COVID-19 has put the NHS under tremendous strain, which has created a backlog of cases that will see demand for private medical insurance increase as social distancing measures ease, according to GlobalData, a leading data and analytics company.
With an increasing number of agents exploring diversification opportunities and new revenue streams, MINT Insurance Brokers claims that many lack the correct level of Professional Indemnity (PI)
The insurance industry has created a range of initiatives from mental health support campaigns to substantial charitable donations in a bid to soften the blow of the COVID crisis for the most vulnerable. The industry can create greater community impact, and eventually create greater sustainability by combining its collective resources to be a force for social good.
The limitations of the public system include the types of drugs it has access to, waiting times, and the time limits set on certain procedures - all of which Ballantyne says can make a significant difference to somebody’s treatment process, particularly when dealing with a physically and emotionally difficult illness, such as cancer.
The most recent release has illustrated how the desired employee benefits is changing, primarily in response to the Covid-19 pandemic, with almost two in three (65%) now care more about financial protection over ‘softer' perks, such as gym memberships, that have largely been rendered redundant over the past 12 months.
New research has showed a startling mismatch between rising demand for mental health help and this failing to translate into a priority for businesses.
STAYCATION bookings are surging as more than half of Britons are planning a holiday in the UK this summer, but many will go without insurance because they do not think it is worth covering a domestic trip.
A growing number of UK adults now have private medical insurance (PMI), finds research from Consumer Intelligence, with around 17% of the population having such a policy – and a further 31% are either considering it or may start to do so.
With premiums rising and carriers narrowing their terms and conditions, technology companies’ satisfaction with their directors and officers (D&O) liability insurance has plummeted in 2021.
Gone are the days when employees would only appreciate the figure on their paycheck. Today, they look for meaningful compensations too.
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