PMI market 'static in the face of economic and political uncertainty' - LaingBuisson

The UK market is currently worth £4.83 billion, according to the 14th Edition of LaingBuisson's Health Cover market report. Brexit had created economic and business uncertainty, and the rise in Insurance Premium Tax (IPT) in November 2015, pushed up cover prices, both impacting the UK PMI market.  This follows a "buoyant" 2015 when two large corporates extended medical cover to their entire employee population - the first significant growth since years of decline after the recession of the late 2000s. LaingBuisson said there was small (0.6%) growth in corporate medical cover polici...