Sirius International Insurance Group acquired International Medical Group (IMG) as a part of Sirius’s long-term strategy to enhance their global Accident & Health services. Brian Barwick takes back the title President & CEO from Todd A. Hancock following the acquisition while the rest of the IMG management team stays to lead the company.
IMG is the second company acquired by Sirius in the effort to strengthen the group’s Accident & Health programs following Sirius’s acquisition of ArmadaGlobal last month.
Sirius Group Chairman, Allan Waters comments:
“We are proud to have our long-time business partner IMG join the Sirius family of companies. Over the course of our relationship that has spanned over 20 years, we have witnessed IMG grow and evolve, while consistently delivering innovative products and superior service to its clients. This acquisition is a natural fit within Sirius’s specialty insurance segment that further enhances our global Accident & Health offerings and supports our long-term growth strategy."
Read more about this acquisition in Sirius’s full press release here.