Chase Templeton buys Wellbeing Health Insurance

Consolidator completes fourth deal of 2016

clock • 1 min read

Private medical insurance consolidator Chase Templeton has completed its fourth acquisition of the year with the purchase of Wellbeing Health Insurance.

The deal has seen the business acquire a book worth nearly £880,000 in annual premium income, of which 80% is generated by SME clients. Completion of this latest transaction follows last month's acquisition of Leeds-based Independent Health Services and January's purchases of Preston's Health Equity Solutions and Caledonian Health Solutions of Kelso. Wellbeing was owned by Graham Harfleet who is relocating to Scotland. Chase Templeton chief executive Warren Dickson said: "While not one of our bigger acquisitions, Wellbeing Health Insurance nonetheless brings another solid and valua...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Protection

Listen and learn: Protection must change how it communicates

Listen and learn: Protection must change how it communicates

'Maybe it's time we start to make fewer assumptions'

Kevin Carr and Alan Lakey
clock 30 April 2024 • 4 min read
Cognitive biases in advice and the psychology of insurance

Cognitive biases in advice and the psychology of insurance

A look into client decision making and its effects on protection uptake

Jaskeet Briah
clock 25 April 2024 • 5 min read
Aviva completes £460m acquisition of AIG Life after CMA delay

Aviva completes £460m acquisition of AIG Life after CMA delay

'It's disappointing to lose another protection insurer from the market'

Cameron Roberts
clock 10 April 2024 • 2 min read