PMI sector must innovate to remain viable

protection

The private medical insurance (PMI) sector must innovate if it is to continue to remain a viable sol...

The private medical insurance (PMI) sector must innovate if it is to continue to remain a viable solution for consumers, according to speakers at Laing & Buisson's annual Private Healthcare Insurance Conference. Recently, falling sales and rising premiums in the market have caused industry spectators to suggest the sector has a gloomy future. However, Stephen Flanagan, commercial director at Bupa UK Membership, dismissed this charge. Speaking at the recent conference, Flanagan hit back at critics about the future of the market. "Reports of the industry's death are indeed greatly exaggera...