Axa PPP buys Simplyhealth PMI business
Simplyhealth employees will transfer to Axa PPP under TUPE as part of the purchase.
Axa PPP has bought the private medical insurance division of Simplyhealth for an undisclosed sum.
Keith Gibbs, chief executive of Axa PPP healthcare, said: "With its well balanced, stable book of business, Simplyhealth's PMI business will be an excellent addition to AXA PPP healthcare, and this agreement has presented a rare opportunity to acquire a complementary business in the UK.
"Both companies share a commitment to offering outstanding customer service, supporting their local communities
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