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Axa PPP Healthcare

From Wikipedia, the free encyclopedia

Axa PPP Healthcare Limited
Limited company
IndustryHealthcare
Founded1938
HeadquartersTunbridge Wells, Kent
Key people
Tracy Garrad, Chief Executive
ProductsHealth insurance, private medical insurance
Websitewww.axappphealthcare.co.uk

Axa PPP Healthcare is a UK private medical insurance provider, and is part of the Axa group of companies.[1]

History

Axa PPP Healthcare was originally known as the London Association for Hospital Services, set up in 1938 as a private healthcare scheme for people of middle income in London.[2][3] The company was incorporated in 1940 with assistance from the British Medical Association, the King's Fund, and the medical royal colleges.[4] By 1960, it had grown to approximately 121,000 members.

Guardian Royal Exchange Assurance acquired PPP healthcare in 1998 for £435 million and were subsequently themselves acquired by Sun Life & Provincial Holdings, part of the Axa Group, one year later.[5]

Operations

The company has its headquarters in the town of Tunbridge Wells in Kent, England, and is the town’s largest private sector employer.[6]

Axa PPP Healthcare provides individual private medical insurance for individuals and business as well as employee assistance programmes. Its regional offices include Leeds, Leicester and Glasgow, and from May 2015, Bristol.

In 2009, Axa PPP International was created, catering for the expatriate international health insurance market.

In March 2012, the company acquired the Bournemouth-based specialist online private medical insurer Health-on-Line.[7]

In May 2015, the company acquired Simplyhealth's private medical insurance (PMI) business.[8]

In September 2016, the company acquired Age UK's personal alarm service.[9] The personal alarm service was renamed PPP Taking Care in April 2017.[10]


References

  1. ^ "Axa PPP Healthcare | Company Profile from Hoover's". Hoovers.com. Retrieved 26 November 2013.
  2. ^ "Axa PPP Company History". Pacificprime.com. Retrieved 26 November 2013.
  3. ^ Barrett, Sam (30 August 2011). "Buyer's guide to private medical insurance | Buyer's guide". Employee Benefits. Retrieved 26 November 2013.
  4. ^ The Committee Office, House of Commons (21 July 1999). "House of Commons - Health - Appendices to the Minutes of Evidence". Publications.parliament.uk. Retrieved 26 November 2013.
  5. ^ "Guardian Royal Exchange - market intelligence". Ukbusinesspark.co.uk. Archived from the original on 3 December 2013. Retrieved 26 November 2013.
  6. ^ http://www.tunbridgewells.gov.uk/__data/assets/pdf_file/0009/15939/FINAL-120601-Tunbridge-Wells-DIRECTORY-2012-.pdf[permanent dead link]
  7. ^ "Axa bolsters healthcare business with Health-on-Line acquisition". Post Magazine. 13 March 2012. Retrieved 26 November 2013.
  8. ^ "Simplyhealth sells PMI business to Axa PPP". Cover Magazine. 13 May 2015. Retrieved 7 April 2016.
  9. ^ "Age UK sells its personal alarm care business to AXA's healthcare branch". City A.M. 9 September 2016. Retrieved 10 January 2020.
  10. ^ "Aid-Call Limited Renamed as PPP Taking Care Limited". PPP Taking Care Ltd. 5 April 2017. Retrieved 10 January 2020.

External links

This page was last edited on 10 January 2020, at 11:03
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