PMI market still waiting for APRIL UK update

It has been 10 days since APRIL UK released an official statement announcing its withdrawal from the UK private medical insurance (PMI) market and still no update, despite the insurer's promise of ‘support' to brokers and clients during the exit. As a result, a number of questions remain unanswered. Aside from natural concerns regarding the state of APRIL UK's book of business and the reasons for the decision, perhaps most pressing concern is if there is another insurer willing to take on existing policies. Intermediaries are still seemingly in the dark about what sort of guidance the...