Two acquisitions for GRP-owned Premier Choice Healthcare
Premier Choice Healthcare, the health insurance intermediary owned by GRP, has announced two acquisitions; Mosaic Health and PNMCO.
Both operate in the health insurance space and PCH is buying the portfolios of clients for both businesses.
Mosaic Health has been an appointed representative of PCH since 2015. The business is based in Witney, Oxfordshire, and founder Anne Cullinan is to retire following completion.
PNMCO Limited was owned by Paul Mills, a healthcare consultant trading under the PCH brand since 2005, and will also be stepping away from his role following completion.
Both portfolios of clients consist of consumer PMI and SME health policies.
Darren Perkins, PCH sales director said the deals strengthen PCH’s customer reach and brings both portfolios under direct control.
“We have worked well with both Paul and Anne, and it’s great that we have been able to help them create value from their work. We wish them well for the future.”
Integration
He explained that both portfolios will be integrated into PCH and Equity Health Solutions, the specialist consumer division of PCH. “Moving forward Paul and Anne’s clients will be looked after by PCH and EHS consultants, and they can expect the same high standards of service as they received previously.”
These acquisitions follow PCH deals to acquire Equity Health Solutions in November 2021, and Amba Care & Wellbeing in February this year.
Stephen Hough, PCH managing director, said: “We intend to continue to grow inorganically alongside our organic growth, and remain keen to talk to businesses and individuals looking to retire or wishing to partner with us to further grow their businesses.” He continued to say “It is fantastic to be able to provide a vehicle for entrepreneurs to grow their own business, under the guidance of PCH, and have a simple exit strategy with financial rewards.”
GRP bought Towcester-based PCH in 2020. This year GRP became part of Brown & Brown Group as part of a deal valued at £1.48bn.
For all the latest industry news direct to your inbox, sign up for our daily newsletter.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk