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 supplies a platform of options to help its clientele, which consists of people, companies and schools, together with multinationals with areas round Europe.
APRIL has had a presence in Brussels since 2018 as APRIL Belgium and the most recent transfer will additional solidify its foothold within the Benelux area.
The deal will give Expat & Co entry to partnerships with trade leaders, particularly in telemedicine and healthcare networks.
To boost its purchasers’ international 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 stated: “Following our current institutions in Dubai and Germany and focused acquisitions during the last two years in Asia, we’re persevering with with Expat & Co our enlargement in our core enterprise of [International Private Medical Insurance] IPMI.
“Belgium is a dynamic market with nice potential, due to its wealthy ecosystem of European and international organisations and firms. Expat & Co is a recognised participant amongst expatriates and college students and I sit up for working with Filip Declercq and his group to proceed to develop our enterprise.”
Expat & Co founder Filip Declercq stated: “APRIL is the best associate for us to proceed to develop in our marketplace for the larger good thing about our distributors and policyholders around the globe. It provides us the assets to fulfill the challenges going through the insurance coverage sector, resembling digitalisation and regulatory modifications.”
