Provider admits likely halt for ECJ repricing

One protection provider has already admitted that it is likely to temporarily close to new business if a re-price is necessary, while Assureweb has said it is expecting a busy weekend of insurer re-pricing activity. Tom Baigrie, managing director of LifeSearch, confirmed to COVER that providers were addressing the possibility of a significant re-pricing if a decision to outlaw gender based underwriting came to pass. "During conversations with providers over the last week, one said they felt the pricing difficulties caused by such a judgment might lead them to suspend their rates while...