VP enters private medical market with acquisition of THIG
Venture Preference (VP) has launched into the private medical insurance market after buying The Health Insurance Group (THIG) in a deal which sees Venture Preference’s gross premium income exceed £500m.
THIG, which was purchased for an undisclosed sum, is a fast-growing independent UK private medical intermediary and a significant player in the health insurance market. Established in 2003, THIG has achieved rapid growth since then – now generating £45m of gross premium income. It is also the trading name of Independent Sales Force Solutions Limited (ISFS) and employs over 40 staff across its offices in Southampton and Sheffield. THIG will retain its full independence and will continue to trade
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