IMAS acted as the financial adviser to Skipton Building Society in connection with the disposal of medical insurance specialist The Private Health Partnership (“PHP”) to Punter Southall Health & Protection, a subsidiary of Punter Southall Group.

PHP is an award-winning medical insurance specialist which has grown to become one of the major independent providers of advice and broking services of private medical insurance and other protection policies to both retail and corporate clients in the UK.

Together with PHP, Punter Southall Health & Protection will have over 700 corporate clients and 7,500 SME and personal lines clients manage their health and protection programmes throughout the UK, advising on over £150m premium income.