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Jonathan Brown announced as new chair of Medicash

Leading health cash plan provider Medicash has announced that Jonathan Brown who joined the Medicash Board in December 2020 will take over the role of chair, subject to regulatory approval.  It comes as Lord Field of Birkenhead steps down after 18 years of service, ten of those as chair. by Paula Pereira | Thursday 5th August 2021

Brown has over 30 years of experience as a corporate lawyer. Operating out of Hill Dickinson’s Liverpool office, he specialises in all forms of the mergers and acquisitions market, including IPOs, development capital and joint ventures. He has acted for a wide variety of clients and has excellent experience in a wide variety of industry sectors.

Brown currently sits on the boards of Derwent Lodge Estates and PHD Industrial Holdings Limited, whilst also being the Chair of law firm Hill Dickinson LLP and Praetura Group, a financial services investment and lending business. During his career Brown has helped transact the sale of Swinton Insurance N.I. to Abbey Insurance Ltd and acted for Stobart Group in the acquisitions of many businesses including James Irlam & Sons Ltd and London Southend Airport Company Ltd.

Brown said: “I am very excited to be appointed chair of an organisation that has over 150 years of history and heritage, and at a time when it continues to grow and innovate within its marketplace. I’m taking over the reins when the business is in a very strong position and I look forward to continuing to help shape the firm to keep meeting the future needs of our customers.”

Despite the pandemic, 2020 was a record-breaking year for new sales at Medicash with over 97,000 new policies sold, a 7% increase compared to the previous record.  The first half of 2021 has been equally strong with over 54,000 new policies sold by 30 June, meaning that Medicash now covers over 325,000 policyholders across the UK.  70% of all new business in 2020 came from companies who previously had no health cash plan in place.

Sue Weir, chief executive of Medicash said: “We are delighted that Jonathan has accepted the role of Chair. He brings with him considerable expertise and experience which will be invaluable to Medicash as we look to continue the growth of the business.  I would also like to thank Frank for the significant contribution made during his role on the board, including the last ten years as chair.”

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