Scottish Friendly

AUM increase by £2.4bn to over £5bn

155,000 long-standing policies worth £2.7bn from closed book of business sold to Scottish Friendly as Canada Life focuses on annuity market

UnderwriteMe has gone live, as Exeter Family Friendly, Scottish Provident, Scottish Friendly and SunLife are now using UnderwriteMe software within their own propositions, with three further insurers set to go-live in the next quarter.

Scottish Friendly has announced partnership with Neilson Financial Services (NFS) to develop its UK life insurance business.

An entirely-online provider has entered the market in an aim to modernise life insurance.