A rosy looking future

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The UK private medical insurance (PMI) sector has being going through a tough time in recent years, so perhaps, writes Owain Thomas, it is time for healthcare intermediaries to take a look at the bigger international picture

In most industries a market with a global potential of 58 million customers would seem to be a no-brainer. So it is even more surprising that the international private medical insurance (IPMI) sector is such a niche among brokers. However, with much of the world freeing it self of the economic shackles more readily than Europe and the USA, there are certainly signs of growth already occurring. That is not to say it does not have its issues, as all industries will, but there is a feeling among most protagonists that these are by no means significant enough to restrict IPMI into stagnation...

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