Equipsme today announces that independent broker of the year, Clear Insurance Management, has joined its broker distribution panel.
Nick Skipper, Account Director of Employee Benefits at Clear, says: “We are delighted to be partnering with the team at Equipsme, which has developed an exciting proposition for SMEs in the healthcare space. This is an important area of growth for Clear where we can now offer our clients a cost effective solution.”
Equipsme Distribution Director, Gavin Shay, adds: “Clear is exactly the type of business that we’re looking to partner with. They’re an ambitious and progressive business that is always looking for new ways to help their clients find the cover they need to protect the health of their business. Working with businesses of all shapes and sizes, they understand their needs and are passionate about doing the right thing for their clients.
“And of course their spread of offices works really well with our regional distribution plan. Their London, Kent and Surrey locations are particularly important given the fact that a third of the UK’s businesses are in London and the South East. We think the combination of our product and their relationships should deliver great results for us both.”
Launched at the beginning of March, Equipsme – backed by AXA PPP – has created an affordable, easy to understand range of cover options ranging from £7 to £37 per employee per month. Employees can choose to upgrade their level of cover or add family members through their mobile devices.
Employee healthcare plans are a growing sector of the UK insurance market, as the NHS struggles to cope with an ever-growing UK population. Many companies can see the benefits of helping their employees maintain good health, plus obtain a rapid diagnosis, GP referrals and immediate treatment, rather than suffer delays which can cost the company money, and put the employee’s health at risk.
Established players like BUPA, CS Healthcare and Benenden are likely to face strong competition, as AI, wearable tech and online medical records open up the market to more agile rivals.