XN Financial Services (Canada) Inc. said Friday that it has recently completed the acquisition of Telfer International Consulting of Montreal.

Terms of the transaction were not disclosed.

Established in 1971, Telfer International has provided international medical insurance coverage for over 25 years.

“Telfer International has built a solid reputation in the Canadian out of country medical marketplace that complements XN Financial’s existing global healthcare practice,” said Dan Anber, president and CEO of Montreal-based XN Financial.

“Telfer International Consulting’s success is due in part to their outstanding level of business expertise in the international sector. This special expertise, as well as an excellent reputation for their ability to service highly sophisticated clients, will reinforce our Canadian international healthcare strategy. We are pleased to welcome the Telfers and their team to our growing XN Financial family of professionals,” concluded Anber.

XN Financial provides insurance and financial products designed specifically for the needs of international assignees, high net worth individuals and directors and officers of privately owned and public companies.

IE