HM Insurance News

Insurance fraud perpetrated by doctors and other professionals is to be tackled by a new fraud agency. The Insurance Fraud Enforcement Department (IFED) will combat a criminal threat estimated to be costing the UK economy £3 billion per year – adding on average £50 to each insurance policy.

Bupa has reinstated most of the 37 BMI hospitals it had removed or was removing from its network of hospitals.

Axa PPP Healthcare has enhanced both the cancer and heart cover for individual and corporate policyholders. Members diagnosed with a heart condition will now have access to a successful dedicated nurse service which supports the member and their family through their treatment.

WPA, the private medical insurance provider is to offer moratorium underwriting on its individual policies, Flexible Health essentials, premier and elite.

Jelf Employee Benefits has predicted some doom and some boom for the healthcare sector in 2012.

Healthcare provider Simplyhealth has published guidance for employers about the tax implications of providing health benefits to staff.

Global healthcare fraud is to be tackled by a partnership of anti-fraud organisations around the world.

Aviva has launched a new online resource for advisers to help them understand how group risk benefits can bring valuable protection to their corporate customers.

Axa UK is looking to sell its independent distribution operation, financial advice provider Bluefin. Bluefin was launched in 2009 and comprises Bluefin Insurance Services and Bluefin Advisory Services. In a statement the company said that: Following a number of expressions of interest, and the disposal of Axa UK’s corporate pensions business last year, Axa UK has appointed Fenchurch Advisory Partners to advise on the strategic options for the future of Bluefin Advisory Services.’

Paycare, the health cash plan provider has added to its a range of employer and employee benefits. The Additions range offers a choice of five different levels ranging from £1 to £5 per week per employee.