AXA PPP healthcare

AXA PPP healthcare completes acquisition of Simplyhealth PMI business

Press Release   •   Aug 03, 2015 08:55 BST

Keith Gibbs, Chief Executive, AXA PPP healthcare said:

“Now that we have formally completed the acquisition of Simplyhealth’s PMI business, I am delighted that we are in a position to work with Simplyhealth’s PMI employees and distributors to ensure that customers continue to receive the excellent service they have come to expect while we transition their healthcare cover to AXA PPP healthcare.

“I am also delighted to welcome Simplyhealth’s PMI employees to the AXA family and I am sure that, by combining the strengths of the AXA PPP healthcare and Simplyhealth teams, we will be even better placed to provide excellent service and value to all of our customers.”

About AXA PPP healthcare

AXA PPP healthcare has been helping people to access healthcare services since 1940. Today it forms the UK healthcare arm of AXA and provides medical insurance cover and dental care for individuals and employers, and employee wellbeing, counselling, occupational health and rehabilitation services through its specialist Health Services division.  

About AXA

The AXA Group is a worldwide leader in insurance and asset management, with 157,000 employees serving 103 million clients in 59 countries. In 2014, IFRS revenues amounted to Euro 92.0 billion and IFRS underlying earnings to Euro 5.1 billion. AXA had Euro 1,277 billion in assets under management as of December 31, 2014. In 2014 Interbrand ranked AXA the 1st insurance brand worldwide for the 6th consecutive year.

In the UK AXA operates through a number of business units including: AXA Wealth, AXA Commercial Lines and Personal Intermediary, AXA Personal Direct and Partnerships, AXA PPP healthcare, AXA Ireland and an independent distribution business Bluefin. AXA employs over 10,500 staff in the UK.

The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISN FR 0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depository Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.

The AXA Group is included in the main international SRI indexes, such as Dow Jones Sustainability Index (DJSI) and FTSE4GOOD.

It is a founding member of the UN Environment Programme’s Finance Initiative (UNEP FI) Principles for Sustainable Insurance and a signatory of the UN Principles for Responsible Investment.