News Archive

Archive of industry news from the global life insurance industry

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April 2017

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Munich Re and London InsurTech Tictrac launch health engagement platform for insurers
28 April 2017 Munich Re has teamed up with London-based health-tech company, Tictrac, to launch a health engagement platform called Wellgage.

Investor warning fired over Solvency II’s complex reporting
26 April 2017 The insurance sector is at risk of being further marginalised by investors as performance reporting becomes more complicated as a result of Solvency II, according to a report by Willis Towers Watson and Autonomous Research.

UK fin-tech provider Certua to launch robo-life insurer in 2017
26 April 2017 Fin-tech company, Certua, has revealed its plan to launch a UK robo-life insurer in 2017.

babylon announces Europe’s largest investment in AI for health
25 April 2017 Digital healthcare company, babylon, has announced an investment of circa US$60m to build what it is calling “the world’s most advanced artificial intelligence (AI) platform” in healthcare.

Royal London launches life cover for Type 1 & 2 diabetes sufferers
25 April 2017 Royal London has launched life insurance cover for people with Type 1 or Type 2 diabetes that uses a real time and robo-underwriting process to improve the customer journey.

The Exeter launches life insurance for people with type 2 diabetes or a high BMI
25 April 2017 UK mutual and protection insurer The Exeter has entered the life insurance market with a plan for people with type 2 diabetes or a high body mass index (BMI).

LV= introduces early payment up to £10,000 for death claims
24 April 2017 The UK’s LV= has introduced an early payment of up to £10,000 for death claims on all life products which can be paid within 24 hours.

Top life insurance purchasing regions in the UK revealed
21 April 2017 Data from comparethemarket.com indicates consumers in the Southeast of England appear to have the strongest appetite for purchasing life insurance, compared to those in other parts of England, Wales and Scotland.

Gen Re’s partnership with Monsenso allows insurers to offer mental health solutions
20 April 2017 Danish technology company Monsenso, which develops mHealth solutions for mental health, has partnered with Gen Re.

British Friendly launches mutual benefits app
20 April 2017 British Friendly has launched an app that gives members access to the free healthcare services available through their mutual benefits programme.

Royal London research: advisers predict stable outlook for protection market
19 April 2017 Research commissioned by Royal London indicates financial advisers have confidence in the protection insurance market and they predict a stable market outlook for this year.

Vitality’s employees star in new marketing campaign
18 April 2017 Vitality has launched a major marketing campaign that sees its own employees starring alongside Vitality Ambassadors Jessica Ennis-Hill, Maro Itoje, Joe Root, Ellie Simmonds and Stanley the Dachshund.

LII exclusive: Doctor Care Anywhere partners with Asian broker Abacare
18 April 2017 Doctor Care Anywhere, the digital healthcare company, has partnered with Hong Kong-headquartered Abacare, an international insurance broker specialising in employee benefits, medical, health and life insurance, to provide its virtual doctor service.

EIOPA sets out the methodology to derive the ultimate forward rate
06 April 2017 The European Insurance and Occupational Pensions Authority (EIOPA) has published the methodology to derive the Ultimate Forward Rate (UFR) and its implementation process.

AIG Life makes three senior appointments
05 April 2017 AIG Life has made three new senior appointments which the life insurer says will support its drive for innovation in the life insurance market.

AIA teams up with David Beckham as its global ambassador
05 April 2017 Pan-Asian life insurance group, AIA, has signed a multi-year agreement with ex-Man Utd footballer David Beckham, under which he will become the company’s global ambassador.

SCOR Global Life SE receives approval for Japanese branch
04 April 2017 SCOR Global Life SE has been granted approval by the Financial Services Agency of Japan (FSA) to open a branch office in Tokyo as of 4 April 2017

MAXIS Global Benefits Network launches new digital services
04 April 2017 MAXIS Global Benefits Network, (MAXIS GBN), the international joint venture between MetLife and AXA, has launched a new website, client portal and member portal.

Allianz launches live video streaming platform for customer claims
03 April 2017 Allianz Insurance has launched a video streaming platform called Allianz Site View that enables customers to send images, video clips or conduct live video interactions with the insurer in support of a property claim

March 2017

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Synaptic Software launches instant life insurance quote and apply system
31 March 2017 Synaptic Software, part of Capita, has launched Cover Me Now, which claims to streamline the life insurance sales process for advisers, brokers and web-based firms.

Pensions dashboard prototype demonstrated to UK gov ministers
31 March 2017 A pensions dashboard prototype that should one day allow people to see all of their pension savings and entitlements online has been delivered on time and demonstrated to government ministers.


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