Groupama is set to sell its healthcare arm to Simplyhealth to concentrate on general insurance.

Groupama chief executive François-Xavier Boisseau said the insurer decided to sell Groupama Healthcare because it had not achieved the critical mass or profits it wanted.

“We concluded that it would be beneficial to identify a new owner with the scale and resources necessary to offer the support required to build on the progress we have made," he added.

Simplyhealth chief executive Des Benjamin said: “By acquiring Groupama Healthcare, an award-winning business, we have the opportunity to build greater presence in the small to medium business sector and grow market share."

Groupama Healthcare will be rebranded to Simplyhealth within three to six months as part of the deal.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.