Insurer

British consumers feel the insurance industry lags behind others in how it addresses their needs and have given their strongest hint that greater simplicity would be welcomed.

Ageas continued its protection market growth and halved its pre-tax loss in 2011.

Phil Jeynes warns that removing components from simple products may mean weaker cover for clients.

Holloway Friendly Society paid 96.2% of its income protection claims in 2011, up from the previous twelve months 95.5%.

The Income Protection Task Force (IPTF) is holding a heads of state meeting for CEOs of the major income protection providers.

Ageas has questioned whether the impending move to gender neutral pricing will result in women falling further behind men in their willingness to protect themselves.

The Insurance Fraud Register will go live in July after the Association of British Insurers and the Insurance Fraud Bureau signed contracts on the creation of the database.

Cuna Mutual is offering three months free accident wage protection to credit union members.

The protection industry may have to change the way it works if it is to maximise the potential of the simple products initiative, the project's leader has said.

Scottish Widows has revealed it is examining the possibility of re-entering the IFA protection market.