General Insurance Article - Employers urged to revisit the basics of GIP services


Quantum Advisory is encouraging employers to go ‘back to basics’ with their Group Income Protection (GIP) arrangements - particularly when reviewing the additional support services often included as part of these schemes.

 Graham Yearsley, Principal Consultant at Quantum Advisory said: “As businesses continue to navigate the challenges of workforce wellbeing and long-term employee absence, many may not realise that a number of leading Group Income Protection (GIP) providers offer embedded early intervention and rehabilitation support within their standard offerings at no additional cost. These services are specifically designed to help employees return to work smoothly and efficiently after periods of ill health, while also supporting employers in managing absence more effectively. For organisations that adopt a proactive and robust absence management strategy, these efforts are often looked upon favourably by GIP providers when reviewing scheme terms.

 “However, despite the clear benefits, these services remain hugely underutilised. Many employers are either unaware they exist or unsure how to integrate them in a meaningful way into wellbeing or absence strategies. Sir Charlie Mayfield’s recent Keep Britain Working report highlighted that preventing people from falling out of the workforce is just as important as encouraging them back in. Early intervention is key to achieving this, and the tools are often already embedded in existing GIP policies. It’s crucial that employers understand what’s available, evaluate how these services are currently being used, and look for opportunities to integrate them more fully into their people strategies. With the right approach, these services can not only enhance workforce wellbeing but also support long-term organisational resilience in today’s evolving workplace landscape.”
  

Back to Index


Similar News to this Story

Ocean Maelstrom: Navigating the climate storm
Ocean risks are assessed as severe and worsening yet remain a major blind spot in conventional economic and financial analysis. Ocean disruption could
Home insurance price falls speed up due to new entrants
Quoted home insurance premiums fell 2.2% in the three months to September 2026, the fastest quarterly fall this year, according to the latest Consumer
Cyber-attacks on supermarket fridges and freezers
William Altman, Director of Cyber Threat Intelligence Services at CyberCube, comments on the 2nd wave of cyber-attacks on supermarket fridges and free

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.