Engage Mutual has acquired Provincial Hospital Services Association (PHSA), a not for profit specialist in health cash plans and private medical insurance.
Engage Mutual entered the health cash plan market in 2008 following an agreement of partnership with Wakefield & District Hospital's Contributory Scheme.
The acquisition of PHSA is part of Engages long term strategy to increase its presence in the healthcare market.The deal will add 13,000 new customers.
Engage Mutual's chief executive, Andrew Haigh, commented:"We welcome PHSA customers and staff to an established and growing organisation which has a dedicated customer centric approach they will no doubt be familiar with, and we look forward to continuing with the same high standards. "
Customer numbers at the mutual have increased for each of the past 12 consecutive years and following the acquisition of PHSA now number 457,000.
