Global medical insurance and assistance services provider International Medical Group (IMG) has acquired UK-based international medical insurance organisation ALC Health.
The acquisition of ALC Health, which offers international medical insurance plans across 140 countries, is designed to support IMG’s growth strategy and enhance its presence in Europe and Asia.
Daily operations at both organisations remain unchanged following the acquisition.
Todd Hancock (pictured), president and chief executive officer at International Medical Group, said: “ALC Health is a natural expansion fit as IMG continues to grow. This acquisition complements our growth strategy, strengthening IMG’s presence across key markets in Europe and Asia.”
Sarah Jewell, founder and chief executive officer at ALC Health, added: “IMG shares our passion, vision and commitment, and I’m absolutely delighted that IMG will be taking ALC Health forward over the coming years.”