Product Trends

Europe, Middle East & Africa



Life & Health

ATD Quart Monde and CNP Assurances Launch a Funeral Policy for the Needy. L’Argus de L’, November 7, 2016.

ATD Quart Monde and CNP Assurances are launching a funeral policy for people living under the poverty line. People can subscribe until age 80. The policy was designed with input from people in poverty to assess their needs more accurately. (Text in French)

Savings & Retirement

Suravenir and Grisbee Launches Online Life Insurance Contract. L’Argus de L’, December 16, 2016.

Grisbee Vie is an online product with a 0% entry fee and 0% arbitrage fee. (Text in French)

Market Trends & Innovation

Alan Wants to Turn Health Insurance into Software-as-a-Service. TechCrunch, October 24, 2016.

Alan is a new health insurance company in France where in a few minutes a business can sign up and cover its employees for €55 per month per employee. Employees can access the dashboard to submit reimbursements and add their partners to their health plan for an additional €55.

United Kingdom

Life & Health

Aviva Launches New Flexible Individual Protection Proposition for the Adviser Market. Press Release, November 14, 2016.

Aviva has introduced three new individual protection products that are designed to be sold by financial advisers. The new products are Life Insurance+, Critical Illness+ and Income Protection+. These products will be available via the digital platform Aviva Life Protection Solutions (ALPS).

Royal London to Launch Life Insurance Product for Diabetics. Cover, October 10, 2016.

The new product, which will be launched first quarter 2017, will have a simplified underwriting process, with questions targeted on diabetes.

Savings & Retirement

Royal London Launches Digital Trust Service. Cover, December 5, 2016.

The online trust service offers a range of the trust forms required when putting a life insurance policy into a trust. They include a Relevant Life Trust and a Business Trust, and Royal London plans to add more forms in the future.


Legal & General and Coventry Building Society Announce Five-Year Partnership. Press Release, November 29, 2016.

Legal & General and Coventry Building Society have entered into a five year partnership to offer general insurance products to Coventry’s members.

Market Trends & Innovation

Zurich Speeds Applications by Expanding Use of Digital Technology. Press Release, November 29, 2016.

Zurich is rolling out e-signature approval for the Access to Medical Records Act (AMRA) declaration and will soon be starting a pilot of electronic GP reports on individual protection policies.

The Exeter Unveils New Protection Platform. BestAdvice, November 25, 2016.

The Exeter launches TCP’s SS/G Digital, a solution providing a full end-to-end customer and adviser service portal from quotation through to claim.

Axa Offers On-Demand Insurance Via Free Mobile App. Computer Weekly, November 23, 2016.

Axa Insurance is offering its customers a free app to enable them to obtain quick and easy cover for individual items. Using the Trov app, customers can buy coverage separately for items for a specified time period.

Vitality Launches One-Stop Adviser Website. Cover, November 21, 2016.

The new adviser site offers detailed product information across VitalityHealth and Life, including Vitality partners and rewards. The site also provides access to the full range of calculators, a premium comparison tool and a hospital finder.

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Middle East

United Arab Emirates

Market Trends & Innovation

Union Insurance to Launch Cover for Expats. TradeArabia, November 23, 2016.

Expat Protect is its first insurance product for expatriates in the UAE. It covers repatriation, employment advocacy, and travel needs through four different packages, covering individuals, couples and families.

Saudi Arabia

Market Trends & Innovation

Bupa Arabia Launches Telemedicine Program. Press Release, October 4, 2016.

Bupa Arabia is offering its members a unique service that lets them access the expertise of board-certified doctors with major U.S. medical institutions. Bupa Arabia doctors evaluate each case that requires this type of consultation with their U.S. counterparts. Patients are then scheduled for an appointment with the U.S. doctor for a telemedicine consultation within 48 hours. Patients can communicate with the U.S. doctors from their homes via the CareClix app, video chat or telephone.

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Life & Health

Tigo Insurance Launches Microinsurance Product. CitiBusiness News, November 3, 2016.

Tigo Income Protection Policy Plan offers insurance to those coping with life’s challenges. The plan is offered by Tigo Insurance, a partnership among Tigo Ghana, BIMA Ghana and Prudential Life. It is sold over mobiles, is for high airtime users, and covers permanent disability and critical illness.

South Africa

Life & Health

FNB Life Customers Can Now Earn up to 15% Back in eBucks. Press Release, November 8, 2016.

As part of their effort to improve customer experience, FNB introduced monthly rewards-back benefits on its premiums. Customers with its Life Cover policy can earn up to 15% of the monthly premiums back in eBucks.

Cigna-Partners with Hollard to Develop Health Cover for Africa Markets. Press Release, November 4, 2016.

The two have developed Hollard Cigna Health, a health benefits insurance product for the Sub-Suharan African market.

FMI’s Innovative CI Cancer Cover Rethinks CI. FA News, October 10, 2016.

FMI’s new critical illness cover offers a combination of income and lump sum benefits, practical assistance with CI Assist, and an expert Medical Second Opinion. The product also includes an extender option, which includes a breast reconstruction benefit post-mastectomy, as well as Early Cancer and Hospitalization Expense benefits.

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