Large Corporate

The large group market is a very specialised area of insurance and this is the reason we employee some of the best technicians in the industry. Given that the large corporate market is generally designed for schemes of more than 100 employees, whereby the premium is dictated by the level of claims the group makes, nothing is more important than understanding risk and how to mitigate premium increases.

Healthwise have proven track record of negotiating with insurers to obtain the correct level of premium for the risk, our sales team have all worked for insurers and know how to assess the risk, which makes life difficult for insurers. We have built our own pricing module which takes into account of all these factors and draws upon years of experience of how the two leading insurers price your scheme.

Do you know how your scheme is performing?

Whenever we talk to a prospective client we ask the same question, “how is your group performing” some say “very well” but have no idea and others are honest and say “they have no idea”. The large corporate insurers are essentially acting as bank account for you and want roughly 25% of the premium to cover its overheads; the remaining 75% is to cover claims costs. If you don’t know as of today how your scheme is performing against budget then you should be taking to Healthwise.

Our clients know every month how the scheme is performing so they have no hidden shocks at renewal, we pro actively manage each account and work with you to keep costs down, however we are in a minority. The graph above is a live account and if you spoke to that client they could tell you that the scheme is performing well under budget – can you do the same?

Back office support

Healthwise is passionate about its service proposition and has a proven track record of providing a first class service to its clients over many years. We believe that the support should be ongoing, not just in the build up to renewal and for this reason we provide a “Service Guarantee.” The guarantee means that we state from day 1 what you can expect from us, if we don’t adhere to those targets we pay you a financial penalty.

Problem solving

If you have a problem either with either a claim or an administration issue, simply park the problem with us and our team will endeavor to find a solution. Insurers unfortunately do make mistakes and in these circumstances it’s nice to know you can count on Healthwise dedicated claims team who will happily talk to medical professionals and your insurer to find an amicable solution. This is the true value of support to help clients when things go wrong.

Fees or commission

We are happy to work either on fee or on a commission basis with our clients and will discuss the advantages or disadvantages of each method of payment with you.