News from MorganAsh
Press releases from MorganAsh and coverage in the media about us, our products and services.
Employees’ well-being in COVID-19 lockdown or isolation – what’s actually happening
Since March 2020, when full lockdown was implemented in the UK, there has been growing speculation about the current and long-term effects on people’s health – and how this will affect both the individual’s well-being and the functioning of the workplace.
Update on Care Fees Plan portal (INA)
While clearly this is a challenging time for the care community, we are pleased to report the success of the CFP portal in processing quotations.
Lack of general practitioners’ reports should not stall protection policies
Driven by the pressure put on the healthcare system by the COVID-19 crisis, the UK’s insurance industry, led by the Association of British Insurers, recommended that insurers reduce or cease the number of general practitioner reports being requested. This creates an obvious issue, since obtaining a general practitioner report is still often a key step in issuing some insurance policies.
Timely introduction of digital portal - streamlines Care Fees Plan quotes
MorganAsh, leading provider of support services for the financial sector, has launched a new digital portal to modernise the data gathering and application processes for Care Fees Plans.
Generali Employee Benefits UK partners with MorganAsh to offer Care Navigator service
Generali, a provider of Group Risk products to UK-based multinationals, has extended its partnership with MorganAsh, a leading provider of care and tele-health solutions, to add the MorganAsh Care Navigator service to the range of employee benefits it offers to UK companies.
MorganAsh launches new vulnerability assessment service for later-life lenders
MorganAsh, a leading provider of tele-health and fintech solutions, has launched a new service to help banks and building societies ensure they meet regulatory requirements around the treatment of vulnerable customers.
MorganAsh makes ‘Innovating for Ageing’ shortlist
MorganAsh is one of twelve companies selected for the shortlist for the Innovating for Ageing awards.
MorganAsh launches crisis support service for insurance policyholders
MorganAsh, a leading provider of telehealth and fintech solutions, has launched a new nurse-staffed crisis support service for insurance policyholders.
MorganAsh launches life expectancy report service to help advisers with DB transfers
MorganAsh, a leading provider of health and underwriting services to companies in the financial sector, has launched a new life expectancy report service to help financial advisers making recommendations on defined benefit (DB) pension transfers.
MorganAsh launches new services to help pension schemes calculate liabilities
MorganAsh, the leading specialist in medically underwritten mortality studies (MUMS), has expanded the range of services it offers to help pension schemes calculate their liabilities more accurately.
Forecast pension deficit reduced by 11% after medical underwriting
Builders merchant JT Dove has reduced its forecast pension deficit by 11% after commissioning medical underwriters to re-examine mortality calculations.
MUMS know best: Hogg Robinson mortality study slashes liabilities
B2B services provider Hogg Robinson Group has undertaken a medically underwritten mortality study of its UK pension scheme members, shaving £68.4m off its liabilities.
MUMS saves £68m – Hogg Robinson announces £68.4m saving in financial accounts
Hogg Robinson announces a £68.4 million saving, due to the MUMS exercise with MorganAsh.
Winners – life insurance innovation award – the Life Insurance International awards – 2016
The Life Insurance International awards were announced on 17 November 2016 at a gala dinner in London. MorganAsh won the ‘Most Innovative Actuarial/Risk Consultancy Services Provider of the Year’ category – for the use of big data in MUMS and MUBA service.
Guide for trustees on medically underwritten bulk annuities created by industry working group
A working group of industry specialists has published an impartial guide to help trustees and others understand the use of medical underwriting in bulk de-risking solutions for defined benefit schemes.
Launch of e-signature process to speed up GPR reports
MorganAsh introduced an e-signature process for the consumer’s approval of the AMRA (Access to Medical Records Act) consent form, a process previously undertaken using paper and a ‘wet signature’.
Johnston Press saves £50m on pension deficit – 10% saving on £500m pension scheme
The news was announced to the stock market on 3 February and resulted in a 13% increase in the company’s share price – and coverage in national media.
BSW Timber MUMS project delivers £5m saving – first company to complete both MUBA and MUMS projects
MorganAsh believes it is the first company to use medical underwriting for both an insurance transaction and for valuation purposes, a MUBA and a MUMS project.
MorganAsh assesses over £2bn of pension assets
MorganAsh’s medical underwriting reaches £2bn of pension liabilities, with over 50 schemes evaluated.
Next steps for medically underwriting in pensions
The CASS Business School, in association with the Pension Institute, has just released its report on the progress of medical underwriting for bulk annuities.