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Covid claims fuel record insurance payouts says ABI

The Association of British Insurers has revealed that a near doubling of Covid payouts was a major factor in the record £6.8b in payouts on insurance claims in 2021.

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Fintech launches protection comparison tool for advisers

Fintech Protection Guru has launched a price and criteria comparison tool for financial advisers seeking protection policies for clients.

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L&G to merge insurance and pension arms

Legal & General will merge its retail insurance and pensions divisions from the start of next year.

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FCA warns over insurance product commissions

The FCA has warned insurance firms that they must improve clarity on commissions they pay to intermediaries on insurance products and prove that commissions are not excessive.

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