The Exeter, has completed its acquisition of the cash plan provider Engage Mutual Health from fellow mutual OneFamily.
The Exeter has confirmed that it will continue to offer the One Fund corporate cash plan to help companies meet their employee benefit needs.
The insurer will also offer a Health Cash Plan to individuals.
Existing policyholders have been contacted about the move to welcome them to The Exeter and inform them that their premiums and policies have not changed as a result.
The deal, which was announced subject to regulatory approval in July this year, was completed on 1 November.
Last month The Exeter revealed it was rebranding away from its previous name Exeter Family Friendly and upgraded its income protection policies.
Andy Chapman, chief executive of The Exeter (pictured) said:"I'm delighted that we have completed this important acquisition, increasing both the scale and breadth of our organisation."
"Not only are we confident that we will offer existing policyholders a great service experience, we also have aspirations to improve this further for individual and corporate cash plan customers old and new."
Further reading
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