Individual Protection plans paid in last 12 months
Nearly half of claims were from Millennials
Provider pays out 89% of new IP claims in 2023
Director of customer experience added
Life insurance needs to embrace technology for smoother claims and happier customers. Swiss Re's launch of ACE and CARE highlights the importance of meeting increasing customer demand for digital services.
CII urges insurers to provide training on vulnerable customers
Customers desire a more personalised experience
Two thirds would not accept overly lengthy delays
Provider service quality, claims timescales and Consumer Duty