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April 21, 2015 5:20 PM ET

Insurance

Company Overview of The British United Provident Association Limited

Company Overview

The British United Provident Association Limited provides healthcare services, support, and advisory services. It offers personal and company financed health insurance and medical subscription products; workplace health, home healthcare, health assessments, and long-term condition management services; and chronic disease management services comprising health coaching services, as well as respite care and telecare, and care management and analytic services. The company also operates nursing and residential care for elderly people; dental centres that provide a range of preventive and specialist treatments, including general dentistry, dental examinations and hygiene treatment, and cosmetic de...

Bupa House

15-19 Bloomsbury Way

London,  WC1A 2BA

United Kingdom

Founded in 1947

79,000 Employees

Key Executives for The British United Provident Association Limited

Chief Executive Officer, Executive Director, Member of Medical Advisory Panel and Member of Nomination & Governance Committee
Age: 57
Chief Financial Officer and Executive Director
Age: 49
Managing Director of UK and North America Operations
Age: 54
Managing Director of UK Health Insurance Business
Compensation as of Fiscal Year 2014.

The British United Provident Association Limited Key Developments

The British United Provident Association Limited Reports Preliminary Earnings Results for the Year Ended December 31, 2014

The British United Provident Association Limited reported preliminary earnings results for the year ended December 31, 2014. For the year, the company reported revenue of £9.8 billion, up 8%; up 15% at constant exchange rates. Underlying profit before taxation flat at £637.8 million, up 8% at CER. Statutory profit before taxation was up 18% to £609.2 million. Cash flow from operations was £984.0 million against £582.9 million a year ago.

Bupa Announces Group Earnings Results for the Year Ended December 31, 2014

Bupa announced group earnings results for the year ended December 31, 2014. For the year, the company reported a boost in gross insurance premiums from £6.8 billion in 2013 to £7 billion in 2014. Revenues from insurance service contracts rose to £42.7 million from £13.5 million the year prior.

Bupa Announces Changes to the Board of Directors

Bupa announced the appointment of Clare Thompson to its Board as a Non-Executive Director. Clare will also Chair Bupa's Audit Committee from 1 July 2015. Clare was a Partner at PricewaterhouseCoopers (PwC) from 1988 until 2011. Whilst Clare was at PwC, she held several senior and high profile roles, including within the insurance sector. Clare is a Non-Executive Director on the Direct Line Group Board and the Board of Retail Charity Bonds plc, a Non-Executive member of the Board of Miller Insurance Services LLP, as well as being Honorary Treasurer for the Disasters Emergency Committee (DEC). Clare's appointment comes as two long serving Bupa Board Members step down - George Mitchell and John Lorimer. George joined the Board in May 2007, and has been Senior Independent Director since May 2013. He will officially step down at the 2015 AGM (14 May 2015). John has been a member of the Board since July 2011. His tenure will end on 30 June 2015.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
January 5, 2015
Max Bupa Health Insurance Company Limited
 

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