MetLife has completed acquisition of US-based SafeGuard Health Enterprises. The terms of the purchase were not disclosed.
Bill Mullaney, president of institutional business at MetLife, said: I am very pleased to welcome SafeGuard into the MetLife organization. The company’s solid reputation and dental expertise are an ideal enhancement to MetLife’s benefits offerings, particularly in those areas where employers are looking for dual option dental benefits such as a dental health maintenance organization and preferred provider organization.
Mike Schwartz, vice president of dental product management at MetLife, added: It is exciting to leverage the successes of our two organizations, now all part of the same family of companies to provide customers with additional choice and flexibility in achieving their benefits objectives. I look forward to a smooth transition as we continue to ensure customers receive best-in-class service and support.