John Hunt

Solving tomorrow’s challenges starts with a diverse view of your business. https://lnkd.in/eqKGN9E4 #WTWPerspective #WorkTransformation

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The coverage for IVF and egg freezing has been rising for the past few years and, in 2025, 35% of employers will cover men’s fertility testing. In our new report, we discuss the pressure on healthcare budgets, and how employers are targeting spend carefully to ensure long-term value. #health #healthcare #benefits

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Insurance Sector Employee Benefits Benchmarking Are you looking to provide clarity on how your firm aligns to existing market practice and identify any gaps in your employee benefits provision? Aon invite you to participate in an exclusive survey for the Insurance sector so you can gather benchmarking information on your employee benefits strategy. 💬 Register and complete the UK Survey here: https://aon.io/4cRI6b2 #AonUK #Insurance #EmployeeBenefits #HR #HRLeaders #BetterDecisions

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Insurance Sector Employee Benefits Benchmarking Are you looking to provide clarity on how your firm aligns to existing market practice and identify any gaps in your employee benefits provision? Aon invite you to participate in an exclusive survey for the Insurance sector so you can gather benchmarking information on your employee benefits strategy. 💬 Register and complete the UK Survey here: https://aon.io/4cRI6b2 #AonUK #Insurance #EmployeeBenefits #HR #HRLeaders #BetterDecisions

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This is an excellent post by my colleague, Jeff Gee. There is often a lot of “noise“ around private equities, involvement in healthcare, both for good or for ill. I do believe, however, the well this trend is currently slowing, I do not see the appetite for good healthcare opportunities drying up. If nothing else, the inherent risks associated with healthcare are now better understood by private equity investors, and the general marketplace. Ask either HUB International’s Healthcare Specialty Practice or our PE Practice team, lead by Chris Veber and Liz Yarger. We can jet light on these opportunities through wealth of experience and industry knowledge. #privateequity #healthcare #hubinternational

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*** UK Financial Conduct Authority Post Implementation Review - Travel insurance signposting rules consumers medical conditions *** Travel insurer purchase paths could always be better in ensuring that customers understand the coverage they have and don't have. 🧨An area of particular contention is coverage for pre-existing conditions. 🧨 The implications for an individual can be personally and financially catastrophic if they have a medical incident in a high cost country. 🧨 They may not get the medical attention they need or will have to pay a significant price which can be in the millions for serious injuries or in the tens of thousands for less serious injuries. Governments have a strong interest in ⭐ensuring their citizens are protected when they travel around the world ⭐ to reduce the impacts on the embassies and consulate networks around the world in managing injured or unwell uininsured individuals and ⭐also to educate citizens that when they travel they don't have the safety net government health care they have in their home countries The FCA introduced rules aimed at ✅ reducing the number of uninsured consumers, ✅ lower travel insurance premiums for customers with more serious preexisting conditions and ✅ increase consumer confidence and trust in the travel insurance  The attached report by the UK regulator ⭐ assesses the effectiveness of rules, introduced in April 2021 as part of Policy Statement (PS20/3) ⭐ that made insurance companies direct higher risk consumers with pre-existing medical condition to specialist providers. The findings: ✅ the signposting rules had a positive impact on the market with an estimated 21,000 additional policy sales were attributed to the intervention though lower than the 32,600 expected. ✅ £100 medical condition premium trigger point for signposting was found to be too low, with travellers with minor conditions being signposted to the specialist directories ✅ potential to highlight to consumers single trip cover may be easier to source for their conditions than annual cover ❌ Concerns around commissions being a percentage of premium without an absolute cap suggesting a fair value issue for consumers ❌ identified 10% of firms either didn't comply or should have made things clearer ❌ travel premiums have generally increased in the face of higher costs ❌ the pandemic and the withdrawal of the UK from the European union were identified as reasons for withdrawal of underwriting capacity ❌ some firms gamed the specialist directory by having multiple brands of the same underwriter giving perception of choice #travelinsurance #travel #insurance ASIC Financial Conduct Authority https://lnkd.in/gP4mhMpX

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As midsize UK companies face an increasingly complex risk landscape, we expect cell captives to become more popular https://ow.ly/nEBw50SZwyj #ASmarterWayToRisk #CaptiveInsurance #Captives #RiskManagement #WTWPerspective

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Emma Wood has been speaking to Mia Wallace at Insurance Business UK on how the UK health insurance market is evolving at pace. As coverage expands beyond essential healthcare, Emma and her team are committed to implementing meaningful benefits plans and preventative care for our customers. Read more about the market evolution in this article. #healthinsurance #UKmarket #preventativecare

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How employees experience work is critical in the partnership with their employer. Thriving businesses recognise this following the pandemic turning point, as the EVP takes centre stage https://ow.ly/sCQQ50SQesp #EmployeeExperience #EmployeeBenefits #WTWPerspective

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✔️ Gallagher UK's Benefits and HR Consulting division is making big strides, but what makes a business like ours tick? 🚀 Hear from our leaders, in the below video, as they share their insights as to what drives our success. #employeebenefits #people #HR

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Thanks to Marsh and specifically to Hema Mistry for giving me the opportunity to take on a new challenge within the firm. How do we bring the best of Marsh's expertise to help our clients to thrive? And how do we help more businesses and leaders to navigate an ever-evolving risk landscape? Those are the questions on my desk this morning....challenge accepted! #Marsh #financiallines #insurance #professionalindemnity #directorsandofficers #riskmanagement

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🧪🤝 Is your Life Science business considering a merger or acquisition during the coming year? Join Gallagher UK and Timothy M. Stead from the corporate practice at Squire Patton Boggs, at our webinar on 3 July to hear about what’s currently being witnessed in the M&A market and factors to consider in your own transactional planning, including: ✔️ The evolving M&A landscape, including the rise of cross-border deals, the impact of technology and #digitaltransformation, and the growing importance of environmental, social, and governance (#ESG) considerations. ✔️ How deal structures are changing how to effectively navigate these trends to maximize value and achieve successful outcomes ✔️ The key drivers and challenges in M&A transactions ✍️ Register here: https://lnkd.in/eYbu4KJQ #lifesciences #mergersandacquisitions

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#EVP is the acronym that is seems to be getting a lot of attention from brand and marketing folks in the London Insurance Market right now. Interesting to note in the wider world that employees researching a company's brand before applying has grown from 50% to 75% in 2022 and 2023 respectively* 92% of employees consider leaving their current jobs if another company has a better reputation (based on 2023 data)*. I'm looking forward to discussing these topics and more at the upcoming Employer Brand breakfast and also seeing who is performing in the latest Insurindex London Market Employer Brand Index, powered by Gracechurch Ben Bolton David Melvin The Insurer Spencer Halladey Andy Stone •source seenit.io 2024.

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Some InsurTechs have begun to turn to a solution that, just a few years ago, many had never even heard of, let alone considered. This solution is assessment - specifically, psychometric trait assessments. Psychometric assessments offer evidenced based ability and behavioural profiles of individuals. They can be used for recruitment and selection, for team development, or for talent development to improve team dynamics and reduce founder conflict. In the context of a fast-growing InsurTech scaleup, using assessment allows teams to get a sense of the skills gaps in their management team, as well as any potential behavioural gaps. If the team is unbalanced in any direction, assessment will help to uncover this fact, and take action to correct it. It can be a great way to help mitigate the risks of hiring the wrong person. In an economy where competition for top talent is fiercer than it has been for years, and in a sector like InsurTech where hiring the wrong talent can mean the difference between success and failure, there is a strong argument for using assessment. If you need support navigating the changing recruitment landscape and secure top talent in the Insurance industry, contact us today. #Adapt #Evolve #InsurTech #Recruitment #Hiring

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People who spend an average of two hours or more per week in nature are more likely to report being in good, or very good, health. So, following the inspiring efforts of our teams who completed the Healthy Cities Challenge earlier this year, I’m delighted to now see thousands of colleagues in BGIUK and Group already walking 6,000 steps or more (or equivalent wheelchair pushes) every day through June! Our lifestyles and the environments in which we live can have a huge impact on our health, from the air we breathe, the buildings we live in, the green spaces we have access to, and the way we travel. At Bupa, through the Healthy Cities challenge we’re creating a movement to get our people, customers and communities active, and in return, we will invest in projects to turn our cities into healthier homes for people. Bupa, has committed to spend £2 million on projects that can restore and regenerate the natural environment in urban areas, so, for example in Australia, Bupa has committed to spend £750,000. With every app download we’ll donate £20 to environmental charities that are helping to make our cities and communities healthier, by improving local green spaces, creating forest schools, or starting community allotments across the UK and Ireland. Increasing the quality and access to urban greenspace is recommended in the 2022 Global Report of the Lancet Countdown and the IPCC Climate Change 2022 report, to moderate temperatures during hot periods by providing cool and shaded areas, and to promote active travel and physical activity. So, what are you waiting for? If you are already involved, keep getting out there and making a difference. And if you are not yet participating, download the ‘Healthy Cities’ app and participate in the UK’s 6,000 step challenge during June or keep an eye out for when the Challenge starts later this year in your country! Search 'Healthy Cities' in your App or Play Store to download now. #HealthyCities2024

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That’s two insurance broking leaders I’ve met this week who have said the exact same thing…. In Scotland, there’s a lack of Executives in the commercial broking space really interested in new business. Would you agree? With all the consolidation and succession planning going around, there is of course a place for inheriting clientele and playing a servicing role. But with more and more Executives falling into this bracket, its diluting the market and steering more and more Executives away from the new business side. If you take a look around the market, almost all the Execs and Owners who have successfully had a big payday of late are all those who have rolled their sleeves up and either built a business or book from the ground up. And whatever way you cut it, you cant really expect those rewards if you don’t build something for yourself. Ok so say you are ambitious and do want to build something to be proud of… What’s your options? Set up your own brokerage? Nope 💀 AR route? Maybe, but you’re on your own.👋 But here’s another way… And this will see you employed by an independent insurance brokerage who can pay you a base salary of up to £80,000 p/a plus a Long Term Incentive Plan (LTIP) which can be worth up to £450,000 in as little as 5 years. Yes, you need to put in some hard yards. 🤜 Yes, you need to roll the sleeves up. 💪🏼 Yes you need to have confidence that you can go and win business.🤑 But unlike these broking owners who took a risk and remortgaged their houses – you are employed in the safety of an established business benefiting from full broking, claims and admin support. I know there’s a few mavericks out there in Scotland who have the ability to really sit head and shoulders above your peers. And if that’s you, ping me a message and I can give you more info on this unique opportunity. 07487706391 / [email protected]

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As midsize UK companies face an increasingly complex risk landscape, we expect cell captives to become more popular https://ow.ly/g1IM50SWTJT #ASmarterWayToRisk #CaptiveInsurance #Captives #RiskManagement #WTWPerspective

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New Study Shows UK Employers Continue to Prioritise #EmployeeBenefits Despite Intense Cost Pressures A new research report, ‘Benefits Design Research 2024’ from Howden Employee Benefits & Wellbeing and the Reward & Employee Benefits Association (REBA) reveals that cost is the number one factor driving decisions around employee benefits and wellbeing strategies in UK businesses. Read now on iPMI Global: https://lnkd.in/dvD8GyKg

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