Health insurance provider Premier Choice Healthcare (PCH) has acquired the portfolio of Sussex-based SJA International for an undisclosed sum.
Trading as SJA Health Insurance, it specialises in health products for businesses and individuals in the UK and abroad.
This marks PCH’s first M&A deal since being sold to Global Risk Partners (GRP) in June 2020.
Following the acquisition, SJA’s business will be integrated into Premier and managing director Andrew Leach will stay on in a consultancy role for an interim period.
Claire Ginnelly, managing director at PCH, said: “We have a clear brief to accelerate growth and this deal demonstrates our commitment to deliver on that.
“There is significant opportunity in the healthcare sector, and we will continue to seek out books of business like this one that are the right fit to help us grow our market footprint.”
Stephen Ross, head of M&A at GRP, added: “When we acquired PCH we were confident that they would quickly find more opportunities for us and SJA Health Insurance’s portfolio gets us off to a great start.
“Our aim for the healthcare market is to mirror the acquisition success we have had in UK retail commercial broking, allowing us to expand our overall proposition to offer both new and existing clients a suite of healthcare products alongside our existing services.”