HCF Leads Sale of SecureHealth Ltd to AXA PPP Healthcare
Haslers Corporate Finance (HCF) recently reported the sale of SecureHealth (Holdings) Limited to AXA PPP Healthcare, the UK healthcare arm of AXA, one of the world´s leading insurance and investment management companies. (Transaction Value — undisclosed)
The transaction, led by HCF, provided an ideal exit for the founding shareholders and exciting opportunities for the management going forward under the AXA PPP umbrella to continue to grow the SecureHealth brand.
Founded in 1996, SecureHealth is one of the major success stories in the field of private medical insurance in recent years. SecureHealth now covers over 100,000 people and their innovative, pro-active attitude has changed the face of private medical insurance in the UK. One in every ten individual plans sold today is now a SecureHealth plan and its PMI book is in excess of £39 million.
SecureHealth will continue to operate on a business as usual basis as a separate brand, offering its distinctive range of healthcare products to individuals and to small and medium sized enterprises.
Keith Gibbs, Chief Executive of AXA PPP healthcare said: “I am delighted that we have brought together the distribution reach of SecureHealth and the medical expertise and customer service skills of AXA PPP healthcare. This merger will allow us to deliver an improved service to a greater number of customers!”
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