Cameron Roberts

3 days ago | covermagazine.co.uk | Cameron Roberts

Technology provider, iPipeline, has released figures which show that protection has had a strong start to 2025. According to the provider, the annual premium equivalent (APE) is up 17% year on year and new business has also increased across this period, up 4%. The iPipeline data showed that the rise in APE was driven by a 77% rise in "other" forms of cover.

4 days ago | covermagazine.co.uk | Cameron Roberts

The figure equates to 4.4 days lost per worker and is a 9% year-on-year decrease. In 2023 the number stood at 163.8m. Despite the decrease the number is 7% higher than 2019 figures, representing a 9.9m additional working days lost. Brett Hill, head of health and protection, Broadstone, said: "While sickness absence has edged down from its post-pandemic peak, the figures remain worryingly high.

4 days ago | covermagazine.co.uk | Cameron Roberts

Provider, MorganAsh, has released data from its MorganAsh Resilience System (MARS) showing that caring responsibilities are becoming a more common occurrence for UK adults. The data from MorganAsh showed that the most frequent life events among vulnerable customers were bereavement and divorce/separation. Caring responsibilities was highlighted in the most frequent events.

5 days ago | covermagazine.co.uk | Cameron Roberts

FCA Financial Lives survey 2024 Consultancy, Broadstone, has released its analysis of the Financial Conduct Authority’s (FCA’s) Financial Lives 2024 survey, showing that life insurance has a long was to go in creating good customer outcomes.

5 days ago | covermagazine.co.uk | Cameron Roberts

The Private Healthcare Information Network (PHIN) has released data on private healthcare admissions which showed 2024 was a record year for the sector. The total number of private healthcare admissions in 2024 was 939,000, a 3% rise on the previous year's figures. Those admissions funded by private medical insurance (PMI) grew by 6% year on year, up to 664,000 PMI admissions from 625,000 in 2023.