Further and Trustedoctor merge to create end to end digital serious illness insurance solutions, increasing affordable access to world-leading medical expertise
Further, the global leader in the design and development of cross-border insurance solutions for serious illnesses, and Trustedoctor, the award-winning digital healthcare platform specialising in access to world-leading international medical expertise, have completed a merger.
- This merger will bring together two highly complementary leaders in speciality serious illness insurance solutions and digital healthcare services
- Combining the expertise of Further and Trustedoctor will establish a brand-new healthcare solution category, focused on accelerating borderless access to world-leading medical expertise
- The first holistic healthcare insurance solution of its kind will cater for the full spectrum of healthcare needs and address accelerating consumer demand for access to specialist healthcare providers, without geographical restrictions
Bringing together the joint expertise of Further and Trustedoctor will respond more comprehensively to the fast-growing demand from insurers and employers to provide affordable solutions for the treatment of serious medical conditions at the hands of the world’s leading medical experts.
The combined entity will consolidate Further and Trustedoctor as a truly global leader in tailored healthcare solutions for serious medical conditions. The company will have business in over 30 countries and partnerships with over 300 insurers and employers.
Speaking about the merger, CEO of Further Frank Ahedo said:
“By merging, Further and Trustedoctor are leading the way in affordable insurance solutions for serious illnesses. Both organisations share the same fundamental principle: a belief that it should be as easy as possible for patients with serious medical conditions to access the best medical specialists and treatment options, wherever they are in the world. Together, we will continue to remove financial and logistical hurdles faced by consumers that want to access the very best treatment when faced with a serious illness.”
Greg Jarząbek, CEO of Trustedoctor added:
“This highly strategic merger will create a new market-leader in borderless, complete healthcare solution and provide a unique opportunity for us to collectively grow our network of doctors and hospitals. This will ultimately mean that more patients see the benefits of world-leading medical expertise.”
Frank Ahedo, current CEO of Further, will become the CEO of the Further Group overseeing the newly merged organisation.
Greg Jarzabek, will remain CEO of Trustedoctor, and will become Chief Digital Officer of the Further Group focusing on further development of virtual healthcare infrastructure.
The foundation of Further’s belief and mission is that anyone, anywhere, should be able to access the best possible care if they are seriously ill, regardless of income or geography. Further provides access to its products through over 300 corporations worldwide, a mix of leading international insurers and large multinational employers. For insurers, Further provides a turnkey solution to allow insurers to add an innovative yet affordable health product to their portfolio. For employers, being able to offer employees access to a highly valued health benefit, across multiple global locations, through one provider, is very attractive. This interest has resulted in rapid growth over the past 8-10 years with products winning multiple awards and with over 1 million insured members.
Established in 2016, the Trustedoctor is committed to simplify access to specialised healthcare for leading specialists and hospitals around the world. Trustedoctor’s vision is to enable leading specialist doctors around the world digitally accessible through the award-winning platform creating end-to-end virtual care service for timely navigation of serious illnesses regardless of location. The true differentiator is the direct access to the global network of selected specialists (in areas such as oncology and cardiology), who can be accessed for video consultations, second opinions, expert panels or e-MDTs. The platform allows for the secure transfer of medical records in a curated format together with interactive tools for effective collaboration and better navigation of complex cases.