Merger with parent company will provide increased financial strength, stability and security for over 24,000 policyholders
Posted: January 3, 2019
Edited by Dentaltown staff
SACRAMENTO, Calif.—Dentists Benefits Insurance Company (DBIC) and Northwest Dentists Insurance Company (NORDIC) have merged with, and into, their parent company, The Dentists Insurance Company, effective Jan. 1, after final regulatory approval.
The merger was approved by the California Department of Insurance (DOI), the Oregon Division of Financial Regulation (DFR) and the Washington State Office of the Insurance Commissioner (OIC). DBIC and NORDIC are now operating as The Dentists Insurance Company. The name and logo have changed and policyholders are told to expect a smooth transition with no disruption.
“The merger gives policyholders peace of mind, knowing that TDIC has a single vision to only protect dentists,” said TDIC board chair Daniel Davidson, DMD. “For nearly 40 years, TDIC has provided exceptional service and high-quality products to our policyholders and we will continue this legacy with the merging of DBIC and NORDIC.”
TDIC focuses exclusively on supporting the dental profession by offering a comprehensive suite of professional insurance products to more than 24,000 dentists in 15 states. With this merger, TDIC now extends its legacy, brand values, financial strength and stability to more than 5,000 additional policyholders in five states.
For more information, visit tdicinsurance.com.