Published on 14/03/2012
AXA UK has completed its acquisition of health insurance provider Health-on-Line.
AXA PPP healthcare has underwritten for Health-on-Line and handled its claims since 2005.
Today, AXA said the acquisition demonstrated a ‘concerted bid’ to grow the private medical insurance market by attracting new market entrants.
AXA PPP chief executive Keith Gibbs said Health-on-Line is closely aligned with two “core areas” of the organisation’s strategy.
He said: “First, as an online business, it bolsters our multi-channel approach to customers, which is vital to sustaining and growing profitability in this arena. Secondly, it opens up a new and growing area of the private healthcare market for us.”
© ActiveQuote Ltd. 2012Categories: Health Insurance Company