Globality Health to withdraw from UK market

International private medical insurance (IPMI) provider Globality Health has decided to pull out of the UK market in light of the compliance challenges posed by Brexit. From 11 January, Globality Health stopped quoting any new UK IPMI business or renewal terms with start dates from 1 May onwards. The firm said all existing policyholders will remain fully protected until the policy's renewal date - should an illness or injury happen while they are living or working overseas. The insurer said the move - which is expected to take until the middle of 2021 to complete - will allow it to...