
Premier Choice Healthcare
Independent health insurance and employee benefits brokerage.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Acquisition | ||
Total Funding | 000k |
GBP | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | (6 %) | 82 % |
EBITDA | 0000 | 0000 | 0000 |
% EBITDA margin | 15 % | 15 % | 32 % |
Profit | 0000 | 0000 | 0000 |
% profit margin | 12 % | 3 % | 24 % |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Premier Choice Healthcare (PCH) is an independent health insurance and employee benefits brokerage firm based in the UK. Founded in 1996 by Stephen Clark, who currently serves as a Non-Executive Director, the company operates with the goal of finding suitable and cost-effective health insurance solutions for its clients. PCH is led by Managing Director Johnny Main, who joined the company in 2003 as a sales consultant and was appointed to his current role in 2021.
The firm offers a wide range of services, including private medical insurance, group risk benefits, and business protection. PCH caters to both individual and corporate clients, providing advice and sourcing policies from a diverse panel of insurers. The business model is based on brokerage commissions, earning revenue from the insurance providers for the policies placed with them. This allows PCH to offer its advisory services to clients without a direct fee.
In a significant development, PCH was acquired by Brown & Brown, a U.S.-based insurance brokerage firm, in July 2022. This acquisition positions PCH within Brown & Brown's retail segment and is intended to expand its footprint in the UK's health and benefits market. The deal was overseen by GRP (Global Risk Partners), which had previously acquired PCH in 2020. Despite the acquisitions, the PCH brand and its leadership team, including Johnny Main, have remained in place to continue managing the business operations.
Keywords: health insurance, employee benefits, insurance brokerage, private medical insurance, business protection, group risk, corporate healthcare, individual insurance, benefits consulting, insurance advisory
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Investments by Premier Choice Healthcare
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