AccuRisk acquires Tandem Medical Solutions from Resolution Reinsurance
AccuRisk Holdings, a Chicago-based managing general underwriter, has acquired Tandem Medical Solutions from Resolution Reinsurance Intermediaries (ResRe) for an undisclosed price.
Established nearly five years ago, Tandem Medical Solutions provides medical GAP insurance solutions, which have been designed to help bring down the health plan costs of employers as well as the out-of-pocket expenses for employees.
Tandem Medical Solutions, which is based in Columbia, South Carolina, is engaged in underwriting and distributing medical GAP insurance in 37 states in the US.
Dan Boisvert – CEO of AccuRisk Holdings said: “Our focus has always been on providing innovative insurance products to the marketplace, and our acquisition of Tandem Medical is an opportunity to continue providing better results for our clients.”
Tandem Medical Solutions will be part of AccuRisk Ancillary Solutions, which was created last October for developing and procuring new products in the ancillary marketplace.
Joyce Segall – AccuRisk Ancillary President said: “We are excited to welcome Tandem as a key part of our strategy to grow our underwriting and distribution expertise in the Supplemental Health space.”
AccuRisk Holdings caters to small and mid-sized businesses with medical stop loss, supplemental health, and occupational accident products.