Hinduja Global Solutions Purchases Colibrium
In a release, the Company noted that the acquisition has been made by HGS Colibrium, a US subsidiary of HGS, which would own 89.9 percent of Colibrium and the balance will be held by the founders. For the year ended
HGS already serves Fortune 100 health insurance clients, providing a broad array of services in both the administrative and clinical functions. The Company said that the addition of
Colibrium specializes in delivering sales, service and wellness automation to health plans. The Colibrium developed, cloud-based platform provides an easy-to-implement health insurance portal that integrates with enterprise CRM platforms such as
"Colibrium's integrated CRM provides health plans true end-to- end sales and service capabilities. Improved service levels, marketing campaign precision and business intelligence are just a few of the benefits we're seeing Colibrium CRM customers achieve," said
The Company reported that this acquisition of a health insurer technology and services company in the US market complements and increases the already strong healthcare payer servicing capability of HGS.
"With more than 30 clients, a leading technology platform and several hundred licensed health insurance agents, this investment in the fast evolving health insurance market represents a significant competitive advantage for HGS. We are already recognized as one of the largest and most capable providers of outsourced business process management to the health insurance industry," said
"Colibrium brings sales and marketing capabilities and depth to provide health insurance companies comprehensive people, process and technology solutions to dramatically improve member acquisition and retention results," said
"We're excited to have HGS as not only an investor, but a strategic partner," said
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