Wesleyan acquires Practice Plan and Medenta

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Published: Friday, 16 August 2013 11:21
Written by News Editor
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Wesleyan acquires Practice Plan and Medenta
Wesleyan Assurance Society has announced the acquisition of the Practice Plan Group, comprising Practice Plan, provider of practice-branded dental membership plans, and Medenta, provider of patient finance to UK dental practices. Nick Dilworth, MD of Practice Plan, said: “Practice Plan is pleased to become part of one of the UK’s financially strongest mutuals with a great heritage and a reputation for customer service and product performance.”

Craig Errington, Wesleyan’s Chief Executive, said: “The acquisition of Practice Plan is part of a larger strategic growth programme that we are embarking upon over the coming years. Until now we have largely focused on providing personal financial services to dentists. Practice Plan is a strong and successful business and will play an integral role in helping us to grow our commercial offering to dental practices. Practice Plan offers a great synergy with the Wesleyan brand; it has an excellent reputation within the dental profession and has built up strong relationships with a large number of dental practices nationwide. We can develop these links further to provide a more comprehensive financial service tailored specifically to this market.”

Wesleyan Chairman Bryan Jackson CBE commented: “Wesleyan is in a position of financial strength and so can grow to the benefit of our customers and members. Our interests lie in opportunities that will develop our offering for our professional customers. This acquisition is a clear indication of our commitment to be the provider of choice for dental professionals.”

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