AXA PPP completes Simplyhealth PMI acquisition

clock

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:

Chase Templeton acquires Get Private Ltd

Simplyhealth releases Everyday Health Tracker and Index

NHS changes could see cashplans expand - Simplyhealth


More on Insurer

CII warns restricted cover can damage consumer trust

CII warns restricted cover can damage consumer trust

“Consumers want confidence that the insurer will pay out”

Hemma Visavadia
clock 09 August 2022 • 1 min read
Holloway Friendly offers cost of living pause option

Holloway Friendly offers cost of living pause option

For up to six months

Hemma Visavadia
clock 05 August 2022 • 1 min read
Phoenix Group to acquire Sun Life UK for £248m

Phoenix Group to acquire Sun Life UK for £248m

Closed book UK life company

Jenna Brown
clock 04 August 2022 • 1 min read

Highlights

FCA gives three-month Consumer Duty extension for advisers

FCA gives three-month Consumer Duty extension for advisers

Deadline of 31 July 2023

Hemma Visavadia
clock 27 July 2022 • 5 min read
Meet the firm turning professional athletes into protection advisers

Meet the firm turning professional athletes into protection advisers

"You're only ever as good as your last game, but your next game could be your last"

Hemma Visavadia
clock 25 July 2022 • 5 min read
The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

The COVER Review July 2022: Protection & Financial Education, IPAW 2022 and Reviewing 2022 So Far

Now available for members to watch

John Brazier
clock 20 July 2022 • 1 min read