PPP Lifetime Care is set to create 80 jobs and is moving its office to Bristol.
The expansion is in PPP's core business of long-term care provision and will boost its staff to 210.
PPP spokeswoman Cassie Allen said the company is moving from Stratford-upon-Avon, Warwickshire, to be closer to its parent company Axa which is based in Bristol.
She said: “Axa is keen for PPP's staff to transfer to Bristol where its IFA broker consultants are based. This will enhance Axa's strength in broker distribution.” The move should be completed by June 2000.