Servca Group acquired managed care company Medicas in a deal featuring two London-based companies. The financial terms of the transaction were not disclosed.
Medicas works with clients in handling complaints, defending and paying claims and crisis management, including guaranteeing insurance renewal following a claim/complaint to ensure continuity.
An independent Lloyd’s of London broker, Servca is an international insurance intermediary specializing in non-standard medical, financial and professional lines of insurance. It was founded in 2011.
According to the LevinPro HC database, this was the 39th Managed Care transaction of 2022. That compares with 43 Managed Care deals recorded between January 1, 2021, and November 9, 2021.
