Can individual protection providers learn from group protection providers?
Until recently many would have said no. But with individual sales down eyes are turning to innovations in group risk. Particularly digital solutions.
My guest today is Chief Executive of Ellipse, a digital group risk insurer looking to simplify processes to make employer sponsored schemes more attractive.
Hear John talk about how we must move away from “income protection” to “workplace sick pay”.
Listen to his views on pension auto enrolment and whether we should be looking to introduce a similar approach for protection.
And can individual protection providers learn anything from group developments?
That’s all right here in episode 38 of the Marketing Protection and Finance Podcast.
Who is John Ritchie?
John is CEO of Ellipse, a digital group risk insurer.
He’s worked in the group risk sector for over 20 years primarily as a reinsurer and insurer and now, with Ellipse where he has the chance to run a group risk insurer that makes use of available technology to deliver a high quality service at sustainably competitive pricing.
He thinks that although the Group Sector can be proud of the role it plays in providing life and disability cover to millions of people in the UK, its customers deserve better service and investment in the underlying processes is long overdue.
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