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Onlyinsurance to launch online PMI product


 A new online private medical insurance proposition is to be launched by aggregator Onlyinsurance.com.


The company plans to introduce a proposition that aims to offer customers the best deal on a variety of PMI products from its extensive panel of providers.


The PMI offering will be the latest addition to its existing portfolio of insurance products, and follows a predicted rise in demand for PMI over the next few years.


Ian Hall, head of personal lines at the Only Group, says: “We’ve already got a diverse panel of providers for the product launch with some popular products offered from leading names such as Bupa, AXA-PPP healthcare and Freedom Healthnet. The market for PMI is set to grow significantly over the next few years, especially with NHS waiting lists ever increasing. Onlyinsurance.com aims to be at the forefront of this emerging market with its comprehensive panel of providers which will ultimately provide affordable alternatives to the NHS."


Onlyinsurance.com’s forthcoming online facilities aim to enable the company to offer the cheapest rates available on the market in the quickest time possible.


The Only Group has been offering a wide range of financial products and services since it was established in 2005, and is rapidly becoming one of Europe’s fastest growing internet-based companies.


Private medical insurance: News update: Oct 2007