Now Health International and Best Doctors Insurance to Create a Leading Global International Private Medical Insurance (“IPMI”) Proposition
IPMI provider
(Logo: http://photos.prnewswire.com/prnh/20150428/740827 )
The transaction will create a global top tier specialist IPMI proposition with complementary products, distribution and geographies as well as shared quality service principles. The pro-forma operation will span four continents, with 12 sales/service offices, 100,000+ members, 300+ staff and 5,000+ distribution partners.
"This is a highly complementary transaction for
"This is an exceptional opportunity to bring together two of the most customer centric and innovative IPMI providers in the market today," said
Benefits of the transaction include:
- Highly complementary transaction, across regions, distribution channels, management experience and local insight, capital structures, product knowledge and construction. In addition, management share a vision of delivering service excellence to meet ever evolving customer needs.
- World-wide geographic footprint, distribution access across
Asia Pacific , Central andLatin America , theCaribbean ,Canada ,Europe ,Africa and theMiddle East . An enhanced customer proposition across the largest and most dynamic emerging markets. Accelerated financial performance and natural diversification will help deliver an attractive weighted loss ratio profile for any re/insurance partners. - Cutting edge technology platform, leveraging purpose-built, 'single customer view', scalable technology to deliver operational efficiencies and enable enhanced product features, benefits and pricing for members and distributors.
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