Specialist Private Medical Insurance and employee benefits for businesses, helping organisations invest in employee wellbeing, improve productivity, and strengthen their employee value proposition.
Specialist Private Medical Insurance and employee benefits for businesses, helping organisations invest in employee wellbeing, improve productivity, and strengthen their employee value proposition.
Specialist Risk Group (SRG) works with employers to design and manage company Private Medical Insurance solutions tailored to their people and priorities. Our strong insurer relationships and consultative approach enable us to deliver flexible cover, competitive terms, and ongoing support, helping organisations enhance employee wellbeing while maintaining control over cost and benefit design.
Employee health and wellbeing have a direct impact on productivity, absence levels, staff retention, and overall business performance. Without effective healthcare support in place, employers face increasing exposure to operational disruption, prolonged absence, and rising people-related costs.
Delays in diagnosis or treatment can extend time away from work, reducing productivity and increasing operational pressure.
Employees increasingly expect access to Private Health Insurance from businesses as part of a competitive employee value proposition. In today's world, employees expect a package of benefits that will support them and their families.
Organisations without meaningful employee benefits may struggle to attract and retain skilled employees. They may also be exposed to unmanaged prolonged absenteeism.
Rising healthcare costs and inconsistent claims experience can make unmanaged schemes difficult to sustain without specialist guidance.
Supporting employees working across multiple locations or internationally adds complexity to healthcare provision.
Employers must balance comprehensive cover with financial control, particularly during periods of growth or economic uncertainty.
We arrange Private Medical Insurance for businesses of all sizes and sectors, including:
Our approach is tailored to each business we work with. Typical covers we look at for hospitality businesses include:
Health assessments, early detection programmes, and preventative care to support long-term employee wellbeing.
Support for everyday healthcare costs such as dental, optical, and physiotherapy.
Confidential mental health, wellbeing, and personal support services.
Financial support for employees unable to work due to long-term illness or injury.
Death-in-service benefits providing financial security for families.
Lump-sum payments following serious illness diagnoses.
Private Medical Insurance for business provides employees with faster access to diagnosis and treatment, rehabilitation, supporting wellbeing, productivity, and reduced absence across the organisation.
The terms are often used interchangeably. Both Private Medical Insurance and Permanent Health Insurance generally refer to cover for diagnosis, and the cost of treatment such as medical expenses and support. PHI is the cost to the employer of prolonged health related absence, for example, covering the income of an employee who is off work due to stress or cancer for a long period, instead of the colleague being on Statutory Sick Pay (SSP). This also allows the business access to the cost of balance sheet.
Not always, however, small businesses are often more dependent on their loyal workforces and key workers. Having one or two people off work for an extended period can have a more pronounced effect as a result.
Private Medical Insurance schemes are arranged by an employer for groups of employees and are usually more flexible and cost-effective than individual policies.
Costs typically depend on workforce size and age profile as well as benefit design. Most Private Medical Insurance for business can be tailored to balance cover and budget.
Yes. Business Private Medical Insurance is often structured with different levels of cover for different roles, seniority levels, or locations within the organisation.
Yes. Private Medical Insurance is usually treated as a benefit in kind for employees, which is often considered when employers design benefit structures.
As organisations expand, recruit, or restructure, Private Medical Insurance arrangements are typically reviewed to ensure they remain appropriate for the workforce.
Yes. Faster access to diagnosis and treatment through Private Medical Insurance can help employees return to work sooner following illness or injury.
Yes. Many employers combine Private Medical Insurance with wellbeing programmes, EAPs, health screenings, and income protection to create a broader health and benefits offering.
Business Interruption insurance can protect income and ongoing costs following insured events, allowing your business to continue operating while issues are resolved.
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