Premex Group

Premex Group delivers independent medico-legal report services to support personal injury claims, leveraging an expansive network of medical experts and advanced technology to facilitate efficient claim resolutions. Founded in 1996 and headquartered in Bolton, UK, Premex Group specializes in the production of medico-legal reports. The company has undergone strategic changes over its operational history, with the latest significant event being a TRADE SALE to ExamWorks, LLC for GBP 65. 9 mn on May 1, 2011.

With a total of 2 deals, Premex has raised GBP 65. 9 mn in funding to date. Premex Services specializes in providing independent medico-legal reports, primarily aimed at supporting the resolution of personal injury claims. The company has developed a comprehensive offering that includes access to an extensive panel of over 3,600 medical experts who deliver expert medical opinions.

These reports serve various stakeholders in the personal injury sector, including solicitors, insurance companies, and unrepresented claimants, facilitating the gathering of crucial medical evidence required for claims processes. The company's services are enhanced by the use of advanced technology, ensuring the report procurement process is efficient and user-friendly. Premex Services operates predominantly within the United Kingdom, addressing the needs of clients across various regions, thus enhancing their ability to resolve personal injury cases effectively. In 2023, Premex Group reported a revenue of GBP 179.

01 mn, with an EBITDA of GBP 17. 04 mn. The company generates revenue through the provision of medico-legal reports, primarily commissioned by instructing parties such as law firms and insurance providers. The pricing model is structured around individual case assessments, with costs associated with obtaining expert opinions from the medical panel.

Given the high volume of cases managed, the revenue is driven by both the number of reports generated and the complexity of the cases involved, supporting the facilitation of over 2 million claimants throughout its 25 years of operation. Premex Group plans to enhance its service offerings by designing new products aimed at improving the efficiency of the medico-legal reporting process. The company is also exploring expansion into additional regions of the UK to better serve its clients, with targeted market outreach expected to commence within the next year. Recent funding from the TRADE SALE is anticipated to support these initiatives, facilitating growth and operational scalability.