Health Shield continues growth plan

clock

Health Shield has seen its premium income and membership continue to grow over the last year.

As part of its growth a new IT system will be introduced during the year including a new broker portal, updated members' area and improved management information. The cash plan provider, which is taking part in the COVER Breakfast Briefing, announced earned premiums rose 6% to just under £23m in 2010 with 43,909 new members joining. This took its overall membership base to over 120,000 and was its highest ever annual increase, replacing the previous year's 40,311. The friendly society is in the middle of a five year business plan which it hopes will see it reach 200,000 members by ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Cashplans

Medicash unveils plan including unlimited NHS dental cover

Medicash has launched a new corporate health cash plan including unlimited NHS Cover, access to Best Doctors and direct payment of PMI excesses.

clock 21 February 2012 •

Simplyhealth buys Denplan for £115m

Simplyhealth has bought dental cash plan provider Denplan from Axa for £115m.

clock 20 December 2011 •

Bupa joins individual dental cover market

Bupa has introduced its first consumer dental insurance product.

clock 19 December 2011 •