AXA PPP healthcare has completed its acquisition of Simplyhealth's private medical insurance (PMI) business.
The deal includes the Simplyhealth PMI office in Bristol and nearly all the 390 employees will transfer to AXA PPP healthcare.
Simplyhealth will continue to offer its cash plan and Denplan offerings, and continue its strategy of investing in "everyday health".
Keith Gibbs, chief executive at AXA PPP healthcare said: "Now that we have formally completed the acquisition of Simplyhealth's PMI business, I am delighted that we are in a position to work with Simplyhealth's PMI employees and distributors to ensure that customers continue to receive the excellent service they have come to expect while we transition their healthcare cover to AXA PPP healthcare.
"I am also delighted to welcome Simplyhealth's PMI employees to the AXA family and I am sure that, by combining the strengths of the AXA PPP healthcare and Simplyhealth teams, we will be even better placed to provide excellent service and value to all of our customers."
Further Reading:
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Simplyhealth releases Everyday Health Tracker and Index
NHS changes could see cashplans expand - Simplyhealth
