GRiD sees Barnsley Council’s launch of Pathways to Work report as direction of travel for UK business to support employees back to work
Press release 25 July 2024. Following Barnsley Council’s launch of its Pathways to Work report, which has been endorsed by the Government, GRiD, the industry body for group risk, welcomes the launch and sees this as the direction of travel that workplaces will need to follow to support people back to work. Katharine Moxham, spokesperson […]
Employees’ appreciation of employee benefits is well below what employers believe
Press release 23 July 2024. Eighty-one per cent of employers measure employees’ appreciation of the employee benefits that they receive, according to new research conducted by GRiD, the industry body for the group risk sector*. Of those, two-thirds (66%) of employers believe that their staff ‘very much’ appreciate the benefits they are offered – more […]
GRiD post-election comment
Press release 8 July 2024. Following the election result, Colin Fitzgerald, chair of GRiD makes the following comment: “GRiD sees the election of a new administration as an opportunity to work with government to take forward a positive agenda to support business and UK growth. “Labour has been clear in its desire to be the […]
A third of UK employers say that their staff are not aware of, nor do they understand, the employee benefits they are offered
Press release 3 July 2024. • 18% of employers leave employees to initiate the take-up of benefits themselves A third (34%) of employers say that their staff are not aware of, nor do they understand, all of the employee benefits they are offered, according to new research conducted by GRiD, the industry body for the […]
GRiD announces new visual identity and website
Press release 18 June 2024. GRiD, the industry body that promotes the value of providing financial protection for employees to government, policymakers, stakeholders and employers, has today shared its new visual identity and improved website. The brand renovation aims to reach a wider audience and generate greater awareness and understanding of group risk products and […]
First Actuarial joins GRiD to grow group protection business
Press release 25 June 2024. Leading UK actuarial and investment consultancy, First Actuarial, has joined GRiD, the industry body for group risk. Membership of GRiD will give First Actuarial access to best practice as it launches a range of group protection services. Suzie Nedza, Group Protection Consultant at First Actuarial says: “Joining GRiD was an […]
Only 49% of employers consider benefits that support all staff
Press release 11 June 2024. When asked which benefits employers are most likely to offer, only 49%* said they consider benefits which support all employees. GRiD, the industry body for the group risk sector, says it would like to see this figure significantly increased. Katharine Moxham, spokesperson for GRiD said: “Employees are a company’s biggest […]
Growing expertise: PartnerRe joins the GRiD community
Press release 4 June 2024. Recognising the wealth of expertise to be drawn upon, leading global reinsurer, PartnerRe, is the latest organisation to join GRiD, the industry body for Group Risk. PartnerRe is a global reinsurance company with over $10 billion in total capital offering group reinsurance solutions to the UK & Irish Group market. […]
The UK Group Risk industry paid out a record £2.49bn in claims in 2023: £6.82m a day
Press release 21 May 2024. The UK Group Risk industry paid out a record £2.49bn in claims in 2023: £6.82m a day Industry data compiled by Group Risk Development (GRiD) shows that, once again, employers highly utilised group risk protection (employer-funded life assurance, income protection and critical illness benefits) to provide financial support to employees […]
GRiD member newsletter May 2024
At the end of the GRiD 2023/24 year we wanted to take time to update our members on all the work that has gone on over the last year within GRiD and to highlight some of the key achievements along the way. As newly appointed chair of GRiD, Colin Fitzgerald writes: “I’m very much looking […]
