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Unemployment falls to 2.45 million
Unemployment for the last quarter fell by 33,000 to 2.45 million, the largest quarterly fall since the three months to July 2007.
Nationwide partners with Cardif Pinnacle for PPI
Nationwide Building Society has signed a three year contract with Cardif Pinnacle, part of banking group BNP Pariba, to supply the society with Payment Protection Insurance.
FSA extends consultation period for PPI reform
The Financial Services Authority has published feedback to its plans to reform the Payment Protection Insurance market, but says it needs a further six week consultation as it has revised some of its original proposals.
Split cover quotes for life and CI
Capita Financial Software has developed an online quotation service for split cover life and critical illness policies that allows brokers to quote on different life and critical illness covers on the same illustration.
FirstAssist teams up with Tenet LIME on ASU
FirstAssist Insurance Services has been appointed by Tenet LIME to provide a full suite of accident, sickness and unemployment products and services to its 1,100 members.
L&G network offers high net worth home insurance
Legal & General Partnership Services, L&G’s network arm, has partnered with Sterling Insurance Company so that L&G advisers can offer home insurance to their high net worth clients.
Zurich UK Life highlights CI cover for children
Zurich UK Life has highlighted the benefits of offering critical illness cover for children to help minimise the impact for families with children diagnosed with cancer.
Paradigm adds PruProtect serious illness cover
Paradigm Mortgage Services has added PruProtect’s life and serious illness cover products to its preferred protection panel.
Everyday Financial Solutions signs up with L&G
Everyday Financial Solutions has become a business partner of Legal & General, having agreed a sole-tied partnership for protection.
Paymentshield announces price freeze on B&C premiums
Paymentshield is freezing its core buildings and contents Insurance premiums from 1 January 2010.
Lenders could cut distribution, warns Swiss Re
Swiss Re has warned that additional responsibilities placed on lenders as a result of the Mortgage Market Review could result in lenders cutting down their distribution and lead to even more competition among insurance providers as they look to secure deals with large mortgage suppliers.
LV= added to Openwork's income protection panel
LV= has signed up to distribute its mortgage and lifestyle protection plan through Openwork
L&G revamps term assurance product
Legal & General is introducing a range of different interest rates on which its Mortgage Decreasing Term Assurance is based.
PruProtect launches Essentials plan
PruProtect has launched its new online-only Essentials plan which includes life cover only and life with serious illness cover.
62 Staff face axe at Paymentshield
Paymentshield is looking to cut its workforce by 20%, with 62 members of staff in consultation.
PMS teams up with FirstCity for PI
PMS is offering a facility for professional indemnity insurance, negotiated on its behalf by FirstCity the specialist Lloyds broker.
