Some of you may recall a Canada Life article saying the gauntlet is thrown - on the back of pensions automatic enrolment (AE) we need to grow the group risk market in terms of employer schemes, as well as premiums and employees covered.
The benefits of group risk products are not widely recognised by HR professionals, Canada Life Group Insurance has suggested.
The group risk industry has applauded the latest Swiss Re Group Watch 2014 report, which it said ‘demonstrates the market's continued efforts to promote and deliver these highly valued employer-sponsored protection benefits to a greater proportion of...
The overall UK group risk market grows by 2.8% to nearly 11 million people at the end of 2013, according to Swiss Re's Group Watch 2014.
Aon is set to buy Lorica Employee Benefits in a bid to expand its health and benefits solutions to UK clients.
More than a third (34%) of firms have seen absence rates improve over the last 12 months, echoing recent ONS Labour Market statistics showing sick days down by 47 million since 1993.
Two-fifths of employees would be willing to give up a pay rise in order to receive employer sponsored protection insurances as part of their benefits package, latest research reveals.
Canada Life Group Insurance has launched a newly focused sales team to support advisers who work with small firms' automatic enrolment solutions.
Group Risk Connect, the online adviser software to generate and administer group quote data, has improved its system's abilities and announced a new insurance partner.
Group risk markets have a bright future, but, says Lee Watson, risks of getting quotes and applications wrong are increasing.