Redbridge Insurance Company

What Redbridge Insurance Company does

Redbridge Holding, LLC is a privately held international insurance and services group founded in 1996 and headquartered in Coral Gables, Florida. It operates across international health insurance (PMI), reinsurance, third-party administration (TPA), and travel/medical assistance through brand-level entities that include Redbridge Insurance, Redbridge Assistance, and Redbridge Re. The group is rated B++ (Good) by AM Best (assigned 2019, most recently ratified 2025) and carries an AM Best PA-3 (Strong) performance assessment rating (February 2024).

The company serves individuals, expatriates, and corporate clients, as well as insurance companies on a B2B basis, with coverage limits typically in the $500K–$7M range distributed through licensed insurance consultants, agents, and digital portals. It operates from 8 country offices and serves clients in 80+ countries, with a provider network of 6,000+ direct providers extended to 2M+ providers through alliances with Aetna, Multiplan, and Interlink. Underwriting capacity is supported by reinsurance relationships with Chubb, Swiss Re, Zurich, QBE, AIG, Generali, and Liberty Mutual, and the company holds TPA licenses in Florida and Puerto Rico.

The group's reported scale includes more than $350M in written premiums and a customer base exceeding 10M clients. Recent product activity includes the 2025 launch of RedPrime Care Plus and RedUltra Care Plus in Puerto Rico. Operationally, the company describes use of AI and data analytics for healthcare quality management, claims process automation, predictive analytics for fraud detection and trend analysis, and AI-supported customer service.

Name

Redbridge Insurance Company

Legal name

Redbridge Holding, LLC

Website

https://redbridge.cc

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Short description

Redbridge Insurance is a Coral Gables-headquartered international insurance group founded in 1996, offering health insurance, reinsurance, TPA, and assistance services to individuals, expatriates, corporates, and insurers across 80+ countries from 8 country offices.

Ownership category

akta.pro rank

Product category

Health Insurance

NAICS

Direct Health and Medical Insurance Carriers (524114), Direct Life, Health, and Medical Insurance Carriers (52411), Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Other Insurance Related Activities (52429), Claims Adjusting (524291)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Services-Health Services (8000)

akta.pro primary industry

Health Reinsurance (Medical Expense) (FSAIANAB)

akta.pro secondary industries

Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health) (FSAOAAAH), Reinsurance Brokerage (FSAEADAE), Emergency Assistance & Case Management (Medical, Security, Evacuation) (THALALAG), Trip Cancellation/Interruption & Refund Protection Platforms (THALALAB)

Keywords

• Health insurance
• Reinsurance services
• Third party administration
• Corporate health plans
• Insurance underwriting

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Insurance Premiums: Recurring premiums from health, life, personal accident, and travel insurance policies sold to individuals, groups, and expatriates worldwide
2. Reinsurance Services: Underwriting and administration of reinsurance coverage for personal lines, property and casualty, including health, life, personal accident, property, and contingency reinsurance
3. TPA Administration Services: Third-party administration services for health plans including sales and underwriting, provider network management, claims adjudication, billing and collections, and wellness programs
4. Assistance Services: Multi-assistance programs including travel assistance, roadside assistance, home assistance, and funeral assistance services

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Redbridge Insurance Company is a health insurance company that underwrites health insurance products for individual consumers and corporate clients. It also provides reinsurance solutions and third-party administrator (TPA) services to other insurance companies. The company applies AI and data analytics within its insurance operations.

Product overview

Redbridge Insurance Company operates as a diversified insurance conglomerate offering a comprehensive Portfolio 360 of products and services. The core offerings include international health insurance plans (Red Ultra Care, Red Prime Care, Red Max Care, Red Special Care, Red Choice Care) providing coverage from 500K to 7M annual maximum benefits, life insurance (Essential Term), and personal accident insurance (Unique Solution, Alex Plan). The company provides reinsurance services across health, life, personal accident, property, and contingency lines. Assistance services include travel, roadside, home, and funeral assistance through Redbridge Assist. TPA administration services support health plan management with multilingual 24/7 customer service. Customer-facing digital platforms include insured and consultant web portals, a provider portal for healthcare facilities, and a mobile app. The ecosystem is supported by a global provider network of over 6,000 directly contracted providers and strategic partnerships with Aetna (1.2M+ providers), Multiplan (1M+ providers), and Interlink (114+ transplant providers).

Differentiator

Problem solved

Functional benefit

Brands

• Red Ultra Care: International health insurance plan with annual coverage maximum benefit of 7M.
• Red Prime Care
• Red Max Care
• Red Special Care
• Red Choice Care
• Essential Term
• Unique Solution
• Alex Plan
• Redbridge Assist

Products and services

• Individual Health Insurance Health insurance policies underwritten for individual consumers and households for personal/family medical coverage.
• Group/Employer Health Insurance Employer-sponsored group health insurance products offered to corporate clients for their employee benefits programs.
• Reinsurance Reinsurance risk-transfer solutions provided to other insurance carriers to share insurance risk and capital.
• Third-Party Administration (TPA) Services Outsourced claims administration and related services delivered to other insurance companies on a contractual basis.

Quantifiable outcome

• 10 million+ clients served worldwide
• +6 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature5 records

Partnerships

15 partnerships are on record, tiered major and core.

• ChubbmajorStrategic or Co-development PartnerGlobal insurance and reinsurance company listed as a key reinsurance partner working with Redbridge. Part of the network of major reinsurers rated by AM Best Company.
• Swiss RemajorStrategic or Co-development PartnerLeading global reinsurance company partnering with Redbridge for risk transfer and reinsurance capacity. Part of the AM Best-rated reinsurance network.
• Zurich Insurance GroupmajorStrategic or Co-development PartnerGlobal insurance company providing reinsurance support to Redbridge through strategic partnership. One of the major reinsurance partners.
• QBEcoreStrategic or Co-development PartnerGlobal insurance and reinsurance company listed as a reinsurance partner. Part of Redbridge's network of reinsurance relationships.
• Ocean RecoreStrategic or Co-development PartnerReinsurance company partner providing risk capacity and underwriting support to Redbridge operations.
• Liberty MutualcoreStrategic or Co-development PartnerMajor US insurance company listed as a reinsurance partner supporting Redbridge's risk management.
• AIGmajorStrategic or Co-development PartnerAmerican multinational insurance corporation providing reinsurance capacity as a key partner to Redbridge.
• GeneralimajorStrategic or Co-development PartnerItalian multinational insurance company operating as a reinsurance partner in Redbridge's network of global reinsurers.
• PatriacoreStrategic or Co-development PartnerRegional insurance/reinsurance partner in the Latin American market supporting Redbridge operations.
• Mandarin RecoreStrategic or Co-development PartnerReinsurance company partner providing Asian market expertise and risk capacity for Redbridge.
• AetnamajorTechnology or IntegrationUS health insurance provider with over 1.2 million providers in network. Provides Redbridge customers access to extensive US provider network through Passport to Healthcare Primary PPO.
• MultiplanmajorTechnology or IntegrationHealthcare cost management company with over 1 million medical providers in network. Strategic alliance providing provider network access for Redbridge insureds in the US market.
• InterlinkcoreTechnology or IntegrationSpecialized provider network with 114+ providers in transplant network. Provides specialized medical services access for Redbridge customers.
• Pharmacy NetworkcoreTechnology or IntegrationPharmacy benefit network with over 60,000 pharmacies. Provides prescription drug coverage access for Redbridge insurance plans.
• Ocean Re (Insurance)coreStrategic or Co-development PartnerReinsurance partner providing financial security for Redbridge's insurance products through risk transfer solutions.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bupa Global: Bupa Global provides international health insurance for individuals and corporate groups across multiple regions, including strong Latin American presence. Highly comparable to Redbridge's international health, life, and personal accident portfolio aimed at expatriates and globally mobile clients.
• GeoBlue: GeoBlue specializes in international health insurance for expatriates, travelers, and globally mobile individuals, with deep US-provider network access. Highly comparable to Redbridge's expatriate-focused health plans and Aetna-based US provider integration.
• Now Health International: Now Health International is a Hong Kong-headquartered international health insurer offering modular plans to individuals and corporates across Asia, the Middle East, and Latin America. Comparable to Redbridge in tariff structure, regional reach, and tiered product design.
• IMG Global (International Medical Group): IMG Global provides international travel medical insurance, health insurance, and assistance services to individuals, expats, and corporate groups. Closely parallels Redbridge's travel, health, and assistance offerings with similar multi-tier plan architecture.

Broad incumbents

• Aetna International (CVS Health): Aetna International provides international health, dental, and travel insurance to expatriate employees and individuals globally. Also a strategic partner of Redbridge via the 1.2M+ provider network, making it both a peer and a channel enabler.
• Allianz Care: Allianz Care provides international health and life insurance products for expatriates, students, and corporate groups worldwide. Directly competes with Redbridge's international health plans across multiple geographies and tier structures.
• Generali Global Assistance: Generali Global Assistance provides travel insurance, assistance, and claims management services globally. Directly overlaps with Redbridge Assist's travel, roadside, home, and funeral assistance lines, especially given Generali's role as a reinsurance partner.
• BUPA Latin America: BUPA's Latin American subsidiaries provide health insurance across multiple Latin American markets. Direct competitor to Redbridge's Costa Rica, Ecuador, Panama, and Dominican Republic operations.
• Cigna Global Health: Cigna Global Health offers international health, life, and personal accident insurance to individuals and multinational corporate clients. While much larger, the product mix, target expatriate segment, and global distribution model materially overlap with Redbridge's positioning.

Regional players

• Pan-American Life Insurance Group: Pan-American Life is a major life, health, and accident insurer focused primarily on Latin America and the Caribbean. Closely mirrors Redbridge's core geographic footprint and product mix in the region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RedbridgeInsuranceCompany
• LinkedInlinkedin.com/company/redbridge-insurance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redbridge Insurance Company