Legal and General  

L&G to slash protection paperwork

This is expected to launch in the UK soon, and works by allowing the user of a smartphone to take a selfie, which gauges age, gender and BMI, and provide a rough idea of the cost of cover.

"It is pretty accurate", said Mr Holweger. "It is trying to make insurance engaging and by making the process of purchasing cover simpler, we can then talk more about the benefits of insurance."

Article continues after advert

simoney.kyriakou@ft.com