Globe Life (NYSE: GL), a Mckinney, TX-based life insurance company acquired Evry Health, a Dallas, TX-based business-to-business health insurance company.
The amount of the deal was not disclosed.
With the acquisition, Globe Life will expand operations and its business reach.
Led by Chris Gay, Chief Executive Officer, Evry Health is a business-to-business health insurance company that lowers the cost of healthcare through software automation with a mobile-first experience. The company is located in Dallas with innovative group health insurance plans also available in Austin, Houston, and San Antonio that provide a nationwide network for health coverage in addition to tailored wellness plans at no cost to employers or employees.
Led by Matt Darden and Frank Svoboda, Globe Life provides life insurance policies and policyholders. With more than 16.8 million policies in force (excluding reinsurance companies; as reported by S&P Global Market Intelligence 2022), its insurance subsidiaries include American Income Life, Family Heritage Life, Globe Life And Accident Insurance Company, Liberty National Life, and United American.
FinSMEs
16/10/2023