Canada Life Acquires ClaimSecure Inc.

July 13, 2021

The Canada Life Assurance Company, a subsidiary of Great-West Lifeco, has agreed to acquire ClaimSecure Inc., a Canadian healthcare management firm that provides health and dental claim management and pharmacy benefits management services. The acquisition expands Canada Life's presence in third-party administrator (TPA) and third-party payor (TPP) markets, adds national claims-paying technology capabilities and brings approximately 1.25 million plan members into Canada Life's ecosystem.

Buyers
The Canada Life Assurance Company (Canada Life)
Targets
ClaimSecure Inc.
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.