PMI portals - Setting out your stall

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PMI brokers want efficiency, accuracy and security, so where is market support for a single portal providing access to all insurers? Alistair Sclare investigates

Successful competitive markets are efficient. They are characterised by the quality of service provided, the ease of communication between the various parties to any transaction, a reduction in mundane and repetitive tasks, their cost-effectiveness, the consideration each party gives to its trading partners and their compliance with whatever rules and regulations apply. Put simply, successful markets solve problems, not create them. Sad to say, the healthcare market – in particular, the intermediary sector of the private medical insurance (PMI) market – is not as efficient as it could...

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