Pan-American Life Insurance Group Announces Acquisition of Hola Doctor- Acquisition Supports New Five-Year Strategic Plan
"We are excited to welcome HolaDoctor to the
"
"HolaDoctor's digital marketing operation and insurance brokerage unit, which specializes in health insurance exchange products, provides PALIG with a new distribution channel to reach underserved Hispanic individuals and Hispanic-owned small businesses; and complements our existing producer network in
The resources developed by HolaDoctor will also help PALIG to create more meaningful interactions with its members and improve the wellness of policyholders by educating them about the importance of adopting a healthy lifestyle and promoting both the early detection and proactive management of chronic illnesses. In addition, HolaDoctor's consumer-directed websites have a combined audience of nearly 2.5 million unique monthly visitors and a strong social media presence, including its Facebook page with more than 600,000 followers.
"We are excited about joining the
"By joining
Over time, PALIG will be able to develop individual life, accident and health insurance products tailored to the
"This acquisition is in line with PALIG's new five-year strategic plan, which was approved by our Board in
HolaDoctor will operate as a wholly owned subsidiary of
The acquisition has been approved by the boards of directors of both
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