Westlake Village-centered employee benefits agency Warner Pacific introduced Thursday the acquisition of Beta Health’s industrial dental well being platform, marking Warner’s 1st acquisition considering the fact that moving into a strategic partnership with non-public fairness firm Lovell Minnick Companions in January.
Prior to the acquisition, Beta Wellbeing was a supplier of team voluntary and contributory dental, vision, everyday living and incapacity goods in Colorado. Beta Well being has expanded from a singular item line in the very last 26 several years to give a wide range of dental and vision strategies through countrywide carrier partnerships.
“Over the many years, we have witnessed firsthand the value that Beta Health’s dental overall health platform can offer via its longstanding sector interactions,” John Nelson, co-main government of Warner Pacific, reported in a assertion. “By combining Warner Pacific’s complementary marketing abilities with Beta Health’s preexisting commercialized platform, we’re confident that we can create even higher value for the sector we provide.”
The acquisition will allow Warner to pair products offerings with a Beta Wellness dental cost savings plan in accordance to co-main executive Dave Nelson, who added that brokers will be in a position to give even a lot more substantial cost savings to consumers.
Warner at this time serves additional than 50,000 employers and has more than $4.2 billion of in-pressure premium. It is also staffed by more than 300 personnel with areas in California, Colorado and Texas.
“We’ve watched Warner Pacific’s expansion for several yrs and have identified them to not only be deeply professional leaders in the worker benefits house but a business whose values align with our personal,” Mark Thompson, president of Beta Overall health, reported in a assertion.