Norwich Union Healthcare now has three quarters of a million customers with private medical insurance and income protection cover.
Norwich Union Healthcare now has three quarters of a million customers with private medical insurance and income protection cover.
The company has reached this milestone thanks to a period of growth in the corporate market, successful targeting of first- time buyers for PMI, and a restructuring of intermediary support services.
There are now 619,000 customers covered by NUHC PMI policies, the rest having income protection.
NUHC managing director David Rogers said: “We are delighted to have achieved this success, which reflects a great deal of hard work by all our staff, the competitiveness of our products, and the strength of our relationship with intermediaries.
“We have seen continued growth in the corporate market for both income protection and PMI, and we have had particular success in this area with our Optimum service for large group PMI.
“The restructuring of our intermediary sales force has worked very well in providing intermediaries with what they need.
“And last year’s merger with CGU has provided us with wider opportunities to grow our customer base.”
- Media contact - Louise Zucchi at Norwich Union Press Office on 08703 666860
Notes to Editors
- Norwich Union Healthcare was founded in 1990 as the healthcare arm of Norwich Union and now provides a range of income protection and private medical insurance products to around 750,000 customers. It is one of the largest providers of income protection and private medical insurance in the UK.
- Member of the General Insurance Standards Council
- CGU and Norwich Union merged on 30 May 2000 to create CGNU plc - the UK's largest insurance group and one of the top-five life insurers in Europe with substantial positions in other markets around the world, making it the world's sixth largest insurer based on gross worldwide premiums.
CGNU's principal business activities are long-term savings, fund management and general insurance, with worldwide premium income and retail investment sales from ongoing business of over Ł27 billion and assets under management of more than Ł200 billion.
From October 2000, the combined life and pensions, general insurance and retail fund management businesses in the UK operate under the Norwich Union brand, while the institutional investment business operates under the Morley Fund Management brand.
- Norwich Union’s news releases are available on this internet site.
- A selection of images are available from the CGNU Newscast site at www.newscast.co.uk.
For life and pensions enquiries 08703 666873
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