With the protection sector dominated by giants of the insurance world, Owain Thomas spoke to Cirencester friendly's Paul Hudson to hear a smaller provider's view
Protection market providers are going through a period of distinct upheaval at present. Although Aegon have confirmed their status in the market after a summer of rumours and uncertainty, Resolution is in the process of pulling three providers into one as it completes the purchases of Axa's life arm and Bupa's protection wing, which will eventually combine with its already acquired Friends Provident. So how does all this merger and acquisition activity affect those protection insurers not part of giant parent operations? Paul Hudson is CEO of Cirencester friendly, one of the smalle...
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