Advisers 'extremely disappointed' at Groupama sale

Its sentiments have been echoed by other brokers who are concerned at the reducing pool of providers now operating in the private medical insurance (PMI) market. However the body believes a shrinking number of providers can provide opportunities for advisers and hoped that Simplyhealth would continue Groupama's good work. Andrew Tripp, chairman of the Association of Medical Insurance Intermediaries is particularly worried about the impending sale of the group PMI specialist. "Our initial reaction is extreme disappointment that a quality provider with a focus of claims transparency,...