Health Shield has bought workplace health screening and occupational health risk surveillance assessment specialist Prevent plc for an undisclosed fee.
Prevent will be rebranded as Health Shield Wellbeing as a result of the acquisition.
Health Shield says the deal will provide it further opportunities for growth within the employer health and wellbeing market.
Prevent delivers occupational health strategies for companies and local government authorities, offering workplace health assessment solutions.
The acquisition is intended to enable Health Shield to draw upon Prevent’s client-facing infrastructure, which in turn can access the cash plan provider’s relationship with brokers. Existing clients at both businesses will be able to access to a wider range of services and products.
Health Shield chief executive Jonathan Burton says: “Prevent represents a perfect fit with Health Shield’s vision to improve the health and wellbeing of as many people as possible. Both companies are recognised for their expertise and outstanding client service and uniting these two wholly complementary businesses will further enhance our competitive edge.
“Their products and services complement a health cash plan offering and will be available through Health Shield on a standalone basis or as part of a Tailored health cash plan offering.”
Carl Laidler of Prevent says: “We have been working with Health Shield for many years and it has become increasingly apparent that its reputation for delivering quality health products that really benefit both employers and employees is very closely aligned to our own ethos. In particular, Health Shield’s relationship with brokers will really help to extend the message about our unique health screening service.
“We’re all really excited to be given the opportunity to further develop our wellbeing ideas supported by Health Shield’s well established infrastructure.”