Add-on Acquisition • Insurance

HCC Insurance Holdings Acquires HCC Medical Insurance Services

On January 2, 2008, HCC Insurance Holdings acquired insurance company HCC Medical Insurance Services

Acquisition Context
  • This is HCC Insurance Holdings’ 17th transaction in the Insurance sector.
  • This is HCC Insurance Holdings’ 12th transaction in the United States.
  • This is HCC Insurance Holdings’ 3rd transaction in Indiana.

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M&A Deal Summary

Date January 2, 2008
Target HCC Medical Insurance Services
Sector Insurance
Buyer(s) HCC Insurance Holdings
Deal Type Add-on Acquisition

Target Company

HCC Medical Insurance Services

Indianapolis, Indiana, United States
HCC Medical Insurance Services LLC is a provider of international group health, and domestic short-term and travel medical insurance products.
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Buyer Overview 1

Buyer

HCC Insurance Holdings

Houston, Texas, United States

Category Company
Founded 1974
Sector Insurance
Employees1,933
Revenue 2.7B USD (2013)
DESCRIPTION

HCC Insurance Holdings, Inc. is an insurance holding company comprising property & casualty, accident & health and other specialty insurance businesses


Deal Context for Buyer #
Overall 17 of 24
Sector: Insurance 17 of 24
Type: Add-on Acquisition 11 of 16
State: Indiana 3 of 4
Country: United States 12 of 19
Year: 2008 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-02 MultiNational Underwriters

Indianapolis, Indiana, United States

MultiNational Underwriters LLC, a provider in the field of international health insurance, offering a complete portfolio of health and life insurance products to customers in over 130 countries.

Buy $42M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-03 Cox Insurance Group

Indianapolis, Indiana, United States

Cox Insurance Group, Inc., a full service Managing General Underwriter, provides services of Underwriting, Binding Coverage, Policy Issuance, Claims Settlement and Premium Billing & Collection.

Buy -