L&G updates protection underwriting to improve accuracy and customer outcomes

Published on

L&G’s Retail Protection business has introduced a series of underwriting changes aimed at simplifying applications and improving long-term outcomes for customers.

The insurer said the updates respond to customer feedback and behavioural science insights, with application forms redesigned to be clearer, more relevant and aligned with industry best practice.

Questions have been simplified and clarified, with complex areas broken down into more manageable parts. Additional examples have also been introduced to help customers provide accurate information with greater confidence.

L&G said the changes should lead to more effective disclosure at the point of application, allowing the insurer to better understand customers’ needs and ensure policies accurately reflect individual circumstances when a claim is made.

Broad questions covering health and lifestyle have been divided into smaller, more specific queries. Family medical history questions have also been refined to refer specifically to full blood relatives, a move intended to reduce errors and the need for manual underwriting referrals.

David Banks, director of claims and underwriting, retail protection at L&G, said: “This latest series of underwriting improvements is designed to simplify the application journey to ensure that customers are more accurately protected and better supported throughout the process.

“The changes reflect our commitment to listening to customer feedback, learning from claims experience, and applying behavioural insights.

“Our enhanced application process, aligned with current trends and industry best practice, will help customers tell us what we need to know to pay more claims.”

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

US exodus lifts demand for prime London homes

A rising number of Americans leaving the United States is helping to fuel demand...

Millennials tie confidence and purpose most closely to work

More than eight in 10 UK workers believe being unable to work because of...

Housing transactions rise in 2025 despite stamp duty reset and Budget nerves

UK housing market activity proved more resilient than expected last year, with transaction volumes...

Housing market steadies as November transactions rise on a seasonal basis

Residential transaction volumes edged higher in November, according to the latest provisional data from...

West Brom targets first-time buyers and movers with £2,000 cashback launch

West Brom Building Society has launched two new five-year fixed mortgage products offering £2,000...

Latest publication

Other news

US exodus lifts demand for prime London homes

A rising number of Americans leaving the United States is helping to fuel demand...

Millennials tie confidence and purpose most closely to work

More than eight in 10 UK workers believe being unable to work because of...

Housing transactions rise in 2025 despite stamp duty reset and Budget nerves

UK housing market activity proved more resilient than expected last year, with transaction volumes...