International insurance company Trawick International has invested an undisclosed sum in Bexleyheath-based programme management firm Health Pulse Services.
The UK business, which acts as a managing general agent, specialises in products in the non-investment protection insurance and medical expenses markets. Working with distribution partners, Health Pulse Services caters to individuals, employers, and insurers.
“I am delighted that Trawick International has taken a stake in Health Pulse Services,” commented Health Pulse Services managing director Bruce Eaton. “The partnership will strengthen Health Pulse Services’ market position, create opportunities beyond our founding purpose, and provide unrivalled expertise across all our key markets.
“Our combined experience in North American and UK/European markets will accelerate our growth and allow us access to immense expertise in our target markets.”
Headquartered in Alabama, Trawick International also recently appointed a global accident, health & life reinsurance managing director in the person of Alan Crellin in the UK.
“Trawick International is in an exciting period of expansion,” said president and chief executive Daryl Trawick (pictured signing the Health Pulse Services deal). “Investing in Health Pulse Services helps accelerate Trawick International’s growth in the UK and across multiple lines of insurance.
“I am thrilled that the outstanding team at Health Pulse Services was open to a partnership. Their business interests and innovative culture align with ours, and the affiliation is certain to be mutually beneficial.”
Echoing the same sentiments, Health Pulse Services co-founder Matthew Goldsmith shared the news on LinkedIn.
“We are delighted to have Trawick International as a strategic investor and business partner,” wrote Goldsmith in a post. “We look forward to an exciting future as we grow the business in many different markets.”