International Medical Group Acquires ALC Health

India - English

News provided by

Mar 02, 2017, 07:00 ET

INDIANAPOLIS, March 2, 2017 /PRNewswire/ -- International Medical Group^® (IMG^®), a leader in global benefits and assistance services, today announced it has acquired UK-based à la carte healthcare limited (ALC Health), an award-winning international medical insurance provider.

With clients in more than 140 countries, ALC Health offers flexible and innovative international medical insurance plans to individuals, families and groups worldwide.

"ALC Health is a natural expansion fit as IMG continues to grow," said IMG President and CEO Todd A. Hancock. "This acquisition complements our growth strategy, strengthening IMG's presence across key markets in Europe and Asia."

The companies' operations will not be impacted by the acquisition, Hancock said, adding, "It will be business as usual for employees, producers and clients."

For more than 15 years, ALC has been protecting the health of individuals, families and multinational companies across the world with a range of international medical insurance plans that reflect the mobile lifestyle of today's international traveler and global citizen.

Founded by a former expatriate, ALC Health takes a personal approach to serving their clients. The company's employees, many of whom are also former expatriates, are passionate about the work they do, and committed to delivering a product that improves their clients' lives.

"IMG shares our passion, vision and commitment, and I'm absolutely delighted that IMG will be taking ALC Health forward over the coming years," said Founder and CEO Sarah Jewell.

Philip Wright, managing director of IMG's European division, added, "Over the years, ALC Health has developed a reputation for excellence. We are excited to welcome Sarah and her team to IMG and look forward to working together to strengthen IMG's position as a leader in the industry."

Terms of the transaction were not disclosed.

About International Medical Group, Inc.
International Medical Group^® (IMG^®), an award-winning provider of global insurance benefits and assistance services for more than 25 years, enables its members to worry less and experience more by delivering the protection they need, backed by the support they deserve. IMG offers a full line of international medical insurance products, as well as trip cancellation programs, stop loss insurance, medical management services and 24/7 emergency medical and travel assistance — all designed to provide members Global Peace of Mind^® while they're away from home. For more information, please visit www.imglobal.com.

About ALC Health
à la carte healthcare (ALC Heath) is an award-winning international medical insurance provider who, for over 15 years, has been protecting the health of private clients, companies and organisations across the globe. ALC Health was built and continues to grow on a philosophy of ensuring that private clients, corporate and intermediaries are all offered a high-quality personal service. For more information, please visit www.alchealth.com.

SOURCE International Medical Group (IMG)