Ireland has a new health insurer.
Irish Life Health has entered the Irish market today following the acquisition of Aviva Health and GloHealth by Irish Life.
The new company will have 21% market share and 425,000 customers.
Jim Dowdall, Managing Director of Irish Life Health said that the firm will be the recognised benchmark for health insurers in Ireland.
He said: "Our focus is on ensuring that our customers just pay for health cover that is relevant to them.
"We are moving health insurance from just being viewed as a safety net in the event of illness to becoming a platform that enables our customers improve their overall health and well-being."
The company said it will communicate with all of its customers this week to reassure them that they don’t need to do anything, and can continue to avail of all of the benefits in their plans.
Aviva Health customers will see their policies rebranded as Irish Life Health and from later this year GloHealth customers will start to be invited to join Irish Life Health as their policies come up for renewal.