IMG Acquires Assist America Expanding Global Emergency Assistance Capabilities

International Medical Group (“IMG”), a leader in global insurance benefits and assistance services and a wholly owned subsidiary of SiriusPoint Ltd. (“SiriusPoint”), has today announced its acquisition of Assist America. This strategic acquisition significantly enhances IMG's global assistance capabilities and expands its service offerings for clients worldwide.

This acquisition represents a deliberate strategic step by IMG and its parent company, SiriusPoint, to strengthen their market position in the global insurance benefits and assistance services sector. The integration of Assist America, a leading provider of global emergency travel assistance services since 1990, creates a more robust and comprehensive platform for growth.

The primary strategic benefits of this acquisition for IMG and SiriusPoint include:

Strengthened Global Assistance Offering: The deal fortifies IMG’s core global assistance services, leveraging Assist America's deep expertise and highly respected position in the emergency travel assistance market.

Bolstered Revenue Streams: The acquisition will significantly boost IMG’s third-party medical and travel assistance revenue, building on Assist America's established base of around $20 million in annual assistance revenues.

Increased U.S. Market Scale: The addition of Assist America’s portfolio increases IMG's operational scale and market presence within the United States.

Expanded Geographic Coverage: The transaction integrates Assist America's established network, extending IMG's reach across Asia and the Middle East and adding a support base of over 40 million members.

For SiriusPoint, the acquisition delivers key financial advantages that align with its corporate strategy. The transaction is immediately accretive to both return on equity (ROE) and earnings per share (EPS). Furthermore, it adds valuable capital-light fee income, reinforcing the company's commitment to building a diversified, high-performing portfolio. Leaders from all three organizations commented on the strategic importance of the acquisition.

“The acquisition of Assist America represents a strategic step forward in strengthening IMG’s global assistance services offering,” said Scott Egan, Chief Executive Officer at SiriusPoint. “Assist America is a highly respected business with deep expertise in emergency travel assistance, and this deal creates significant future growth opportunities. The acquisition is accretive to both return on equity and earnings per share, adds additional capital-light fee income, and reinforces our commitment to building a diversified, high-performing portfolio.”

“The acquisition of Assist America expands our global reach and enhances our ability to deliver best-in-class medical and travel assistance solutions to clients worldwide,” said Will Nihan, Chief Executive Officer at IMG. “Assist America brings exceptional capabilities and a strong reputation. Together, we will continue to innovate and provide unparalleled service to our partners and customers.”

Brian Mulligan, Chief Executive Officer at Assist America, said, “We are proud of what we have accomplished over 35 years as a family-owned company, and are excited to embark on the next chapter of our journey with the added financial strength and resources of SiriusPoint and IMG behind us.”

This shared vision is built upon the strong foundations and distinct expertise of each company.

About SiriusPoint

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion in total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s. For more information, please visit https://www.siriuspt.com

About IMG

IMG is an award-winning global insurance benefits and assistance services company that has served millions of members worldwide since its founding in 1990. The preeminent provider of travel and health safety solutions, IMG offers a wide range of insurance programs, including international private medical insurance, travel medical insurance, and travel insurance, as well as enterprise services, including insurance administrative services and 24/7 emergency medical, security, and travel assistance. IMG’s world-class services, combined with an extensive product portfolio, provide Global Peace of Mind® for travellers, students, missionaries, marine crews, and other individuals or groups traveling, working, or living away from home. For more information, please visit http://www.imglobal.com.

About Assist America

Assist America is a leading provider of global travel assistance services through employee and student benefit plans. The company was formed specifically to address the unique requirements of the insurance industry’s large membership groups. The company’s plans cover employees (and association members) when traveling on business and leisure trips, as well as spouses and dependent children when traveling for pleasure. For more information, please visit http://www.assistamerica.com.

SiriusPoint was advised by Insurance Advisory Partners LLC as exclusive financial advisor and Mayer Brown LLP as legal advisor. Assist America was advised by DDA & Company as exclusive financial advisor and Fox Rothschild LLP as legal advisor.