Increased demand for private medical insurance after COVID19
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.
Broker warns many agents lack sufficient PI insurance
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)
Why charity and insurance make for a great combination
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.
Public health or private insurance? In a Nutshell
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.
Employees willing to swap pay for personalised benefits
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.