August 2014

Getting the most out of the growing Group Risk market - A blog by Ron Wheatcroft of Swiss Re


Getting the most out of the growing group risk market   In the context of financial provision for the public overall, group risk business is very important. Yet, with a few worthy exceptions, our industry treats group business as a poor relation. The pace of product development in the group market doesn't compare to its individual cousin. Why is that? Is it because group risk is a small slice of our business? Not at all. Around 40% of all UK life cover is provided by group schemes and, for IP, this is a huge 75%. Income protection is clearly the…
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