Home Insurance BrightRock’s needs-matched products provide 32% more cover

BrightRock’s needs-matched products provide 32% more cover

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BrightRock provided an update on its individual life, group risk and funeral businesses’ performance, for the year ending 31 December 2021. BrightRock experienced an 11.35% year-on-year increase in annualised premium income in 2021. BrightRock reported a significant increase in claims, with the number of death claims in its individual life business increasing by 200% in 2021. According to the SwissRe Individual Volume Survey for 2020, BrightRock was able to provide clients with an average of 32% more cover for the same premium than the rest of the market.