Bupa to sell UK Individual Protection and Group Risk Business

The sale, which will see BHA become part of Friends Provident, is subject to regulatory approval. Friends Provident may also introduce Bupa Healthcare to its distribution channel. Bupa said the decision to sell BHA reflects Bupa's intention to focus on its healthcare businesses. Dr Natalie-Jane Macdonald, Managing Director, Bupa Health & Wellbeing, the parent company for BHA, said: "Our decision to sell is based on strategic fit. The sale will allow Bupa Individual Protection and Bupa Group Risk to benefit from belonging to a company with a strong focus on both protection and risk. Im...