If you are not selling international PMI then your competitors are. However, as Edward Murray explains, this is a rewarding market
The UK private medical insurance (PMI) market has hardly been a hotbed of growth in recent years, leaving intermediaries with the unenviable task of trying to develop their businesses in what is ultimately a shrinking pool. The latest figures from independent market analyst Laing & Buisson highlight the issue and find that the market had contracted by almost 5% during 2009. This is not surprising given the parlous state of the economy and the decision by many to downgrade or even cut their cover altogether. Commenting on the research, author of the report Philip Blackburn, said: “The ...
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