LEICESTER FIRM IN GOOD SHAPE AS FIRST HEALTHCARE CLIENT FOR RUSSELL SCANLAN
Aylestone-based Ratae PGI Limited is the first client to sign up to a bespoke healthcare insurance package arranged through Russell Scanlan’s new healthcare division.
Set up just a year ago, Ratae PGI Limited currently employs six staff and is a rapidly growing business that offers the UK’s first personal guarantee insurance product. This makes is easier for those wanting to start a new business to secure bank lending because they are now able to protect themselves financially should the business venture be unsuccessful.
Director Steve Thatcher was keen to add extra value to his employees’ pay package, and saw healthcare insurance as one way in which this could be achieved. “We’re a new business and as much as we’d like to, we cannot offer huge salaries. But we can offer incentives to look after our most valuable asset - our staff - and healthcare cover fitted the bill nicely.
“My focus has very much been to get the business up and running, so it was great to have the team at Russell Scanlan working on our behalf to negotiate the best package.”
Independent insurance broking and risk managing firm Russell Scanlan, based in Desford, launched its new healthcare division earlier this year in response to rising demand.
Other contributory factors included:
- increasing NHS pressures;
- the more recognised link between improved health and performance;
- Government’s move to introduce tax exemption on amounts of up to £500 paid by employers for medical treatment for employees; and
- a new approach by employers to employee benefits packages due to pension opt-in legislation.
Tony Hulatt – previously from Brokerbility Healthcare in Leicester – was appointed to head up Russell Scanlan’s healthcare division.
Speaking about the deal, he said: “We tested the market on Ratae PGI Limited’s behalf to find the best deal for the best price for their staff. That’s the beauty of our independent status – we offer an impartial and unbiased perspective – meaning we always go the extra mile to ensure value for money and the most comprehensive cover.”
Steve added: “As a local broker, Tony and his colleagues are extremely reliable and understand the importance of a personal service. It’s very reassuring to know that our staff can pick up the phone to chat through any issues as they arise.”
Ratae PGI Limited is aiming to write £30m of new business over the coming year. Visit www.pgicover.co.uk for more details about the business.
Russell Scanlan, one of the regions longest established and largest independent risk management and insurance brokers, continues to secure its success by developing expert status in a number of specialist market sectors. The business offers services ranging from cyber-crime protection to products developed for sectors including heritage and museum through to leisure and micro-brewing.
Russell Scanlan has a wide-reaching and loyal customer base across the East Midlands and the whole country. The firm specialises in corporate, small business, private clients and specialist sector insurance. For further information, visit www.russellscanlan.com .
For further press information please contact Isabel Jones at Eden PR on 0115 958 8850 or Isabel@edenpr.co.uk .
NOTES TO EDITORS
Russell Scanlan was established in Nottingham in 1881 by Patrick Scanlan, where it has been based ever since. The company’s Nottingham office is located on Wellington Circus in the City centre. Over the years, Russell Scanlan has developed and prospered, and following a successful management buy out in 2007, it expanded into Leicester, opening an office two years later on the outskirts of the City in the Desford area. The firm currently employs 35 staff across its two offices in the Desford area of Leicester and in Nottingham.
