Healix Health has acquired a stake in Cignpost Group.
Healix did not confirm the level of its equity stake or how much it paid for it to Health & Protection, but revealed Ian Talbot, CEO of Healix Health (pictured), is joining the insurance brand’s board.
Healix Health offers healthcare trusts and other services to support employer wellbeing.
Cignpost Group offers advice to individuals and employers on private medical insurance (PMI) and protection insurance products, along with providing its own wellness app and diagnostic product.
The firms added the collaboration marked “a significant step in their shared mission to transform access to healthcare and wellbeing solutions”.
Talbot said: “Cignpost and Healix Health have built a strong and trusted relationship over the years. We’re united by a common vision to redefine health and wellbeing for today’s world, and I am excited to deepen our collaboration as we strive to deliver exceptional care to our clients.”
Steve Whatley, CEO of Cignpost Group, added: “Having Ian join the board strengthens the bond between our companies.
“His appointment has had an immediate positive impact on how we serve our customers.
“Our focus remains on delivering innovative and affordable insurance solutions that enable clients – SMEs, their employees and the general public – to access world-class diagnostic services and to get on the right healthcare pathway, fast.
“Healix Health has been instrumental in helping Cignpost bring their flagship product, CignpostMe to market.”