Online life insurance and protection broker Cavendish Online has appointed Luke Barber as business development manager to grow its successful white label life insurance and protection comparison service.
On 4 April the business will float on the Aim market, a subsidiary of the London Stock Exchange.
Healthcare and protection insurance specialist, The Exeter, paid out on 91% of all income protection claims received last year, its IP claims statistics for 2017 showed.
The Right Mortgage & Protection Network has appointed Nick Crombie as compliance manager, joining from Mortgage Advice Bureau.
Advisers can use the UnderwriteMe service to determine quickly whether cover is available if they’re concerned only about specific conditions, removing the need for multiple calls or completing full applications.
According to the poll they are less trusted than banks, high street retailers, Google, airlines, price comparison websites and healthcare providers.
For the year ending in August 2017, LifeSearch reported a 27% increase in turnover to £31.94m and 13% increase in gross profit to £7.71m.
The tool allows Intrinsic advisers to compare new and historic individual and business cover policies. The reports generated include the rating views of experts so advisers and their clients can ensure they are getting the best CI policy for their needs.
About 60 intermediary businesses have added a protection comparison service to their website, allowing clients to search, select and buy from a whole of market protection service.