Bucking the trend

Phil Taylor, managing director at Preferred Medical, bucks the trend in more ways than one. He initially qualified as an accountant but decided to make a u-turn and set up Preferred Medical – a private medical insurance (PMI) advisory firm – in the mid-90s. And contrary to the rest of the PMI market, which has continued to experience stagnant sales, Preferred Medical has seen sales grow over the past few years. Now, with business blooming, Taylor says it was always his intention to grow. "We've got to a point where the business has a critical mass and is growing every year," he says. The ...