The Health Insurance Group sold to two US private equity firms

AXA has announced that it has agreed to sell its whole market healthcare intermediary, Health and Protection Solutions (which trades as The Health Insurance Group), to Highbridge Principle Strategies (HPS) and Madison Dearborn Partners (MDP). The two companies - both US private equity firms - will aquire The Health Insurance Group (THIG), a broker which provides health and wellbeing solutions to both individuals and businesses, into jointly owned entity, Nevada Investments Topco. "The Health Insurance Group joined AXA in 2008 and, in the past 10 years, has formed a strong part of our ...