Member Article

Liverpool-based Medicash report record year of trading

Liverpool-based healthcare cash plan provider Medicash has reported a record year of trading for its 2014 annual accounts.

The company reported an increase in earned premiums from £20.7m in 2013 to £21.8m in December 2014.

Increases in policyholder numbers, premiums and customer satisfaction levels have all contributed to Medicash’s strongest overall financial performance to date.

A string of high profile new business wins boosted sales of corporate policies signficantly. These included large employers such as global construction giants AMEC, leisure operators Tenpin, the employment charity Shaw Trust and the Yorkshire Building Society.

Chief executive Sue Weir said: “2014 represents the fifth consecutive year of record trading results for Medicash and the figures reflect the hard work and commitment of our 85 strong team in Liverpool.

“Medicash has continued its strategy around investment in innovation and product development.

“Maintaining our focus on IT and technology has also resulted in us being able to provide individuals and employers with quality, affordable healthcare solutions and services that meet people’s personal and business needs.”

This was posted in Bdaily's Members' News section by Sophia Taha .