Freedom Health Insurance establishes own insurer

clock • 1 min read

Freedom Health Insurance completed the establishment of its own insurer, Freedom Health Cell within Advent Insurance PCC Limited in March 2016.

 The new insurer, Freedom Health Cell within Advent Insurance PCC Limited, will be effective from 1 April 2016.

Alistair Sclare, managing director, Freedom Health said: "This is a very positive development for Freedom Health Insurance, our supporting brokers and their clients.

"Having our own insurer means that Freedom's long-term security will continue to be strengthened and the very favourable effect on our cost base will help facilitate more competitive premiums for clients.

"We also expect to enhance our agility as a result of this development allowing us to improve our products much faster in future and continue our focus on providing excellent customer service to brokers and their clients."

Sclare continued: "Clients will carry on enjoying the same high levels of service and Freedom products will continue to be backed by A-rated reinsurers giving brokers and their clients the ongoing stability they expect.

"Combined with recent investments into our infrastructure and our growing team of health insurance professionals, the establishment of our own insurer gives us a huge step up towards the achievement of our ambitious business goals."

Further reading 

PMI Handbook 2016 is published for advisers

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