International Medical Group, a leader in global benefits and assistance services, recently acquired à la carte healthcare (ALC Health), an award-winning international medical provider with clients in more than 140 countries.
Headquartered in West Sussex, UK, with offices in Gibraltar, Hong Kong and Marbella, ALC Health offers flexible and innovative international medical insurance plans to individuals, families and groups worldwide.
“Over the years, we have been approached by many companies to underwrite our plans, which often culminated in an offer to purchase ALC Health,” founder and CEO Sarah Jewell, MBE told B2B. “However, we did not feel that any of the proposals were the right one until IMG came along. There is a great deal of synergy and mutual ideology between our two companies.”
IMG – headquartered in Indianapolis, Indiana, USA – offers a full line of international medical insurance, trip cancellation and stop loss programs, as well as 24/7 emergency medical and travel assistance to meet the needs of anyone traveling or residing away from home.
ALC’s leaders work alongside IMG’s executive management team, which oversees the direction of the combined entity. The firm now boasts more than 400 employees and 10 offices worldwide.
The acquisition strengthens IMG’s presence in Europe and Asia, as ALC Health’s market expertise and strategic positioning expands the company’s footprint across key markets in these regions. Additionally, ALC Health now has access to a wealth of resources provided by a company with more than 25 years of experience in the industry.
“It was more of a marriage between two successful firms than an acquisition,” Philip Wright, managing director of IMG’s told B2B.
“We value ALC Health’s reputation for excellence and the personal touch it provides brokers and clients. We envisioned the acquisition as being a mutually beneficial relationship, in which ALC would provide IMG the experience necessary to further expand our reach, and IMG would provide ALC a wider base from which it could develop and still retain its identity and core values.”
“IMG shares our passion, vision and commitment, and I’m absolutely delighted that they will be taking ALC Health forward over the coming years,” said Jewell.
Together, IMG and ALC can leverage one another’s expertise and complementary product portfolios to better serve clients in Europe, Asia and beyond. “I foresee many great opportunities in our future, and I look forward to working together to strengthen IMG’s position as a leader in the industry,” Wright told B2B.