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AIG completes acquisition of Laya
01 Apr 2015 14:02
Global insurance company AIG has completed its acquisition of Laya Healthcare.
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Laya has almost 500,000 members, making it the second largest healthcare company in the country.
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AIG’s acquisition, which was announced in January, will see it gain a 24% share in the private health insurance market here.
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The company said the Laya brand would continue to be used for the immediate future and the company would now undertake a ambitious growth plan to increase its membership.
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AIG has been operating in Ireland for 40 years but has made a significant push in the consumer market in recent years, particularly around car insurance.
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