Company Health Insurance Company Private Health Service Reveals How You Can Benefit From The Sale of Groupama
Simplyhealth company has announced the purchase of specialist Small Medium Enterprise private medical insurance (PMI) provider Groupama Healthcare.The Groupama Healthcare copany will be rebranded to Simplyhealth within the next three to six months, subject to regulatory approval.
Private Health Service believe this is an opportunity for the health insurance sector to become more streamlined in their processor and have the ability for simply health to provide a more diverse product range to the market. François-Xavier Boisseau, chief executive at parent company Groupama Insurances, said the healthcare business had been “unable to achieve the critical mass required to ensure that our business consistently delivers the levels of profitability necessary to ensure its long term success.”
Group Versus Individual
Private Health service believes that as a company you will able to benefit from the Group Versus Individual benefit that this merger provides and gives an advantage to any current simply health individual client wanting to migrate over to the business brand.
Larger Market Provider
Private Health Service believes that moral and ethical standard that Groupama set in the market through having the policy of sharing claims data, a reform they argued was necessary in order to ensure transparency and competition in the market.Des Benjamin, chief executive at Simplyhealth, said: “By acquiring Groupama Healthcare, an award winning business, we have the opportunity to build greater presence in the small to medium business sector and grow market share. Following the completion of this latest acquisition we will join the UK’s top five health insurance providers.”
Private Health Service maintains offices in London and can be found on the internet at www.privatehealthservice.co.uk. They are positioned to provide continued health insurance that result in health clients in the UK. Private Health Service provides health insurance quotes for UK residents. They source the cheapest quotes and compare up to 200 health insurance plans for you.
For more information, visit their website: http://www.privatehealthservice.co.uk
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