New Ownership Structure at VIKAND

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New Ownership Structure at VIKAND

FORT LAUDERDALE, FLORIDA (April 7th, 2015) – VIKAND, LLC has established a new ownership structure that will allow it to more quickly meet the demand for its high quality Medical offerings for the Cruise Lines and the Maritime industry.  The new structure will ensure that the high quality team working at VIKAND will be better able to service their expanding customer base and new demands.  MHG Services, Inc. relinquished its ownership position within VIKAND effective March 31st, 2015.  Majority owners in VIKAND will be Peter Hult and Dr. Bill Heymann. VIKAND’s leadership team will include Peter Hult, President, and Dr. Bill Heymann, Medical Director of VIKAND and a world class management team.

“VIKAND is a rapidly growing medical management company and for it to continue to expand, we have mutually agreed to spin-off VIKAND from MHG’s insurance business. This will allow both organizations to focus on their core business”, said Andrew Dudzinski, MHG’s Chairman and CEO.  “There is a growing need for VIKAND’s services in the maritime industry and we are proud to have played a key role in the development of VIKAND.”

“Our goal is to transform and deliver value to our customers by providing a seamless and integrated solution to maritime healthcare and medical operations”, notes Peter Hult. “With our experienced medical team, the maritime industry will have access to medical expertise, better risk management and scalable solutions that offers significant cost savings while improving the service levels provided to their passengers and crew.  Our solution has already generated a 100% increase year-over-year in revenue and volume.  We want to structure ourselves to appropriately meet and fulfill this demand.”

“I know that the team at VIKAND will continue to develop new medical services and focus on “wowing” our customers, just as MHG has always committed to doing”, said Peter Hult. “I will miss the opportunity to work day-to-day with the wonderful people at MHG and want to thank and acknowledge them. We will continue to have a close relationship with MHG and will support each other’s operations, common clients and business partners.”

About VIKAND

VIKAND is the leading provider of medical management and consulting services to the cruise industry and today provides consulting, management, medical equipment calibration and audit contracts to almost 60 cruise ships globally. VIKAND’s services range from full management of medical facilities to individual consulting and services modules, including formulary and bio-medical equipment management, Pre-Employment Medical Examination advice and support, marine employee wellness programs, Public Heath support and regulatory guidance. VIKAND’s team has extensive experience in the medical field, as well as the marine industry. VIKAND offers flexible medical services tailored to the clients’ unique requirements, managed by a world-class, medical team who offer a 24/7 on-call service to clients. For more information about VIKAND and the services they provide, please visit vikand.com.

About MHG Insurance Brokers

Established in 1991 in Miami, Florida, MHG Insurance Brokers is an independent, global, full service insurance brokerage and consultative facility. Through its extensive relationships with international underwriting markets, MHG develops and provides a full range of employee benefits, risk mitigation programs, business insurance and financial services all supported by comprehensive attention to service support for all of our clients. In the marine community, MHG is well known for its expertise in the Maritime Labor Convention (MLC 2006) and developing MLC-aligned crew insurance solutions. In the U.S. MHG provides group and individual employee benefits along with advice on federal regulations regarding Health Care Reform and the Affordable Care Act. For more information about MHG Insurance Brokers and the services we provide, please visit mhginsurance.com.



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