trending Market Intelligence /marketintelligence/en/news-insights/trending/npyTbhsBkkn2jxD1EUxz9Q2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Dentists Insurance signs letter of intent to acquire 3 insurers

Infrastructure Issues: Tools to Dig Deep on Potential Risks

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February


Dentists Insurance signs letter of intent to acquire 3 insurers

Dentists InsuranceCo. signed a letter of intent to buy three dentist insurance businessesowned by Oregon-based Moda Inc.

Dentists Insurance plans to acquire Dentists Benefits Insurance Co., Northwest Dentists Insurance Co. and Dentists Benefits Corp.,according to a news release.

The deal would add more than 6,600 policyholders to DentistsInsurance. Dentists Benefits Insurance offers professionalliability and business insurance to dentists in Alaska, Arizona, Montana, Oregon,Tennessee and Washington. Northwest Dentists provides professional and general liabilityto clients in Idaho and Washington, while Dentists Benefits Corp. is an agency thatadministers Northwest Dentists and Dentists Benefits Insurance's products.

The letter of intent is subject to Dentists Insurance's due diligence,a final agreement with Moda and regulatory approval.

Dentists Insurance is a subsidiary of the California Dental Association.The Moda group includes Moda HealthPlan Inc.