Tags: Insurance

UK General Insurance outsource to MidlandHR

UK General Insurance has selected a completely outsourced payroll service, in addition to iTrent Cloud Services – part of the wider HR outsourcing (HRO) provision from MidlandHR – to support its employees across five locations. The specialist UK-wide insurance provider has selected a number of iTrent modules including Employee and Manager Self-Service, Absence, Learning, Travel…

Canada life announced the launch of electronic claims forms

Launch of electronic claims forms will help employers and claimants under its health product range, says Canada Life. Canada Life is pleased to announce that from the start of April it will be accepting electronic employer claims forms for both its group income protection and group critical illness contracts. Currently, employers or their advisers complete…

LV= Announces GBP 800 million longevity insurance cover for its UK pension fund

GBP 800m (USD 1.3 billion) longevity insurance contract covering over 5,000 members of the LV= pension fund The agreement includes insurance for members who have not yet retired The contract insulates the pension scheme from longevity risks for pensioners as well as many older deferred members Mutual insurance, retirement and investment group LV= has completed…

Up to £1bn potential NHS saving on unclaimed private insurance, reveals new study

Nearly one in three privately insured patients in England undergoing hospital treatment have it provided and funded by the NHS – despite being eligible to claim from their policy. At the same time, emergency procedures and cancer treatment worth hundreds of millions of pounds is being provided on the NHS to people who have private…

Wear and tear affects healthcare from middle age

“Don’t wait to be diagnosed before taking out medical insurance as you won’t get cover for pre existing conditions” is the message from the Association of Medical Insurance Intermediaries (AMII). This applies particularly to those people who think they will need medical treatment for natural wear and tear which can affect any of us from…

Grey fleet drivers could mean risky business for employers

Employees across the UK could be leaving themselves and their companies exposed if they fail to understand their responsibility when using their own cars on company business. That’s the finding from leading telematics provider Trimble, who, in a recent survey, saw an alarming six out of ten respondents were unaware of the fact that they…