Norwich Union Healthcare today revealed plans to make Solutions available to companies covering two to nine employees meaning that business of any size can now benefit from the price and benefit flexibility usually only available to large corporate clients.
Norwich Union Healthcare today revealed plans to make Solutions available to companies covering two to nine employees meaning that business of any size can now benefit from the price and benefit flexibility usually only available to large corporate clients. Solutions was previously available to companies covering 10-249 employees,
The introduction of Solutions 2-9 completes Norwich Union Healthcare’s ambition to introduce benefit flexibility across their whole PMI product range, and means that intermediaries can now tailor the most appropriate corporate benefits package from one comprehensive product.
Mark Noble, head of intermediary sales at Norwich Union Healthcare said, "The success of Health Solutions for the individual market, and the ongoing appeal of solutions for 10-249 employees, convinced us that a comprehensive core product with options to pick and choose extras is what the market needs. Now we’re responding to the demand by broadening its availability to companies with two to nine employees. We believe solutions leads the way in modular private medical insurance propositions. The introduction of Solutions to schemes covering two to nine employees will complete our ambition to make flexible PMI available to all Norwich Union Healthcare customers.
Solutions 2-9 product includes a comprehensive set of core benefits and a selection of additional benefits that the employer has the option to choose from. They can add extra benefits or select from a range of cost containment options and can also mix-and-match the options to fit best with their company structure, their company’s needs and current benefits. This modular approach enables employers to create an affordable healthcare proposition adapted to their needs and budget.
To support the launch of solutions there is a promotional campaign aimed at intermediaries and a new suite of literature, this will be followed by a campaign aimed at corporate customers.
Further details regarding the launch will be announced in September.
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Notes to editors:
- Norwich Union is the UK's largest insurer. It is the UK’s largest providers of life, pensions and investment products and one of the leading Financial Adviser (FA) providers. FAs provide around 75% of the company's long-term savings business in the UK.
- Norwich Union has strategic alliances with building societies and other leading UK brand names including Tesco Personal Finance and The Royal Bank of Scotland group.
- Norwich Union’s news releases and a selection of images are available from Aviva's internet press centre at www.aviva.com/media.
Norwich Union Healthcare
- 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 that cover over 800,000 lives. It is one of the largest providers of income protection and private medical insurance in the UK.
- Norwich Union Healthcare is authorised and regulated by the Financial Services Authority and is a member of the Association of British Insurers and the Financial Ombudsman Service.