Just over £1.6 billion was paid out by the group risk industry over 2017, showing a £120.5 million increase on payments made in 2016, according to research by industry body Group Risk Development (Grid).
The research, which is based on claims data from Grid’s provider members, also found that 25,906 claims were made in 2017 for group life assurance, group income protection and group critical illness.
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The opportunity to influence group risk policymaking.
GRiD is a respected voice in the protection sector – as such, membership enhances the status of member organisations.
Privileged access to output from the various working groups, including consultation responses, regulatory updates, employer research and pan industry claims data. GRiD members also gain exclusive access to industry speakers at member meetings.
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