during H1. The announcement comes following a recent rebrand by the mutual (read about it here).  The company, established by George Holloway (MP for Stroud) in 1880, paid 96% of claims in 2016 and 2017. "Our claims team have continued to review the way in which income protection claims are assessed and to remove the barriers of traditional claim assessment in order to reach decisions in just hours, instead of weeks," said Suzy Esson, head of member services for Hol...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Income Protection

Working2Wellbeing joins IPTF

Working2Wellbeing joins IPTF

Eighth member for 2025

Cameron Roberts
clock 04 April 2025 • 1 min read
The return of redundancy cover and its importance

The return of redundancy cover and its importance

Demand looks set to remain high

Kesh Thukaram
clock 02 April 2025 • 3 min read
Interactive video: Addressing client income protection concerns

Interactive video: Addressing client income protection concerns

How do you engage with clients to help them understand the value of income protection?

Scottish Widows
clock 14 March 2025 • 1 min read