French wholesale insurance coverage dealer APRIL Group has bought worldwide medical health insurance specialist Expat & Co for an undisclosed sum.
The acquired firm is engaged in independently underwriting insurance coverage for expatriates in Belgium.
Expat & Co additionally gives a platform of options to help its clientele, which consists of people, companies and faculties, together with multinationals with places round Europe.
APRIL has had a presence in Brussels since 2018 as APRIL Belgium and the newest transfer will additional solidify its foothold within the Benelux area.
The deal will give Expat & Co entry to partnerships with business leaders, particularly in telemedicine and healthcare networks.
To boost its purchasers’ overseas healthcare experiences, Expat & Co may even leverage APRIL Group’s technological and repair infrastructure, the insurance coverage dealer added.
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APRIL Worldwide CEO for Europe Isabelle Moins mentioned: “Following our latest institutions in Dubai and Germany and focused acquisitions during the last two years in Asia, we’re persevering with with Expat & Co our growth in our core enterprise of [International Private Medical Insurance] IPMI.
“Belgium is a dynamic market with nice potential, because of its wealthy ecosystem of European and international organisations and corporations. Expat & Co is a recognised participant amongst expatriates and college students and I sit up for working with Filip Declercq and his workforce to proceed to develop our enterprise.”
Expat & Co founder Filip Declercq mentioned: “APRIL is the best accomplice for us to proceed to develop in our marketplace for the better good thing about our distributors and policyholders all over the world. It provides us the assets to satisfy the challenges dealing with the insurance coverage sector, similar to digitalisation and regulatory modifications.”
