Chase Templeton wins international private medical insurance award
Palatine Private Equity portfolio company Chase Templeton, the leading private medical insurance (PMI) specialist has been named as the UK’s Best Group International PMI Intermediary.
The Darwen, Lancashire headquartered business was awarded the title by an independent panel of industry experts at the prestigious Health Insurance Awards 2016. It was also shortlisted in the Best Healthcare Trust Intermediary and Best Workplace Health & Wellbeing Intermediary categories.
Chase Templeton’s commercial director, Richard Holden, accepted the awards at a gala ceremony hosted at London’s Grosvenor Hotel. It is the third time the company has triumphed at the awards having been named as the UK’s Best Group PMI Intermediary in the 2014 honours as well as being awarded the accolade for Best Use of a Dental Plan at 2011’s ceremony.
“That Chase Templeton has now been named as both the best domestic and international group health insurance specialist speaks volumes about the quality of advice and service we provide to our business clients,” said Mr Holden. “It also goes some way to explaining why we are currently benefiting from significant organic growth. Our corporate PMI business is currently growing at a rate of some 100 percent year-on-year.”
The company’s latest award success comes as it continues to enjoy rapid growth. Founded in 2002 Chase Templeton is now one of the most significant players in both the individual and corporate PMI broking sectors, managing around £150m in premium income annually.
Whilst increasingly focused on organic growth the company continues to pursue an aggressive buy and build acquisition strategy. Since securing backing from Manchester finance house Palatine Private Equity in 2013, the business has bought over 60 brokers and books, with nine acquisitions already completed this year.
That growth has also seen the business create over 70 jobs in the past three years. The company now employs more than 120 staff at its Darwen headquarters, where its business health insurance division is based, and offices in Bridgwater, Somerset.