With over 5.5 million1 SME businesses operating in the UK and just 14.5%2 of those businesses holding a health insurance product in 2022. The opportunity to grow this market segment is significant in a more health-conscious world post pandemic.
And despite difficult economic circumstances facing the SME business population, AXA Health has continued to see our SME client population grow, with the total number of policies sold and total lives covered growing by c.10%. Also, nearly 50% of the SME business written by our . . .
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