international private medical insurance
Search documents
SiriusPoint’s IMG to Acquire Emergency Travel Services Firm Assist America
Insurance Journal· 2025-12-30 06:00
Core Viewpoint - SiriusPoint Ltd. announced the acquisition of Assist America, enhancing its subsidiary IMG's capabilities in global emergency travel assistance services, which generates $20 million in annual revenues [1][2]. Group 1: Acquisition Details - Assist America, founded in 1990, provides global emergency assistance to 40 million members across Asia, the Middle East, and North America, primarily selling services to insurance companies [2]. - The acquisition is expected to significantly increase IMG's third-party medical and travel assistance revenue, expand its scale in the U.S., and enhance coverage in Asia and the Middle East [2]. Group 2: Company Background - SiriusPoint is headquartered in Bermuda with offices in New York, London, and Stockholm, and is licensed to write property and casualty and accident and health insurance and reinsurance globally [3]. - The operating companies of SiriusPoint report approximately $2.8 billion in total capital [3]. Group 3: IMG Services - IMG offers a range of services including international private medical insurance, travel medical insurance, and 24/7 emergency medical, security, and travel assistance, catering to travelers, students, missionaries, and marine crews [4].