Friends Life is to consolidate its individual protection propositions onto a single platform for all new business.
It will do this using the platform from the life assurance business recently acquired from Bupa.
Friends Life is the new organisation which brings together the UK operations of Friends Provident and the life assurance businesses acquired from Bupa and AXA UK.
The company will continue to manage its three existing individual protection propositions and aims to consolidate the range under the Friends Life by the end of 2011.
Trevor Matthews, CEO of Friends Life, said: “We announced in February our intention to consolidate all of our individual protection business onto a single cost effective platform and we are confident that using the model from the recently acquired life assurance business of Bupa as the building block is the best way forward.
