Health Shield, the award-winning health cash plan provider, has today announced its agreement to acquire Prevent plc, a specialist in workplace health screening and occupational health risk surveillance assessment.
The deal will provide Health Shield with further opportunities for growth within the employer health and wellbeing market, and will add greater depth to its product offering and skills base.
Prevent plc is managed and staffed by experienced health professionals who have been delivering occupational health strategies for companies and local government authorities for many years. The firm has developed an innovative high quality health assessment that can be delivered within the workplace.
Health Shield will be able to draw upon the client-facing infrastructure of Prevent plc and, vice versa, Prevent plc will benefit from Health Shield’s relationship with brokers. At the same time, existing clients at both businesses will benefit from access to a wider range of services and products.
Jonathan Burton – Chief Executive at Health Shield, said: “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 plc, commented: “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.”
The terms of the transaction were not disclosed. After completion, Prevent plc will be promoted within the umbrella of the Health Shield brand name, trading as Health Shield Wellbeing Ltd.
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About Health Shield
Established in 1877 Health Shield is an award winning and market leading provider of Health Cash Plans and health and wellbeing benefits. Health Shield is a non-profit making Friendly Society without shareholders, operating for the benefit of all our members. We are committed to providing competitively priced products that are sustainable and affordable, and strive to enhance our award winning reputation in the market.
About Prevent plc
Established in 2003 Prevent plc has delivered in excess of 250,000 health screens. The company has developed itself as a specialist workplace health screening organisation and has produced a system that enables it to deliver assessments throughout the UK and Ireland. Over the last five years, Prevent plc has developed a series of online occupational health services to complement its health screening offering.