I've thought that too but believe that the quindell purchase was as much about consolidating market position and creating a network of businesses rather than just overseas expansion. I bet they would have like to purchase an insurance company as well!
Its sort of like PRY and the way they have GP clinic, radiology, pathology and allied health which all refer to each other and create more money for each department by doing so, and also guarantees referral.
SGH Price at posting:
83.0¢ Sentiment: Hold Disclosure: Held