Discovery has outlined some of its plans for Standard Life Healthcare and its integration into the PruProtect and PruHealth camp.
According to Herschel Mayers, chief executive officer of Discovery Life and PruProtect, the approval process is with the FSA at the moment and the intention is that that would be obtained on the first of August. He says: "The attributes of the two companies are complementary. We believe we will end up having a very powerful company offering healthcare and protection in the UK. From a size perspective the market share would be about 10% to 11%, making us the third or fourth largest healthcare provider in the UK. This gives us a great platform for developing products and taking our core p...
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