Aviva claims protection underwriting improvements

Published on

Aviva says underwriting improvements have reduced its NTU (Not Taken Up) rates for protection products.

It says that improvements made since 2008 have seen NTUs fall by a quarter. This is against a backdrop of adviser concerns about increasingly stringent underwriting approaches being applied in the market.

Aviva claims the reduction follows a series of “innovative techniques? introduced by its underwriting team to ensure that customers’ expectations are properly managed.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...

Former Wales and Lions rugby star joins Howden

Howden has appointed former Wales and British & Irish Lions rugby player Dafydd James...

Reeves weighs property tax overhaul to replace stamp duty

The Treasury is examining plans for a new levy on homes worth more than...

British Business Bank agrees £300m Close Brothers deal to boost SME asset finance

The British Business Bank has agreed a transaction of up to £300m with Close...

Surveying sector strains deepen housing supply crisis

The UK surveying industry is under mounting pressure as compliance demands grow faster than...

Latest publication

Latest opinions

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of...

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Other news

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...

Former Wales and Lions rugby star joins Howden

Howden has appointed former Wales and British & Irish Lions rugby player Dafydd James...

Reeves weighs property tax overhaul to replace stamp duty

The Treasury is examining plans for a new levy on homes worth more than...