BW SIPP enters growth phase under new CEO & more…Keep up with what has been happening this week in our latest IP news round-up…

Standard Life complete buyin for Sedgwick Section of MMC

Standard Life, part of Phoenix Group, completed a £1.9bn Bulk Purchase Annuity transaction with the Sedgwick Section of the MMC UK Pension Fund last month. The sponsoring employer, Marsh McLennan, is a global leader in risk, strategy and people. Mercer, who acted as the lead broker on the transaction, is a business of Marsh McLennan.

BW SIPP enters growth phase under new CEO

Nick Cooper has been appointed CEO of BW SIPP, marking the next chapter in the business’s growth journey following a significant operational and technological transformation. With over 30 years of industry experience and a key role in developing our new SIPP360® platform, Nick’s leadership brings fresh commercial focus and strategic continuity.

WTW and Klarity collaborate to boost insurance underwriting accuracy by harnessing wearable health technology

WTW, a leading global advisory, broking, and solutions company, and Klarity, a UK-based health data analytics firm, are working together to help life insurers improve pricing accuracy by integrating wearable technology and data into their underwriting processes.

First Actuarial adds healthcare to its employee benefit services for employers

First Actuarial has launched a healthcare benefit service, to help employers meet workforce expectations for private medical cover.

ICW Group promotes Iva Yuan to Chief Actuary, Head of Reserving, Pricing, and Product

ICW Group Insurance Companies, a group of property and casualty insurers offering a range of commercial insurance products nationwide, has promoted Iva Yuan to the role of Chief Actuary, Head of Reserving, Pricing, and Product.