You are excited about a recent or upcoming development in the business and wish to announce it to the entire global international private medical insurance and health care industry: A new recruit; product upgrade; new service; attendance at an event - these are all developments iPMI Magazine readers wish to know about.

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International Private Medical Insurance News

You are excited about a recent or upcoming development in the business and wish to announce it to the entire global international private medical insurance and health care industry: A new recruit; product upgrade; new service; attendance at an event - these are all developments iPMI Magazine readers wish to know about.

You have limited budget to distribute a press release article globally with photo, back links and promotional copy - in order to educate the industry about this important development in the business. You want front page coverage, social media promotion plus inclusion in an industry-wide email newsletter. You need to see the article everywhere.

At iPMI Magazine you are well covered as we have been providing international payors and providers with an exclusive front page news distribution service for over 5 years. Supported by our always-on global digital content delivery system, content goes further much quicker with iPMI Magazine.

Pay-As-You-Go On Demand News Distribution - Pay Online By Credit Or Debit Card

Designed for the fast-moving ever changing global IPMI industry, you may now access this service on-demand and pay as you go.

You can use a credit or debit card to settle your bill immediately meaning no waiting around for payments to clear. This leaves us to work hand-in-hand on the correct placement of the article whilst providing a space for you in the hearts and minds of our readership.

Features:

• 1 Press Release;
• To Include Your Company Bio;
• To Include A Photo;
• To Include Up-To 3 Back Links To Your Web Site;
• Complete Meta Description And Meta Tags;
• Front Page Coverage With Photo;
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• Emailed To Over 40,000 Active Subscribers;
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International Private Medical Insurance News

You are excited about a recent or upcoming development in the business and wish to announce it to the entire global international private medical insurance and health care industry: A new recruit; product upgrade; new service; attendance at an event - these are all developments iPMI Magazine readers wish to know about.

You have limited budget to distribute a press release article globally with photo, back links and promotional copy - in order to educate the industry about this important development in the business. You want front page coverage, social media promotion plus inclusion in an industry-wide email newsletter. You need to see the article everywhere.

At iPMI Magazine you are well covered as we have been providing international payors and providers with an exclusive front page news distribution service for over 5 years. Supported by our always-on global digital content delivery system, content goes further much quicker with iPMI Magazine.

Pay-As-You-Go On Demand News Distribution - Pay Online By Credit Or Debit Card

Designed for the fast-moving ever changing global IPMI industry, you may now access this service on-demand and pay as you go.

You can use a credit or debit card to settle your bill immediately meaning no waiting around for payments to clear. This leaves us to work hand-in-hand on the correct placement of the article whilst providing a space for you in the hearts and minds of our readership.

Features:

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• To Include Up-To 3 Back Links To Your Web Site;
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• Front Page Coverage With Photo;
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You are excited about a recent or upcoming development in the business and wish to announce it to the entire global international private medical insurance and health care industry: A new recruit; product upgrade; new service; attendance at an event - these are all developments iPMI Magazine readers wish to know about.

You have limited budget to distribute a press release article globally with photo, back links and promotional copy - in order to educate the industry about this important development in the business. You want front page coverage, social media promotion plus inclusion in an industry-wide email newsletter. You need to see the article everywhere.

At iPMI Magazine you are well covered as we have been providing international payors and providers with an exclusive front page news distribution service for over 5 years. Supported by our always-on global digital content delivery system, content goes further much quicker with iPMI Magazine.

Pay-As-You-Go On Demand News Distribution - Pay Online By Credit Or Debit Card

Designed for the fast-moving ever changing global IPMI industry, you may now access this service on-demand and pay as you go.

You can use a credit or debit card to settle your bill immediately meaning no waiting around for payments to clear. This leaves us to work hand-in-hand on the correct placement of the article whilst providing a space for you in the hearts and minds of our readership.

Features:

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• To Include Your Company Bio;
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• To Include Up-To 3 Back Links To Your Web Site;
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International Private Medical Insurance News

According to new research published by Finaccord, energy and power insurance premiums worldwide, including business handled by captive and mutual insurers, amounted to around USD 23.56 billion in 2014 having increased from around USD 21.48 billion in 2010, which was equivalent to a compound annual growth rate in nominal terms of 2.3%.

In 2014, this total market segmented between around USD 14.16 billion from energy insurance premiums and around USD 9.40 billion from power insurance premiums, with the US by far the largest market at around USD 8.38 billion followed by Canada at USD 1.77 billion and China and USD 1.45 billion. With regards to energy insurance premiums, in particular, these broke down between around USD 7.15 billion from upstream insurance, around USD 2.17 billion from midstream insurance and around USD 4.84 billion from downstream insurance.

Commented Christian von Celsing, Consultant at Finaccord, "At the global level, upstream energy insurance premiums have been growing at twice the rate of midstream premiums while downstream premiums actually declined between 2010 and 2014. The more rapid increase in the value of the upstream segment can be attributed to rising exploration and production worldwide. On the other hand, it is generally the case that insurance pricing for downstream assets has been subject to the most pressure."

As for power insurance premiums, these broke down in 2014 between around USD 7.28 billion from conventional power insurance and around USD 2.13 billion from renewable and other power insurance, and a key global trend has been the rapid growth of renewable and other power insurance premiums given that these had a worldwide value of around USD 1.55 billion in 2010. "Premiums deriving from insurance for solar and wind power have been rising especially rapidly", continued Christian von Celsing. "This can be expected to continue in future albeit the policies of national governments in this field are often inconsistent or uncertain."

Looking ahead to 2018, Finaccord forecasts that energy and power insurance premiums worldwide will increase to a value of around USD 24.59 billion under a low oil price scenario (segmenting between around USD 14.14 billion in energy insurance premiums and around USD 10.45 billion in power insurance premiums) and to around USD 26.15 billion in the event of a high oil price scenario (segmenting between around USD 15.70 billion in energy insurance premiums and the same value for power insurance premiums as in the low oil price scenario). The difference here is attributable mainly to the upstream energy (oil and gas) segment, which fluctuates between representing 28% and 32% of overall energy and power insurance premiums in the low and high oil price scenarios, respectively.

Concluded Christian von Celsing, "While the future price of oil has little impact on the future value of power insurance, it would influence the outlook for energy insurance, especially upstream insurance. Furthermore, while far from an exhaustive list, other key trends impacting the outlook for energy and power insurance worldwide include on one hand the likely or possible growth of hydraulic fracturing (fracking), deepwater drilling, Arctic development, solar power and wind power, all of which are conducive to growth and innovation, and on the other, persistent underwriting over-capacity, which depresses premiums, especially in mature markets."

WellAway Limited, a leader in innovative healthcare programs for expatriates, has launched OneWorld, an international healthcare program, which allows individuals to be covered throughout the entire world.  There are two main programs in which clients can enroll in, OneWorld Platinum and OneWorld Gold.

“At WellAway we take pride in providing our members with the latest and best products in the healthcare industry,” said Griselle Chernys, CEO of WellAway Limited.  “With our new OneWorld products, we are able to continue to serve our members and provide them with an exceptional health care program, and keep them healthy wherever their travels or work may take them.”

OneWorld provides flexible plans dependent upon geographic location, coverage needs, and expenditure allowance.  There are two main, customizable programs available to consumers – OneWorld Platinum and OneWorld Gold.  Within each program, members can choose one of two options: a) to be covered in the USA, Switzerland, Japan, Bahamas, and Canada, or b) to be covered everywhere else around the world, except for the USA, Switzerland, Japan, Bahamas, and Canada. 

Both programs can be combined with WellAway Limited’s popular La Vie à l’Etranger, which is a program designed to meet the needs of French expatriates residing across the globe, providing seamless and cashless Caisse des Français de l'Etranger (CFE) integration.  Additionally, these programs can be purchased with additional components such as maternity, dental, and vision coverage.

Some of OneWorld’s unique features are:

• Liaison between members and CFE providing a nonpareil experience
• Extensive network access in the USA and Internationally
• E-consultations
• PHR (Personal History Records) on hand held device
• Robust set of wellness and preventative benefits
• Multilingual ConciergeCare 365/24/7

About WellAway Limited

WellAway Limited is an industry-leading membership service that provides benefit-rich coverage and support to expatriates as they adjust to their new lives abroad.  WellAway Limited offers French expatriates the only seamless and cashless experience in the healthcare market through the La Vie à l’Etranger program, which is compliant with USA rules and regulations – ACA/Obamacare.

Cigna has announced the appointment of Lena Tsia as Country Manager for Cigna Singapore. Reporting to Patrick Graham, CEO, Asia-Pacific, Lena takes the lead in aligning the Cigna Individual (Global IPMI) and Employer businesses (Global Health Benefits) more closely in Singapore.

As described by Graham, "The realignment in Singapore and Asia Pacific will see us move to a "One Cigna" approach, offering our full suite of Group and Individual products and services on a coordinated approach. It will enable us to continue to leverage our global strengths, while at the same time focusing on relevant local solutions for brokers, clients, partners and customers."

In her new role, Lena will have P&L accountability for all the Singapore business, interface with the Monetary Authority of Singapore, and manage all the Singapore operations across both Global Health Benefits and Global IPMI.

Lena Tsia joins Cigna from Prudential Assurance Company Singapore where she was the Senior Vice President & Head of Group Business Department responsible for the repositioning of Prudential's group business to meet the distribution demands. Under her oversight, the business has grown exponentially in terms of number of accounts, revenue and profitability. The distribution channel has diversified to include PACS tied agency, brokers and strategic alliances. She has also successfully re-engineered the operations to enhance the value chain.

She has over 27 years of experience in the industry and has held various roles with AIA, Great Eastern Life and Prudential. She has a Bachelor of Science degree with a double major in Actuarial Sciences & Statistics from the University of Calgary, Canada and is former Associate of the Society of Actuaries.

Arjan Toor, Managing Director, Global IPMI, comments, "We're excited by the experience and track record Lena brings to the role. Lena is a well-known face in the Singaporean insurance market, and has built a reputation as a highly effective leader and strong supporter of broker and partner relationships from her time at AIA, and latterly Prudential Insurance."

Trackback: https://ipmimagazine.com/medical-health-insurance/en/news/appointments/item/3715-aligning-cigna-individual-global-ipmi-and-employer-businesses-in-singapore

Expatriate Healthcare has rebranded as Expatriate Group to reflect the fact that the fast-growing business has significantly expanded the range of products it offers to its international clients.

London-based Expatriate was founded in 2003 to offer healthcare insurance for expats. As a result of growing demand from clients for other products, the company now also offers term life insurance, travel insurance and income replacement insurance.

In financial year 2013-2014, Expatriate recorded a 128% increase in new customers, and for the first quarter of 2015, new policy purchases have increased by 206% compared to Q1 2014.

“As a result of growing demand from our clients for products other than healthcare, we have had to expand our lines of business,” said Expatriate Group Manager Lee Gerry. “Our clients have been really happy with the products and standards of service we deliver and they have been asking us to provide them with further products to support their lifestyles overseas.

“Since 2013, as many clients have been finding us for non-healthcare products as for healthcare, which is extremely pleasing.”

He said that the change of name to Expatriate Group reflected the company’s aim to become a “one stop shop” for expats and companies with an international presence, providing them with all the financial protection products they require.

Mr. Gerry added that Expatriate Group will consider launching a further range of products for expats within the next 12 months. 

About Expatriate Group

Expatriate Group provides medical healthcare, as well as Life, Travel and Income Replacement, that is designed solely for expatriates. All plans are created by experienced expatriate underwriters. The policies are comprehensive and easy-to-understand, and backed up 24 hours a day by a friendly medical team. London-based Expatriate Group provides health insurance to 103 nationalities in 151 countries, representing 77% of the countries in the world.

For further information on Expatriate Group, visit http://www.expatriategroup.com

SOURCE: https://ipmimagazine.com/medical-health-insurance/en/news/insurance/item/3583-high-growth-and-wider-product-offering-spurs-expatriate-group-rebrand

Welcome To The 1st Issue Of iPMI Magazines Medical Health Travel and Expatriate Insurance Broker And Intermediary Report, iPOLICY.

Rounding up the last quarter's most important International Medical and Health Insurance Plan and Product News, iPOLICY is the essential digital report designed specifically for International Health Insurance Brokers and Intermediaries.

Read iPolicy by iPMIM now, click here.

Welcome To The 2nd Issue Of iPMI Magazines Medical Insurance Broker And Intermediary Report, iPOLICY.

Rounding up the last quarter's most important International Medical and Health Insurance Plan and Product News, iPOLICY is the essential digital report designed specifically for International Health Insurance Brokers and Intermediaries.

Read iPolicy Issue 2 by iPMIM now, click here.

Welcome To The 3rd Issue Of iPMI Magazines Medical Insurance Broker And Intermediary Report, iPOLICY.

Rounding up the last quarter's most important International Medical and Health Insurance Plan and Product News, iPOLICY is the essential digital report designed specifically for International Health Insurance Brokers and Intermediaries.

Read iPolicy Issue 3 by iPMIM now, click here.

For more International Private Medical Insurance Magazine medical insurance, health insurance, medical assistance, expatriate healthcare insurance and risk-protection news go to ipmimagazine.com

Munich Health, the health segment of Munich Re, has appointed Roman Beilhack as new CEO for Globality Health. The appointment is the next step in a comprehensive development program for Globality Health, the international health insurer with a special focus on expatriates within Munich Re.

Beilhack will lead the program whose major objectives are to safeguard Globality Health's future operational excellence and to provide superior service towards clients, sales and cooperation partners. By investing in the right people and state of the art IT developments the necessary platform will be created to provide reliable solutions in cross border international insurance business.

Wolfgang Diels, Chairman of the Board of Directors of Globality Health says, "I am delighted to welcome Roman Beilhack aboard of Globality Health. With him we have a highly competent manager who has solid background in strategy, business development, sales and marketing from the global marketplace who will safeguard our far-sighted investments.

The recently appointed new CEO of Munich Health and member of the board of management at Munich Re, Doris Höpke, adds, "Moreover, he has tremendous commercial and strategic insight and understanding and a global mindset that will be of great benefit for Globality Health in the future."

Roman Beilhack has been with Munich Re since 1998.