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.
The awards are now in their sixth year and were presented at the BVCA Summit in London on 6th October 2016. It is the only event in Europe that celebrates responsible investment practices within the private equity and venture capital space.
Beth has driven Palatine’s ESG efforts for a number of years and has helped the firm’s portfolio to see how ESG matters can bring business improvement, better risk management and competitive advantage. She was the first ever individual to take home the ‘Outstanding Individual Contribution’ award and was also praised for being a huge advocate for responsible investment within the industry.
The latest accolade builds on Palatine’s achievements in the ESG space after a series of other BVCA award wins over the past few years, including ESG Engagement with Portfolio Companies and the Demonstration of an ESG Framework.
The judges’ commented: "Beth was recognised by the judging panel as very visible in the field of responsible investment, with a strong leadership exercised both internally at Palatine and externally in the private equity community. The fact that she was nominated by someone outside of the BVCA membership, especially by one of Palatine's investors, was also very significant."
Jeremy Lytle, Chairman of the BVCA’s Responsible Investment Committee, said: "Congratulations to an outstanding set of winners who once again demonstrate how private equity and venture capital is leading the responsible investment agenda. A special mention to Beth Houghton of Palatine, whose pioneering work in the field makes her the clear winner for the outstanding individual contribution, a new category for this year."
Gary Tipper, Managing Partner at Palatine Private Equity said: "I am delighted by Beth’s award. Having not entered the main awards this year it was a welcome surprise that Beth won this new award for Outstanding Individual Contribution to ESG. It is well deserved for her hard work and determination to make Palatine best in class when it comes to ESG matters. We are determined to continue to develop Palatine’s ESG approach which we believe adds value to our portfolio companies."
Leading holiday price comparison site, icelolly.com, has teamed up with licenced bedding specialist, Character World, to provide 60 sets of bedding to the children’s ward at the Yorkshire-based hospital. Character World makes bedding, curtains and other goods featuring brands such as Lucasfilm, Marvel and Disney.
Over the last 12 months, icelolly.com has dedicated the majority of its fundraising efforts to the Children’s Heart Surgery Fund, the organisation that supports the heart unit at Leeds General Infirmary. This includes regular fundraising events for staff to get involved with such as bake sales, cocktail afternoons, quizzes and team games.
The Children’s Heart Surgery Fund helps young people born with congenital heart defects, providing support to the children and their families as well as funding vital equipment, research projects and training staff.
Andrew Latham, CEO at the UK’s leading holiday comparison site icelolly.com, said: "We have been avid supporters of the Heart Surgery Fund and have seen first-hand the extraordinary care that is provided to children and their families during really difficult times. We are very grateful to our friends at Character World as the new bedspreads have completely transformed the ward with some of the children’s best-loved cartoon characters."
Andy Lees, Partner at Palatine Private Equity, said: "As a responsible investor, we place great emphasis on environmental, social and governance issues, so it is fantastic that two of our portfolio companies are collaborating to get behind such a worthy cause. We are always looking at ways to give back to the local community and the generosity from the team at Character World will certainly have a positive impact on the kids."