Now Health acquires Best Doctors Insurance
Now Health International investor, the Primary group, has reached an agreement to acquire Best Doctors Insurance, a medical insurance provider with distribution throughout Latin America, the Caribbean and Canada.
The transaction will create a global top tier specialist International Private Medical Insurance (IPMI) proposition with complementary products, distribution and geographies as well as shared quality service principles. The pro-forma operation will span four continents, with 12 sales/service offices, 100,000+ members, 300+ staff and 5,000+ distribution partners.
“This is a highly complementary transaction for Now Health International and our investor Primary Group, as Best Doctors Insurance will fill a large void in our global emerging market strategy. Over time, as the respective operations converge to deliver increased scale and efficiency, our members, distributors and staff will benefit most. We’re all very excited about the possibilities that this combined proposition will bring to the market,” said Martin Garcia, CEO, Now Health International.