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Groupama aiming for eighth position after Clinicare deal

Groupama expects to become the eighth-largest healthcare insurance provider in the UK with a gross w...

Groupama expects to become the eighth-largest healthcare insurance provider in the UK with a gross written premium of over £60m following its acquisition of Clinicare from French mutual insurer AZUR GMF.

The purchase was formally completed on 9 November for an undisclosed sum and has been approved by the Financial Services Authority.

Groupama proposes to integrate its two healthcare operations into a single business that will trade from the existing Clinicare offices in Letchworth, Hertfordshire

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