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AEGON Scottish Equitable
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Bright Grey
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Liverpool Victoria
AXA Sun Life
Bright Grey
Friends Provident
Legal & General
Liverpool Victoria
Norwich Union
Prudential
Royal Liver Assurance
Scottish Provident
Scottish Widows
Standard Life
NEWS
Life insurance firms go green
13 September 2007 14:12:41
Firms from the UK life cover sector and other insurance industry bodies have launched a new initiative to combat climate change.
The ClimateWise principles - developed by Lloyd's of London, global insurance firms, reinsurers and brokers - will aim to raise awareness of the importance of pursuing ecofriendly business practices.
Stephen Haddrill, director general of the Association of British Insurers, explained that UK companies should aim to be as green as possible, as well as instigating environmentally-conscious behaviour from their customers.
"Uniquely in the UK we protect people from the consequences of flooding. By assessing the rising financial costs of extreme weather we are helping society make the right decisions for the future," he said.
"But we need to do more. The principles will enable us to do so by encouraging greater climate-friendly behaviour among our customers through our investment strategy and risk analysis."
His Royal Highness, the Prince of Wales, was present at the launch and backed its efforts to inspire global awareness.
"The ClimateWise principles are targeted on those areas of skill and expertise within the insurance sector and are the result of nearly a year's hard work" he commented.
"I hope and pray that they will be useful in encouraging both collective and individual action to tackle climate change."
Direct Life and Pensions Services Ltd are one of the UK's leading providers of life insurance, term life assurance, mortgage protection, and critical illnesslife insurance policies online.
AXA Sun Life reveals protection shortfall
10 July 2007 16:08:36
New research from UK life insurance leader AXA Sun Life has revealed that more than half of the British adult population have not yet made a will.
The findings reveal the urgent need for safeguarding your family's future, with almost half of those surveyed admitting that the expected their family to pay for their funeral.
Families with life insurance would be far better placed to cope in the event of a loved one's death, as many respondents claimed to have not considered putting money aside.
The AXA Sun Life Direct poll questioned 1,007 adults in June, with only 35 per cent of participants stating that they had provided for the cost of a funeral with insurance.
While one fifth of respondents wanted to have their ashes interred in a churchyard or to be buried, while three per cent favoured an eco-burial.
Three out of four participants confirmed that they wished to be dressed in bright clothing at their funeral.
Scots leading life insurance
20 August 2007 15:06:09
The British life insurance industry could be transformed by Scottish executives, according to Otto Thoresen of Aegon UK.
Mr Thoresen told the Herald that recent appointments gave Scottish life cover practitioners the chance to propel the industry forward.
Trevor Matthews, UK chief of Standard Life, was recently name president-elect of the Chartered Institute of Insurance, while Archie Kane, chief executive of Scottish Widows, is to chair a key committee of the Association of British Insurers.
Discussing the changes, Mr Thoresen said: "Scotland finds itself very highly involved and committed to become engaged in helping to move these changes forward.
"Trevor is very outspoken on this. I have been talking about it for a while, and enough of us are determined to find good solutions and good outcomes, but not purely from the providers' point of view - good outcomes for customers.
"Ultimately that is what is going to make businesses a success and the sector a success."
The Financial Services Authority was recently urged to ban commission payments, with many criticising the sales-driven mindset of the UK life insurance industry.
13 September 2007 14:12:41
Firms from the UK life cover sector and other insurance industry bodies have launched a new initiative to combat climate change.
The ClimateWise principles - developed by Lloyd's of London, global insurance firms, reinsurers and brokers - will aim to raise awareness of the importance of pursuing ecofriendly business practices.
Stephen Haddrill, director general of the Association of British Insurers, explained that UK companies should aim to be as green as possible, as well as instigating environmentally-conscious behaviour from their customers.
"Uniquely in the UK we protect people from the consequences of flooding. By assessing the rising financial costs of extreme weather we are helping society make the right decisions for the future," he said.
"But we need to do more. The principles will enable us to do so by encouraging greater climate-friendly behaviour among our customers through our investment strategy and risk analysis."
His Royal Highness, the Prince of Wales, was present at the launch and backed its efforts to inspire global awareness.
"The ClimateWise principles are targeted on those areas of skill and expertise within the insurance sector and are the result of nearly a year's hard work" he commented.
"I hope and pray that they will be useful in encouraging both collective and individual action to tackle climate change."
Direct Life and Pensions Services Ltd are one of the UK's leading providers of life insurance, term life assurance, mortgage protection, and critical illnesslife insurance policies online.
10 July 2007 16:08:36
New research from UK life insurance leader AXA Sun Life has revealed that more than half of the British adult population have not yet made a will.
The findings reveal the urgent need for safeguarding your family's future, with almost half of those surveyed admitting that the expected their family to pay for their funeral.
Families with life insurance would be far better placed to cope in the event of a loved one's death, as many respondents claimed to have not considered putting money aside.
The AXA Sun Life Direct poll questioned 1,007 adults in June, with only 35 per cent of participants stating that they had provided for the cost of a funeral with insurance.
While one fifth of respondents wanted to have their ashes interred in a churchyard or to be buried, while three per cent favoured an eco-burial.
Three out of four participants confirmed that they wished to be dressed in bright clothing at their funeral.
20 August 2007 15:06:09
The British life insurance industry could be transformed by Scottish executives, according to Otto Thoresen of Aegon UK.
Mr Thoresen told the Herald that recent appointments gave Scottish life cover practitioners the chance to propel the industry forward.
Trevor Matthews, UK chief of Standard Life, was recently name president-elect of the Chartered Institute of Insurance, while Archie Kane, chief executive of Scottish Widows, is to chair a key committee of the Association of British Insurers.
Discussing the changes, Mr Thoresen said: "Scotland finds itself very highly involved and committed to become engaged in helping to move these changes forward.
"Trevor is very outspoken on this. I have been talking about it for a while, and enough of us are determined to find good solutions and good outcomes, but not purely from the providers' point of view - good outcomes for customers.
"Ultimately that is what is going to make businesses a success and the sector a success."
The Financial Services Authority was recently urged to ban commission payments, with many criticising the sales-driven mindset of the UK life insurance industry.