DavidShield

International Health Insurance Group

Fintech & Insurtech
Acquired by White Mountains Insurance Group (NYSE: WTM) on Oct, 2017

Company Overview

Snapshot

Founded in July 1999, DavidShield operates with 201–500 employees. The company was acquired by White Mountains Insurance Group (NYSE: WTM) in October 2017.

Business overview

DavidShield Group develops smart health insurance products by leveraging high-end technological solutions and customer-oriented services to provide an innovative experience for insured members. The company operates multiple MGUs/MGAs across Europe, Australia, the Middle East, and the United States, including DavidShield for expatriate health insurance, Passportcard for real-time travel insurance, and Robin, which aims to redefine the customer journey within the US healthcare system. DavidShield has a global presence, operating in over 100 countries with offices in key international markets and innovation labs in Zurich and Tel Aviv, focusing on the Fintech & Insurtech sector.

Strategic signal

In January 2020, the Israeli regulator granted DavidShield a full insurance company license. This development is significant as it validates the company's operational capabilities and regulatory compliance, signaling enhanced market credibility and potential for expanded product offerings within the insurance industry.

Company Intelligence Q&A

What was a significant corporate milestone for DavidShield?
DavidShield was acquired by White Mountains Insurance Group (NYSE: WTM) in October 2017.
What regulatory achievement did DavidShield secure?
In January 2020, the Israeli regulator granted DavidShield a full insurance company license.
What is DavidShield's primary focus in the insurance market?
DavidShield specializes in creating smart health insurance products, including expatriate health insurance through DavidShield, real-time travel insurance via Passportcard, and initiatives like Robin to improve the US healthcare customer journey.
Where does DavidShield have a global presence?
DavidShield operates in over 100 countries, with offices in Europe, the United States, the Middle East, and Australia, and innovation labs in Zurich and Tel Aviv.
What are some of DavidShield's key products?
DavidShield offers products such as PassportCard, ExpatriateCard, and TravelCard.

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