DavidShield

International Health Insurance Group

Fintech & Insurtech
Acquired by White Mountains Insurance Group (NYSE: WTM) on Oct, 2017
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Company Overview

Snapshot

Founded in July 1999, DavidShield operates with 201–500 employees. The company was acquired by White Mountains Insurance Group (NYSE: WTM) in October 2017, marking a significant milestone in its journey.

Business overview

DavidShield Group specializes in developing smart health insurance products through high-end technological solutions and customer-oriented services. The company aims to provide a smooth and innovative experience for its insured members. DavidShield operates multiple MGUs/MGAs across Europe, Australia, the Middle East, and the United States, including DavidShield for expatriate health insurance, Passportcard for real-time travel insurance, and Robin, which focuses on reshaping the customer journey within the US healthcare system. The group maintains a global presence with operations in over 100 countries and offices in key regions, positioning itself within the Fintech & Insurtech sector.

Strategic signal

In January 2020, DavidShield received a full insurance company license from the Israeli regulator. This regulatory approval is a strong signal of the company's operational maturity and compliance, potentially enabling broader market access and increased trust among customers and partners within the insurance industry.

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Company Intelligence Q&A

When was DavidShield acquired?
DavidShield was acquired by White Mountains Insurance Group (NYSE: WTM) in October 2017.
What significant regulatory milestone did DavidShield achieve in 2020?
In January 2020, DavidShield was granted a full insurance company license by the Israeli regulator.
What are DavidShield's main product offerings?
DavidShield's main product offerings include PassportCard, ExpatriateCard, and TravelCard, providing various health and travel insurance solutions.
In which sectors does DavidShield primarily operate?
DavidShield primarily operates in the Fintech & Insurtech sector, with a focus on digital healthcare and mobile applications.
Where are DavidShield's global operations located?
DavidShield has a strong worldwide presence with operations in over 100 countries and offices in Europe, the United States, the Middle East, and Australia, alongside innovation labs in Zurich and Tel Aviv.
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