PMI sales double in the last year: ActiveQuote

144% year-on-year

John Brazier
clock • 1 min read

UK protection comparison website ActiveQuote records doubled PMI growth year-on-year.

The number of PMI policies sold by ActiveQuote.com has risen by 144% in the last quarter compared with the same period last year. On a regional basis, Wales recorded the highest growth within that time, with sales jumping 156%, followed by Northern Ireland at 153% and the West Midlands at 139%. Meanwhile, London and the Southeast of England have had the lowest take up, with sales climbing by 50% in the capital and 68% in the Southeast. London also saw the biggest decrease in its distribution share of overall sales, suggesting PMI is becoming more commonly acquired UK-wide. Over ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on PMI

Majority of UK adults note decline in healthcare standards
PMI

Majority of UK adults note decline in healthcare standards

YuLife report reveals the trends in UK healthcare

Sahar Nazir
clock 21 March 2024 • 2 min read
Insurance Premium Tax hits record £1.5 billion in February
PMI

Insurance Premium Tax hits record £1.5 billion in February

Reflects growing tax burden on households

Sahar Nazir
clock 21 March 2024 • 1 min read
Bupa renews deal for cancer care with GenesisCare
PMI

Bupa renews deal for cancer care with GenesisCare

Expanding provision of services for health insurance customers

Jaskeet Briah
clock 18 March 2024 • 1 min read