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French wholesale insurance coverage dealer APRIL Group has bought worldwide medical 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 offers a platform of options to assist its clientele, which consists of people, firms 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 business leaders, particularly in telemedicine and healthcare networks.
To reinforce its shoppers’ overseas healthcare experiences, Expat & Co may also 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 over the past 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, because of its wealthy ecosystem of European and world organisations and firms. Expat & Co is a recognised participant amongst expatriates and college students and I stay up for working with Filip Declercq and his workforce to proceed to develop our enterprise.”
Expat & Co founder Filip Declercq stated: “APRIL is the perfect companion for us to proceed to develop in our marketplace for the better advantage of our distributors and policyholders world wide. It provides us the sources to fulfill the challenges going through the insurance coverage sector, reminiscent of digitalisation and regulatory modifications.”
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