Aviva Health UK has made a "significant" investment to secure a minority shareholding in rehabilitation firm HCML.
The investment in HCML's holding company Ballard Investment marked what HCML chief executive Keith Bushnell has described as a "pioneering joint development in the private medical insurance market". In a letter sent on Monday, Bushnell informed clients that Aviva's investment will enable the firm to offer a wider range of products in 2011: "Aviva Health is confident that HCML is the right partner to develop and deliver new innovative rehabilitation solutions for its current and future PMI customers." The two firms already work together through an employee rehabilitation initiative for...
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