ABI Health and Protection 2023: Brokers key in opening protection to micro businesses

“We should care passionately about the 22 million who don’t get help”

Jaskeet Briah
clock • 3 min read

The role of advisers and brokers is one of the most important in helping micro businesses embrace group protection, Unum UK chief executive Mark Till told delegates at the Association of British Insurers’ (ABI) health and protection event yesterday (27 July).

During the How can insurers protect the health and resilience of the nation? event, the session discussed how insurance products support resilience by keeping people healthy and in work, and what greater role insurers can play. Overall, micro businesses account for 95% of all businesses and around 32% of employment, the ABI detailed. Larger businesses are more likely to have a more comprehensive benefits package as these firms typically have built up skills and talent and can afford dedicated individuals to focus on creating a broader benefits packaging, Till told delegates. As suc...

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 Group Protection

Yurtle launches caregiver insurance for employees

Yurtle launches caregiver insurance for employees

Cash support to reduce unplanned absences

Jaskeet Briah
clock 04 March 2025 • 3 min read
Male employees call for increased mental health support

Male employees call for increased mental health support

30% unsure where to turn for help

Jaskeet Briah
clock 28 February 2025 • 2 min read
Gender disparity in workplace wellbeing

Gender disparity in workplace wellbeing

YuLife research

Cameron Roberts
clock 19 February 2025 • 2 min read