According to this morning’s HMRC data, Insurance Premium Tax (IPT) receipts hit £648 million in April 2025 – kicking off the start of the new tax year at a record high.

It marks a £33 million or 5% increase from the same month last year (April 2024), which initiated a record year of receipts - totalling at £8.88 billion (2024/25),and exceeding the 2023/24 full year total of £8.15 billion by £737 million or 9%.

Generali Employee Benefits (GEB) Network announces a new strategic partnership in the United Kingdom, reinforcing its commitment to enhancing its International Employee Benefits offer.

• Unum joins Generali Employee Benefits Network as its new employee benefits partner in the UK market for Group Risk products.
• Generali UK branch transfers the renewal rights of its employee benefits (Group Risk) business to Unum
• Generali UK branch employee benefits team to be welcomed to Unum

Bupa Australia has announced it is investing further in preventative primary healthcare which includes a new network of Mental Health clinics, supported by virtual health and Medical Centres to meet growing consumer demand.

Scottish Widows, part of Lloyds Banking Group, has partnered with insurance automation firm Sprout.ai to trial the use of artificial intelligence (AI) designed to speed up life and critical illness insurance claims and underwriting.

Vitality, a leading health and life insurance provider, is working with global analytics software leader FICO to deliver personalised experiences for its 1 million members.

Unique in the health insurance market, the Vitality Care Hub powered by FICO^® Platform offers a fully digital journey including instant authorisation, online consultant booking and integration with a GP referral. Since its implementation, fewer than 28% of Vitality member claims are now started over the phone, compared to over 90% in 2019. Consequently, Vitality’s specialist claims teams have more time to provide personal support for complex claims. 

In October 2023, MAWDY – a global insurance, reinsurance and services company and part of the MAPFRE Group entered into a collaboration with Blink Parametric. The partnership set out to explore the expansion of parametric travel insurance solutions across the global MAWDY assistance product portfolio.

Analysis by Broadstone of the latest Financial Lives Survey¹ from the Financial Conduct Authority uncovers the rapid growth in the take up of health insurance products following the surge in NHS waiting lists.

The data shows that 14% of the UK adult population now hold Private Medical Insurance (PMI), a total of 7.6 million people which has increased from 6.7 million in 2020. Health insurance is most popular among those in the middle of their career with 18% (1.7 million adults) of those aged 35-44 and 19% (1.6 million adults) of those aged 45-54 holding a PMI product.

Pacific Prime has been awarded the title of “2024 Outstanding Partner of Individual High-end Medical Insurance” by MSH China. The award was presented in Shanghai by Gary Lin, MSH (Shanghai) Business Director, in recognition of the intermediary’s solid performance and partnership in the high-net-worth client segment.

With four in ten Americans saying they have seriously considered moving out of the U.S. in the next two years, the importance of having reliable, affordable international health insurance comes into greater focus. According to a new survey conducted by Harris Poll on behalf of GeoBlue and International Citizens Insurance (ICI), 31% of potential expats cite concerns about healthcare coverage abroad being the reason they haven't yet taken the leap to move abroad. This trumped concerns about their work and social life abroad. Of these potential expats, the number one thing that would make it easier to relocate and move abroad is finding affordable and reliable international health insurance.

MediHelp International, a market leader in international private medical insurance (IPMI) and private medical insurance (PMI) across Poland Hungary, and Romania, has officially gone live with CoverGo’s next-gen, end-to-end health insurance platform to power its digital transformation and redefine health insurance operations across multiple European markets.