Glen Smith, managing director of Healthcare Partners, confirmed that he signaled his intention to leave the position before hearing about the launch of Biba's private medical insurance (PMI) scheme and that it was decided primarily due to health grounds.
Since the scheme's launch it has been criticised by many intermediaries for favouring one broker and product provider, Jelf and Axa PPP respectively.
However, Smith confirmed to COVER that despite suggestions otherwise, it was not the reason for his departure, instead saying it was primarily down to health grounds and secondly due to increasing work commitments.
He also registered some frustration with the process of building bridges within the broker community.
"I advised Biba that I wished to step down as chairman of the Health Insurance focus group prior to becoming aware of the announcement of the Biba-Jelf product launch," he said.
"I believed I couldn't give the role the drive and commitment it needs to really make a difference for PMI, especially for the smaller PMI specialist.
"In saying that, there are huge frustrations in trying to create a strong, unified voice within the PMI broker community, a voice that is representative of brokers both big and small, a voice that is not afraid to say what has to be said and confront the industry issues head on.
"Above all, a voice that is truly respected and listened to by all providers," he added.
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Is this really a story?
I have to say, I am somewhat surprised that this 'story', if it can be caled that, is being given so much mileage... People join and leave committee's like this all the time, for various reasons. BIBA is doing a sterling job, the health insurance industry is in a state of flux right now, and if the industry does not sort itself out - then the regulator will (to all of our detriment). Given that the FSA knows nothing about health insurance, those active in this business should be concerned, and rather than simply moan about things, get involved... with BIBA.
Posted by: Paul | May 24 2011
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