Global Excel announces partnership with WeeCompany
The companies have also created Servicios de administración en salud Wee, SAPI de CV (WeeMedic)
Global Excel, a supplier of global healthcare risk management solutions, has announced that it has acquired a significant position in WeeSystems SAPI de CV (WeeCompany).
WeeCompany is a Latin America-based insurtech which connects players in healthcare ecosystems through its automated digital platforms.
At the same time, the two companies announced the creation of Servicios de administración en salud Wee, SAPI de CV (WeeMedic), a third-party administrator that will focus on the Mexican domestic healthcare market and provide highly automated digital healthcare management solutions for local payers. Global Excel will have majority ownership in WeeMedic.
Reg Allatt, Chief Executive Officer of Global Excel, said: “Together with WeeCompany, we’ve identified a market segment looking for new solutions – local health insurers demanding innovative solutions for Mexican domestic healthcare claims. Solutions which will enhance the member experience and more effectively manage the financial risk.”
Jesús Hernández, Chief Executive Officer and Founder of WeeCompany, added: “At WeeMedic, WeeCompany will contribute our software and systems expertise while Global Excel will bring its extensive experience managing healthcare risk. There is no question that with Global Excel’s support we will be able to deliver an innovative, best-in-class solution stack to potential domestic clients.”