Drawbridge Acquires MDM Insurance Services

TORONTO and GUELPH, Ontario
September 5, 2024
Drawbridge announced today it has completed the acquisition of MDM Insurance Services (“MDM”), a leader in third-party administration, adjudication, and pharmacy benefit management solutions for small and medium employers. Following the acquisition, MDM will continue to operate independently to preserve its distinct culture and trademark agility, while adding its pay-direct prescription drug technology to Drawbridge’s leading-edge benefits platform.

Helping plan sponsors make sound decisions

Access my benefits

Access my student benefits

As one of Canada’s largest independent providers of benefits administration with over 30 years of experience, we are leaders in the benefits industry. Our team anticipates and works to proactively address the challenges that plan sponsors face, and we counsel these clients to make sound decisions for employees and plan membership. With seven offices nationwide, our core practice areas, Administration, Actuarial, and Consulting, are designed to streamline and simplify the logistics of benefits plan management. We serve over one million members in single- and multi-employer trusts, industry associations and unions across Canada.

Prudent Benefits

Are you managing the benefits and day-to-day operations for your employees or plan members? We have a plan to help you.

Discover the services of Prudent Benefits

Student Benefits

We understand the complexities and challenges of administering benefit programs for student unions. Our third party administration solutions are price-sensitive without sacrificing excellent service to your staff/plan members.

This is how Student Benefits can help

Benchmark

Whether your organization operates across the country or locally, you have needs specific to each region. The team at Benchmark Decisions is guided by leading professionals in insurance underwriting, retirement planning, actuarial science and plan design in Canada with regional expertise.

See the solutions Benchmark can offer your organization

Carelogix

Managing patient care and disability services for your employees and plan members is a challenge for any organization. Carelogix has the experience and knowledge to help people during difficult times and make those situations manageable for everyone.

See how Carelogix can help your organization

Our business is based on
three core areas of benefits practice.

Throughout our various business entities, we provide three core areas of
benefits practice: Administration, Actuarial and Consulting services for plan sponsors.
Click on the following to see how your group can benefit from our industry expertise.

ADMINISTRATION

ACTUARIAL

CONSULTING

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