Premier_Medical_Group

Premier Medical Group

Premier Medical Group

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Premier Medical Group is a UK company that provides expert opinions for the legal and insurance industries, related to when people have been involved in car crashes and work place accidents resulting in a personal injury.[1] The company currently employs 220 staff in three offices; Ludlow, Durham and Reading. The company was bought by Capita in 2010 for £61M.[2] Harry Brünjes bought back a majority controlling share in 2016.[3]

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History

The firm was formed in 1985 by Harry Brünjes, a clinician in Harley Street. Initially they performed medico-legal work for Russell Jones & Walker, Donne Mileham & Haddock and Healys Solicitors. In 1995, they won the national contract for the RAC which resulted in the necessity for a corporate identity.[citation needed] Subsequently, they obtained contracts with Groupama, A MMA, Norwich Union Rehabilitation, National Farmer’s Union, Co-op, Helphire and DAS.[citation needed] The firm developed a strategic relationship with the private healthcare group BUPA, and Brünjes was appointed Chairman of the Personal Injury Forum at BUPA.

Corporate activity

The company developed a strategy of consolidation in the medico-legal sector and diversification into medical screening and occupational health. It added other corporate clients to the portfolios such as SAGA, AA AA, Fortis, Budget, Liverpool Victoria LV and RBS (including Direct Line and Churchill), while maintaining close relationships with large solicitors such as Freshfields Bruckhaus Deringer, Lyons Davidson, Shoosmiths, Pannone, Russell Jones & Walker and Parabis and CTTS.[citation needed]

In 2008 the firm acquired its major competitor, Medico-Legal Reporting;[4][5] and acquired the assets of E-Reporting Group on a pre-pack agreement with KPMG.[6]

The business was sold to Capita for £61M in 2010.[7] Brünjes remained as Non-Executive Chairman after the sale.[8] At the same time, Brünjes became Group Medical Director to Capita. In January 2016 Brünjes bought back a controlling share of Premier Medical from Capita.[9] The business is now on three sites with operations in Ludlow and Durham. Finance is based in Reading. The company has completed a restructuring strategy and is growing both through organic and acquisition activity. In particular, Brünjes is now Chairman of WARP, a medical software technology company and part of the PMG Group.[10]

References

  1. [1]
    Gray, Sadie (2010-04-18). "74 Premier Medical". The Times. London. Archived from the original on 11 June 2011.
  2. [2]
    "Capita snaps up Premier Medical Group for £60 million in cash". Proactiveinvestors UK. Retrieved 2017-11-23.
  3. [3]
    "Litigation Futures Premier Medical returns to the medical reporting market - Litigation Futures". www.litigationfutures.com. Retrieved 2017-11-23.
  4. [4]
    "DMH Stallard acted for the shareholders of Premier Medical Limited to help create the UK's largest medical reporting business". Dmhstallard.com. 2008-03-03. Retrieved 2009-10-13.
  5. [5]
    "News Release Nomura International plc Nomura Private Equity facilitates creation of UK leader in medical reporting (PDF)" (PDF). Retrieved 2009-10-13.
  6. [6]
    Trueland, Jennifer. "Agency Collapse prompts warning about legal work." BMA News, p. 1. Sat. Nov. 29th 2008
  7. [7]
    "Capita snaps up Premier Medical Group for £60 million in cash". Proactiveinvestors UK. Retrieved 2017-11-23.
  8. [8]
    Matthew Caines (2017-05-15). "'What unites the disciplines I've worked in? Good communication'". Telegraph. Retrieved 2017-11-26.
  9. [9]
    "Litigation Futures Premier Medical returns to the medical reporting market - Litigation Futures". www.litigationfutures.com. Retrieved 2017-11-23.
  10. [10]
    "My new acquisition was time consuming but vitally important". Real Business. 2016-11-25. Retrieved 2017-11-23.
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