Medicash broker commissions surpass £1m

Medicash paid over 400,000 claims in 2018 - 96.8% of all received - and its total policyholders covered increased to 244,589 last year. Its annual results also revealed that 66% of all new business came via an intermediary, with broker commissions surpassing £1m for the first time - a total of £1,069,000. The cash plan provider's premium income rose by 7.5% to reach £27.5m and over 69,000 were sold in 2018. "We are delighted with these results which reflect the hard work of everyone in the business," said Medicash Finance and IT Director, Andy Roberts. "2018 represented our eighth ...