PMI industry must change tack to avoid further consolidation, says Pruhealth

Time for change - stopwatch on white background

Reacting to the recent acquisition of Groupama Healthcare by Simplyhealth, Dave Priestley, sales director at Pruhealth, said: "The SME PMI market is contracting. Insurers and brokers continue to leave the market. It's a tough, competitive market and it's heading in the wrong direction and at a time when the NHS is under pressure, the market should be growing."

Mr Priestley claimed a reason for this was that small firms' perceived value of the traditional PMI product had not kept pace with

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: