Discovery Holdings of South Africa has released short term plans as it complete the acquisition of Standard Life Healthcare, boosting PruHealth to one of the UK's larger private medical insurance (PMI) providers.
The provider now gives cover to 700,000 lives and has a market share of 11%. It is now the fourth largest UK PMI provider. The company says full integration will roll out over the coming months and a product suite building on the best of the current PruHealth range and the range previously offered by Standard Life Healthcare will be launched later this year. There will be no changes to broker arrangements during this time: Existing policies will not change; Broker and customer service will be provided as before; Account management and sales support structures across PruHealth and prod...
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