Help Me Compare Group (HMCGL) was founded in 2009 by Richard Theodossiades and has 132 staff members. It manages premiums totalling £60 million. HMCGL has a vast range of clients from individual consumers to multinational corporations.
Mike Dalby, Managing Director of UK Consumer life and Health at Howden commented: “This acquisition comes at a crucial time. Over the past 12 months, we’ve seen a 46% surge in interest from individuals seeking private medical insurance to speed up their access to diagnosis and treatment. By bringing HMCGL (ActiveQuote) into our fold, we are perfectly positioned to meet this growing demand.”
Glenn Thomas, CEO and Global Practice Leader of Howden Employee Benefits, said: “HMCGL is a well-respected group with strong expertise, an outstanding reputation, and a great team that we have known for a long time
“We are therefore delighted to welcome CEO Rob Saunders, and their highly experienced team into Howden. This acquisition reflects our ambition to grow the UK consumer health insurance market under Mike’s leadership.”
Rob Saunders, CEO of HMCGL, said: “After 15 years of independence, growth, and development, becoming part of Howden is a significant step in our growth journey – both for our people and our clients. Howden was the only company we wanted to join and together we will provide enhanced solutions for our clients.”
The news follows a string of acquisitions this year including Allianz’s UK musicall insurance book in the last fortnight.
