McGriff, a US-based retail broking platform of BB&T Insurance Holdings, has acquired Peak Health, a provider of workplace health and wellness programs.
The financial details of the transaction have not been made public.
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Under the deal terms, the employees of Peak Health will become part of McGriff’s health & welfare and wellness consulting team.
Based in North Carolina, Peak Health offers onsite, nurse-administered health assessments and individual wellness coaching with special focus on improving employee well-being and reducing employer health care costs.
The company provides a unique offering in the employee health insurance marketplace, with a combination of its clinicians, in-person wellness coaching, and outcomes-based programs.
Through the acquisition of Peak Health, McGriff will add more than 50 skilled staff to its workforce.
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By GlobalDataThe acquisition also expands its existing comprehensive suite of health management services.
McGriff employee benefits practice leader & senior vice president Jon Trevisan said: “Acquiring Peak Health will expand our national well-being platform.
“These new offerings from McGriff – individual health coaching, fitness testing, and onsite engagement – will appeal to employers who are interested in providing best-in-class, comprehensive well-being programs.”
McGriff is a full-service insurance brokerage firm that delivers risk management and insurance solutions to its clients across the US.
It provides commercial property and casualty, corporate bonding, surety services, cyber, management liability, captives and alternative risk transfer, employee benefits, title insurance, personal lines, and life and health insurance.
