Group risk industry supports record number of families in 2016
Press release 8 May 2017. Group risk industry supports record number of families in 2016. UK Group Risk industry paid out £1.5bn in claims in 2016: a £100m increase on 2015, and equivalent to £4.1m a day 2,289 people were helped back to work with active early intervention support from an insurer Cancer was the main […]
GRiD Claims Survey Messaging 2017
BACKGROUND Group Risk Development’s (GRiD’s) prime purpose is to promote employer-sponsored protection benefits to employers, employer bodies and, ultimately, their employees. To do this effectively, we need to be able to articulate to media and other stakeholders the specific benefits of these products relative both to other elements of the benefits package and also their […]
GRiD Claims Survey FAQs May 2017
8 May 2017 GRiD has today published cross-industry claims data for 2016 for Group Risk (employer-sponsored life assurance, income protection and critical illness). This document sets out some frequently asked questions (FAQs) on the claims survey & the reported stats and gives some examples of the industry in action.
ABI AND GRID PUBLISH WHOLE INDUSTRY PROTECTION CLAIMS FIGURES
8 May 2017 The Association of British Insurers (ABI) and Group Risk Development (GRiD) have published claims figures for the whole protection insurance industry for 2016. These show that insurers paid out £4.7bn to UK households in 2016. Around £13m a day was paid out to support people who have protection insurance products such as […]
