Annual Report and Accounts 2006

Expertise

Expertise that really sets us apart

In-depth understanding of opportunities and risks in our chosen markets create a powerful proposition for customers and shareholders.

John Pollock

Group Executive Director (Protection and Annuities)

Topping the tables

Last year, Legal & General was recognised in the media as the
leading protection provider in the UK.

In January, Legal & General was awarded Best Life Assurance Provider by Professional Adviser magazine, and Best Service Provider at the Lifesearch Protection awards in February.

April heralded the Financial Adviser Life & Pensions Awards where we won Life Assurance Provider of the Year, Protection Provider of the Year and Term Assurance Provider of the Year.

On to September and the Moneyfacts Investment, Life & Pensions Awards, where Legal & General won awards for Best Protection Service and Most Competitive Term Assurance IFA Provider.

In October, Legal & General won Protection Provider of the Year from Bankhall Financial Services and in November Best Mortgage Related Insurance Provider from “Your Mortgage”. The final awards of the year were first place for Term Assurance and first place for Critical Illness at the Financial Adviser Service Awards

Best life assurance adviser
Best



Life Assurance Adviser

Fast track underwriting academy

Legal & General’s medical underwriting team is the largest in Europe, and is continuing to expand and develop through the Company’s partnership with Cardiff University.

The University now offers an Underwriting Academy tailored to meet the needs of the company. This has allowed Legal & General to create a fast track course to train new underwriters and expand the skills and knowledge of its existing underwriters and medical claims specialists. Courses were designed with input from Professor Mansel Aylward CB, Chief Medical Adviser, Medical Director and Chief Scientist to the Department for Work and Pensions, and enable Legal & General specialists to interface with teams of eminent clinicians and academics.

Expertise image 2
3m



Annuitant years of experience

Annuities – mortality data

Legal & General’s expertise in pricing annuities is driven by our in-depth understanding of mortality trends and rates. We have over 3,000,000 annuitant years of experience, and arrive at a highly informed understanding of mortality based on analysis of over twenty variables. The result is accurate, differential pricing of annuities which reflects street-by-street differences in life expectancy. Proof of our dedication to detail.

 

 

 

 

 

 

 

© Legal & General Group Plc 2007