The UK Income Protection market, despite short-term COVID-19 headwinds, has grown rapidly over the last five years and is projected to continue expanding as awareness and appetite for IP products increases.
The design and pricing of IP products is significantly more complicated than other Protection products with many moving parts and their impact on long-term claims outcomes - the challenge of getting this right has played out recently in the Australian IP market, culminating in regulatory intervention and massive industry losses.
Our panel of IP experts will explore the current state of the UK and Australian IP markets, drill into some of the fundamental issues seen in Australia and explain what this means for UK IP providers.