Global Excel Management Inc. Announce Executive Leadership Changes
- Written by: iPMI Global
Global Excel Management Inc. today announced that, effective March 26th, 2024, CEO & President Reg Allatt will move into a new role of Executive Chairman. Chairman Steve Allatt will move into a new role of Chairman Emeritus, and current President Canada Regional Business and Chief Business Development Officer Phil Hibbert has been named CEO.
For close to 30 years, under the leadership of Steve and Reg, Global Excel has transformed from an assistance, medical case management company focused on managing the medical claims of our then-parent company Expert Travel Financial Security (etfs) to be one of the largest independent health risk management companies today. Since its foundation in 1996, Global Excel has grown profitably and successfully, and today with over 1,400 employees in 9 countries, we currently provide a comprehensive range of services to over 1,800 clients located in over 90 countries around the world. With this evolutionary change in Global Excel’s leadership structure, the company will be well-positioned to pursue future growth and the Allatt family will be able to focus on their many philanthropic endeavours and wider business interests.
Reg Allatt shared, “It has been a tremendous opportunity and privilege to witness the transformation of our organization over the past decades. My father and I will always be the first to acknowledge the dedicated efforts of the entire Global Excel team, some of whom have been with us from the very start. Global Excel is positioned for effective long-term growth, and I am confident that, together, we will celebrate even more successes in the next phase of our journey. As Executive Chairman, I look forward to focusing my attention on our continuing merger and acquisition activity as well as on new product, service and technological development. I consider both these elements essential to the continued successful growth of Global Excel. Naturally, together with my father, I will continue to actively advise and counsel the entire Executive Leadership Team (ELT).”
Phil Hibbert said, “Global Excel’s vision may be a simple one in words but remains more complex in reality: to be the world’s most trusted health risk management solutions organization. As Global Excel continues to expand geographically, grow our client base and add to the range of services we provide, one of my key mandates will be to continue providing true tangible value to our corporate clients and their members. Together with the ELT, I’m looking forward to this exciting new challenge. Since joining Global Excel a little over a year ago, I believe we have continued to cultivate a talented leadership team, implement essential process and system changes, and improved the market position of Global Excel for long-term growth. I look forward to continuing my work with Reg, Steve and the entire ELT in my new capacity.”
Global Excel at a Glance
Global Excel is a full-service cost containment, claims management and medical assistance company offering a complete range of services to international, Canadian and U.S. domestic clients.
With over 360 corporate clients located in more than 90 countries around the world, Global Excel manages approximately 360,000 inpatient, outpatient and non-medical cases and files per year and processes in excess of $1.9 billion in claims annually.
Today, Global Excel is one of the largest independent assistance and cost containment companies specializing in the U.S. market. This independence applies to the ‘ownership’ side of the company – Global Excel remains privately held and all shares reside with the Allatt family – as well as to the provider/supplier side. The company has never signed ‘exclusive’ arrangements with any national, regional or local PPOs in the U.S., nor has it associated itself exclusively with any of the large HMOs in the U.S. or any specific suppliers. Instead, the company opts to work with those that will do the best job from a cost/quality perspective. This independence ensures that Global Excel can always make decisions that are in the best interests of its clients, rather than in the best interests of another (third) party. It also allows Global Excel to respect its clients’ wishes when it comes to preferred providers.
It is no secret that clients will remain loyal if they find a partner who can continue to provide them with true, bottom-line value. It is for this reason that Global Excel strives to continuously offer its clients industry-leading performance and flexible, quality-oriented solutions that are customized to fit their needs. Global Excel is committed to working closely with its partners every day, and is proud to have a client retention rate in excess of 99% over the past ten years.
