business units. Closure of the Bancassurance arm was announced in April 2013. In 2016, Axa Wealth was sold to the Phoenix Group. Axa Health AXA Health sells private medical insurance in the UK and was known as AXA PPP Healthcare until 2020. It was previously the London Association for Hospital Services, set up in 1938 as a private healthcare scheme for people of middle income in London. It was incorporated in 1940 with assistance from the British Medical Association, the King's Fund, and the medical royal colleges. Guardian Royal Exchange Assurance bought it in 1998 for £435 million; a year later it was bought by Sun Life & Provincial Holdings, an Axa subsidiary. Axa Global Healthcare Axa - Global Healthcare has previously been known as Axa PPP International, Axa Global Protect or Axa Healthcare Management. In 2017, the subsidiary Axa - Global Healthcare became an independent Managing General Agent, selling and administering international health insurance products. While Axa Health provides insurance across the UK, Axa - Global Healthcare caters to those needing health insurance around the world. In 2018, Axa - Global Healthcare launched a Virtual Doctor service for its customers with outpatient cover and in 2020 offered it across all plans. Provided by Teladoc Health, it offers anytime access to medical advice by phone or video by doctors located around the world who speak more than 15 languages and is targeted at expatriates. Axa Ireland Axa established a presence in Ireland in 1999 when it bought British-based Guardian Royal Exchange, which had previously acquired PMPA. PMPA, Private Motorists Protection Association, was at the time one of Ireland's biggest insurance companies. It is the third-largest general insurer in the Republic of Ireland. Canada Axa Canada marketed insurance in Quebec, Ontario, Western Canada and Atlantic Canada. In 2009 it had a total of approximately 2300 employees and 4000 brokers and advisors. The head office was in Montreal, Quebec. In 2011 it was sold to Intact Financial Corp. for C$2.6 billion. United States The American arm of Axa is Axa Financial, Inc., which is known mainly through its subsidiaries such as Axa Advisors, Axa Network, MONY (formerly Mutual of New York), US Financial Life, and AllianceBernstein. The Equitable was acquired in 1991; the Mutual Life Insurance Company of New York (MONY) was acquired in 2004. On 15 December 2006 Axa Advisors entered into agreements with LPL (Linsco Private Ledger), the country's largest