Lumley has completed the first phase of its accident and health portfolio review and lifted its embargo on new business for the individual accident and sickness product.

A review of the group accident and sickness product continues and should be completed later this year. Renewal on existing policies remains on offer.

Lumley has spent the past three years working on a remediation process and restructuring portfolios, and the bulk of that work is now complete.

CEO John Nagle will outline his vision for the future in the October edition of Insurance News magazine.