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Welcome to the iPMI Magazine online report centre, designed specifically with your businesses educational needs in mind. Here you may browse a range of highly specialist, niche, market research reports covering the hottest topics in the insurance industry today.

Generali Employee Benefits And Bupa Global Announce Strategic Partnership To Offer International Private Medical Insurance

Generali Employee Benefits (GEB) and Bupa Global announce a strategic partnership to offer “best-in-class” international private medical insurance (IPMI) and global employee benefits solutions to their new and existing corporate customers.

GEB customers will have access to Bupa Global’s quality, expertise, and comprehensive health and wellbeing offering, when and where they need it, across 190+ countries. Bupa Global customers will also have the ability to access global health and benefits solutions provided by GEB’s worldwide network.

The benefits of the partnership include access to in-house healthcare experts 24/7, the ability to access a second medical opinion, a team of multilingual advisors, enhanced mental health benefits, and the ability to include these plans within international employee benefits arrangements.

This agreement builds upon GEB’s existing partnership with Bupa in the UK and reinforces GEB’s commitment to continue to provide customer-focused solutions. The partnership aligns with Bupa Global’s long-term strategy to drive growth and further strengthen its leadership position in the IPMI market, by expanding its capability to more customers globally.

Paolo Ribotta, CEO - Generali Employee Benefits, stated, “We are proud to join forces with BUPA and have the possibility to offer our clients and prospects one of the leading and world-class providers of health insurance and wellness solutions for internationally mobile employees. This is another testament to our strategy to continue to strengthen our network and ecosystem of partnerships and the result of a broader strategic plan that translates our ambition of being Lifetime Partners to our customers. Health & Wellbeing markets will continue to grow and the proposition of companies towards their employees goes in the direction of interpreting wellbeing increasingly in a broader sense. We are focusing on bringing to Internationally Mobile Employees all solutions to their needs, and having the right partners to support us on this path is key.”

Sheldon Kenton, CEO for Bupa Global, said, “Now more than ever, people are prioritising their health and wellbeing. Our own research from the Bupa Global Wellbeing Index showed that over the past year, nearly half (48%) of senior leaders spent more time focusing on their physical and mental health. We are pleased to enter this agreement with Generali Employee Benefits, which aligns to our strategy to accelerate growth in IPMI and give more customers access to premium healthcare, where and when they need it.”

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iPMI Magazine Speaks with Antony Brown MBE, Head of Africa, Aetna International

In this exclusive iPMI Magazine interview, Christopher Knight, CEO, iPMI Magazine, met with Antony Brown MBE, Head of Africa at Aetna International. They discussed in detail the international private medical insurance market in Africa, and the Sanlam Pan Africa and Aetna International Global Health Plan.

Please introduce yourself and background in the international private medical insurance (IPMI) market:

After 10 years with Her Majesty’s UK Foreign Office, I started the African subsidiary of InterGlobal Private Medical Insurance in 2008, as a member of the Executive Management team, and with overall responsibility for the Africa region as Regional General Manager, I later accepted the role of Head of Business in Africa for Aetna International following the acquisition of Interglobal by Aetna.

I have traveled extensively across the continent and I have a thorough understanding of the key insurance services required in local markets. I am also very well-versed in the regulatory requirements needed by insurers looking to operate stand-alone insurance businesses or partner with local insurance entities, in the region.

Sanlam Pan Africa and Aetna International have joined forces to deliver Africa’s “most comprehensive health care solution”. Can you walk us through the features and benefits of the new IPMI plan for Africa?

This offering has been created in partnership with Sanlam Pan Africa to address the healthcare needs of both local and expatriate nationals, on an international basis, across all market segments in 20 countries in Africa. Global Health offers a broad range of benefits, an extensive direct billing medical network and an enhanced member experience with local in-country service. The Global Health Plan reflects the needs and concerns of our clients and members across Africa, by giving them access to quality health care in a cost-effective way.

Through this partnership, we bring together the Africa-specific experience of Sanlam Pan Africa with the global expertise of Aetna International to deliver Africa’s most comprehensive and locally compliant health care solution with broad international access.

The Global Health proposition provides four plan levels — Value, Essential, Plus and Premium — with coverage ranging from US$100,000 to US$5,000,000. Depending on the tiers, the plans offer a host of health and well-being benefits, including cancer care, inpatient psychiatric treatment or psychotherapy, HIV or AIDS, terminal care, dental, optical and emergency treatment outside the area of cover.

With pre-authorised inpatient care across all of Africa and outpatient direct billing across the 20 Africa markets, Global Health offers members access to one of the widest medical networks locally and globally, as well as a 24/7 multilingual call centre for emergency and evacuation immediate assistance.

Who is the target market for the Global Health plan and why?

The Global Health Plan addresses the needs of the local market in 20 countries across Africa, for all employee levels: administrative, management and executive. Depending on the choice of cover, it offers access to health care in the country of residence but also abroad, for cases where medical expertise is not available locally or where the member is travelling. 

Geographically speaking, which countries does the new Global Health Plan cover?

Global Health is sold in 20 countries across the continent including Angola, Benin, Burkina Faso, Cameroon, Congo Brazzaville*, Gabon, Guinea Conakry*, Ivory Coast, Mali, Madagascar, Morocco, Niger, Nigeria, Senegal, Togo, Kenya, Rwanda, Uganda, Zambia and Tanzania. Members in these countries can choose one of four variants of area coverage:

Area 1: Worldwide Inc. US

Area 2: Worldwide Excl. US

Area 3: Europe Inc. Africa, India, Pakistan, Sri Lanka, Lebanon & Bangladesh

Area 4: Africa, India, Pakistan, Sri Lanka, Lebanon & Bangladesh

* Subject to OFAC regulations

Regarding access to healthcare across Africa, and the medical network, what are the options?

Members have access to an extensive direct billing medical network across the continent and beyond with more than 8,000 directly contracted providers in Africa and over 1.3 million health care professionals globally.

Emergency and non-emergency evacuation remain a critical feature of any IPMI plan. What options are available?

All four variants of the plan — Value, Essential, Plus and Premium — offer medical evacuation and in-patient cover as standard, but the coverage limits vary depending on the plan tier. For members under the Platinum plan, the cover is 100% of the medical evacuation costs.

What currency and billing options are available for insureds seeking access to healthcare under the Global Health plan?

Whether it is choice of medical provider or level of benefits, flexibility is a key value proposition of the plan and the same is true for billing.

For plan sponsors, premiums can be invoiced centrally in USD, or in the local currency of each respective country, subject to local laws and regulations.  

For members, Global Health offers outpatient treatment from within the available network on a direct billing basis in each of the 20 countries — the medical provider invoices us, as the insurer, directly without the need for the member to pay at the point of service. Inpatient treatment is required to be pre-authorised beforehand, and arrangements will be made by us, as the insurer, for the medical provider to bill us directly without the member having to pay. 

Can you please give us some more background on Sanlam Pan Africa?

Sanlam Pan Africa is the Sanlam Group’s business cluster that manages financial services in the emerging markets in Africa (excluding South Africa). Africa is a fundamental component of the Sanlam Group’s vision, which is the strategic mission of Sanlam Pan Africa — to build a leading pan-African financial services group.

Founded in 1918 as a life insurance company, Sanlam has become the largest non-banking financial services group in Africa, through its global diversification strategy and an unmatched

Pan-African footprint in more than 30 countries. Over the years, Sanlam has established itself as a financial services leader in the emerging markets in Africa and Asia.

What opportunities exist in the African market for international private medical insurance? Africa is a challenging geography – what issues on the ground, are expats and travelers facing when it comes to accessing high quality healthcare?

Africa is certainly challenging; its sheer size and diversity means that it is impossible to make broad generalisations on healthcare across the continent. Each country has its own strengths and weaknesses when it comes to accessing healthcare in any situation. For example, while coverage of healthcare can be patchy in rural areas, the quality of service in urban areas is certainly improving and often the challenge can be in arranging and funding care. In this respect, many parts of Africa are leading the way technologically when it comes to seamlessly booking appointments and minimising the use of cash, and Kenya is a great example of this.  We expect this capability to expand and, as the use of technology becomes a norm, insurance companies and medical providers will have to be ready with digital offerings, like telehealth services, to meet the demands of their members. 

The diversity of the countries in terms of language, currencies, cultures, and service expectation is also a challenge. We believe we have managed to address these aspects by making our plans as locally relevant as possible — the plans offer cover to local nationals, all documentation is available in the primary language of the country, we offer local invoicing and currency payment options, access to primary care on a direct billing basis, and local in-country representation. 

In 5 years’ time how will the international private medical insurance market look in Africa?

In recent years we have seen employers across Africa pivot from traditional offshore international medical insurance providers to local ones. However, few local providers have the capacity to offer international cover, which in Africa, where certain forms of treatment are not always available locally, is essential. Combining the expertise and capabilities of Aetna and Sanlam not only solves for such issues but offers access to a world-class comprehensive healthcare service. 

Furthermore, as a result of the global pandemic, we are seeing employers across the globe re-think their strategies when it comes to sending their staff on expat assignments, meaning that we expect a pivot towards more local hiring. Africa is no exception, particularly as the local workforce becomes more skilled and self-sufficient. What this means is potentially less demand for the traditional, high-cost fully international plans, which are the norm today, and an uptick in demand for plans that are more focused on regional cover, with comprehensive yet affordable benefits. This is exactly where we position Global Health; fit for today’s market and yet future-proofed for the changes ahead.

 

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International Health Insurance (IPMI) 2021

Leading international private medical insurance publisher iPMI Magazine is excited to announce the launch of the “International Health Insurance 2021" IPMI market report written by leading insurance and healthcare analyst Ian Youngman.

There are now 80 million expatriates, 5 million international students, 4 million temporary foreign workers, and 18 million high net worth individuals of which 2.7 million are ultra high net worth. All of these are targets for international private medical insurance.

International health insurance for expats, third country nationals, domestic nationals and global nomads is a 3 volume iPMI market report updated in 2021 with even more companies and more countries.

Overview:

Expats and local workers of global companies and HNW individuals may no longer have the option of flying home or another country for medical treatment so may have to rely on local healthcare.

Global insurers have national and international healthcare networks that have a better capability for telemedicine than local insurers.

In almost every country the state healthcare network is under never before experienced pressure so access to private healthcare is increasingly essential. In some countries, expats will be at the back of the queue for state healthcare. In some countries, even access to private healthcare may be strained and hospitals may have to prioritise healthcare for long-term partners such as insurance companies over one-time private patients.

An increasing number of insurers are moving from being health insurers to healthcare providers protected by health insurance. With a linked move to Artificial Intelligence and teleconsultation, the world of IPMI is changing.

The fragile and volatile state of global stock markets is of concern to insurers who may already be vulnerable while offering opportunities to potential buyers of insurers and health insurance books of business. The environment for mergers and acquisitions among health insurers remains favourable as they continue to seek out diversification and growth opportunities.

The iPMI 2021 report includes 3 volumes:

  • Volume 1 Overview - 395 pages
  • Volume 2 Companies - 129 Company Profiles
  • Volume 3 Countries - 176 Country Profiles

Table Of Contents

1. Introduction

  • Overview
  • Growth of need for IPM
  • Health insurance definitions
  • Expatriate definitions
  • Voluntary health insurance
  • Why IPMI and PMI are no longer separate
  • Social and technological disruption
  • Duty of care
  • Why insurers are moving into IPMI
  • The changing insurance ecosystem
  • Customer centricity
  • Blockchain
  • Emerging markets
  • Belt and Road initiative
  • Middle East and North Africa outlook
  • Asian health
  • IPMI must cover more than insurance
  • The future
  • Merging health insurance and healthcare
  • Swiss Re forecast
  • Changing how we work
  • Ageing workforce
  • Health insurance for older workers
  • Global mobility changes

2. International Health Insurance Numbers

  • Global premium figures
  • Onshoring and offshoring
  • Premium retention in countries
  • Premiums and local taxes
  • Local partnerships
  • Muddying the waters
  • It is not health insurance

3. Health insurance

  • Compulsory health insurance
  • Compulsory travel health insurance
  • Health insurance market potential
  • Global medical price trends
  • Health insurance pricing trends
  • Global health insurance costs and trends
  • Health insurance and universal healthcare global health benefits
  • Digital transformation
  • Dental and vision care

4. Healthcare

  • Health at a Glance Europe 2019
  • Global healthcare
  • Healthcare in 2040
  • Future health, care and wellbeing by 2040Re-Opening the World - Life After COVIDUniversal healthcare
  • Health at a glance in LatAm and CaribbeaHealthcare in UAE

5. International Health Insurance Market

  • Buying the market overseas
  • Distribution
  • Healthcare or health insurance
  • History
  • Market potential
  • Hospitals offering health insurance
  • Numbers of insurers
  • Insurance companies
  • Latin American healthcare potential
  • Lloyd’s of London
  • Lloyds’ brokers
  • Managing general agents
  • Third party administrators
  • Insurance brokers
  • Financial advisors
  • Insurance agents
  • Banks
  • Health insurance trade bodies
  • Health insurance comparison sites
  • Micro-insurance
  • Mobile devices
  • Self- insurance
  • Smartphones
  • Social media
  • Videos

6. International Health Insurance Products

  • Cover
  • International insurance versus domestic insurance
  • IPMI in 2021

7. Expatriate numbers

  • Expatriate figures
  • Global numbers of expatriates
  • Global population
  • Expatriates, migrants and refugees
  • Global mobility
  • Expatriate population as % of the worldwide population
  • Expatriate or international migrant
  • International students
  • Migrant workers
  • Cross border workers
  • Digital nomads
  • Diasporas
  • Migration and health

8. Customers

  • Target markets for insurers
  • What is an expatriate?
  • Expatriate characteristics
  • Expatriate salaries and benefits
  • Buyers
  • Dependants
  • Emerging markets middle class
  • Generation Y
  • High net worth
  • How people choose the international health insurance
  • Indian companies
  • Maritime
  • Mining
  • More than one product
  • Music industry
  • NGOs
  • Need
  • Oil and gas
  • Older workers
  • Overseas employees need support
  • Pilots
  • Questions potential customers ask
  • Retirees
  • Self-employed
  • Short assignments
  • Short-term cover
  • Singles
  • Students
  • Target ages
  • Teachers
  • Wealthy expatriates
  • Who can be covered?
  • Why companies buy it
  • Why individuals buy it
  • Why needs are changing
  • Why not just buy cover locally
  • Women

9. The product

  • Addiction treatment
  • Admitted policies
  • Apps
  • Big data
  • Budget covers
  • Cancer
  • Chatbots
  • Choice of cover or set packages
  • Claims
  • Compliance with local law
  • Co-payments
  • Critical illness
  • Currency
  • Danger zones
  • Diabetes treatment
  • Diaspora insurance
  • Duty of care
  • Emergency assistance
  • Emergency evacuation
  • European Air Medical Institute
  • Fertility treatment
  • Fraud
  • Funeral plans
  • Global cover
  • Helplines
  • Income protection
  • Insurers rethink of health insurance
  • International medical accreditation
  • Medical evacuation and repatriation
  • Medical tourism and insurance
  • Medical travel insurance
  • Mental health
  • Micro health insurance
  • Obesity treatment
  • Organ transplants
  • Passive war
  • Political risks
  • Pricing
  • Price regulation
  • Pricing on group schemes
  • Private repatriation
  • Risk management
  • Second medical opinion
  • Security and travel advice
  • Takaful
  • Takaful health
  • Telehealth
  • Term life
  • Top-up covers
  • Trauma
  • Travel insurance
  • Underwriting
  • Virtual doctors
  • War risks
  • Wearables

10. Conclusion

  • Conclusion
  • Database

VOLUME 2 - 129 COMPANY PROFILES

  • Base country
  • HQ
  • Ownership
  • Overview
  • Structure
  • Insurance
  • Healthcare
  • Customer numbers
  • Strategy
  • 2020 results
  • 2021 results
  • 2021 forecasts
  • Buying businesses
  • Selling businesses
  • Failed deals
  • Partnerships
  • Sponsorships
  • Micro health
  • Special products
  • Apps
  • Marketing
  • Technology
  • Start-ups, accelerators and labs

Companies Profiled

  • A Plus
  • Abacare
  • Achmea
  • Adelaide
  • ADNIC
  • Aetna
  • Ageas
  • AIA
  • AIG
  • Alan
  • Allegiant Global Partners
  • Alliance Group International
  • Allianz
  • Amariz
  • Amazon
  • Antae
  • Anthem
  • AON
  • Apple
  • APRIL
  • Arabia Insurance
  • Ardonagh
  • Arma Insurance
  • ASSSA
  • Aviva
  • Axa
  • Bahrain National Life
  • Bellwood Prestbury
  • Berkshire Hathaway
  • Blue Cross
  • Blue Cross Blue Shield
  • Bupa
  • CCW
  • Centene
  • Chubb
  • CIG Group
  • Cigna
  • Clements Worldwide
  • CMIG International
  • Collinson Group
  • Combined Insurance
  • CVS Health
  • Daman
  • DavidShield
  • DFV
  • Discovery
  • Doha Insurance
  • ERGO
  • Euroins
  • Exclusive Healthcare
  • Expacare
  • Expatriate Group
  • Fairfax
  • Fosun International
  • Freedom Health
  • FWD
  • Gallagher
  • General & Medical
  • Generali
  • GeoBlue
  • Global Benefits Group
  • Global Risk Partners
  • Global Underwriters
  • Globality Health
  • Great Eastern
  • Great West Lifeco
  • Gulf Insurance Group
  • HealthCare International
  • Henner Group
  • Howden
  • Humana
  • IMG
  • Integra Global
  • Irish Life Health
  • Jubilee Holdings
  • JW Seagon
  • Liberty Health
  • Liberty Mutual
  • Lloyd’s of London
  • Lockton
  • Malakoff Humanis
  • Manulife
  • MAPFRE
  • Marsh McLennan
  • Medgulf
  • Medibank
  • Medicover
  • Met Life
  • MGEN
  • Millennium Insurance Brokers
  • Momentum Metropolitan
  • Morgan Price
  • MSH International
  • Munich Re
  • Mutua Madrilena
  • National Life and General
  • New India
  • nib
  • NN Group
  • NowCompare
  • Now Health International
  • Nugent Sante
  • Old Mutual
  • Oman Insurance
  • Orient Insurance
  • Pacific Cross International
  • Pacific Prime
  • Pan-American Life
  • PIB Group
  • PICC
  • Ping An
  • Primary Group
  • PZU
  • QBE
  • QLM
  • RBI Premium
  • Regency Assurance
  • SAICO
  • Sanlam
  • Seguros 360
  • Seven Corners
  • Siaci Saint Honore
  • SiriusPoint
  • Sompo
  • Starr International
  • State Life
  • Status Global
  • Swiss Global
  • Swiss Life
  • SwissCare
  • Tokio Marine
  • Union Insurance
  • UNIQA
  • UnitedHealth
  • VHI
  • Verlingue
  • Vienna Insurance Group
  • Vitality
  • VUMI
  • VYY
  • WAFA Assurance
  • WellAway
  • William Russell
  • Willis Towers Watson
  • Zhong An
  • Zurich Insurance

VOLUME 3 - 176 COUNTRY PROFILES

  • 2021 population
  • 2030 population estimate
  • 2020 UN international migrants IN
  • 2020 UN international migrants OUT
  • 2020 UN refugees
  • Global diaspora
  • Expats in country
  • Healthcare
  • Healthcare for expatriates
  • Healthcare regulators
  • Healthcare regulation
  • Healthcare price regulation
  • State health insurance
  • State health insurance top-up
  • Compulsory health insurance for locals
  • Compulsory health insurance for expatriates
  • Compulsory health insurance for overseas students
  • Compulsory travel health insurance for visitors
  • Health insurance for locals overseas
  • Private health insurance
  • Micro health insurance
  • Insurance company and broker regulators
  • Foreign insurance companies
  • Health insurance regulation
  • Health insurance price regulation
  • Countries where expats come from
  • Leading local health insurers
  • Head office of leading health insurers and brokers
  • International health insurers/ brokers/agents activity

Country Profiles

  • Abu Dhabi
  • Afghanistan
  • Albania
  • Algeria
  • Andorra
  • Angola
  • Antigua
  • Argentina
  • Armenia
  • Aruba
  • Australia
  • Austria
  • Azerbaijan
  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belarus
  • Belgium
  • Belize
  • Bermuda
  • Bolivia
  • Bosnia
  • Botswana
  • Brazil
  • British Virgin Islands
  • Brunei
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Cayman Islands
  • Chile
  • China
  • Colombia
  • Congo
  • Costa Rica
  • Croatia
  • Cuba
  • Curacao
  • Cyprus
  • Czechia
  • Denmark
  • Dominica
  • Dominican Republic
  • Dubai
  • Ecuador
  • Egypt
  • El Salvador
  • Estonia
  • Eswatini
  • Ethiopia
  • Fiji
  • Finland
  • France
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Grenada
  • Guam
  • Guatemala
  • Guernsey
  • Guinea
  • Guyana
  • Haiti
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran
  • Iraq
  • Ireland
  • Israel
  • Italy
  • Ivory Coast
  • Jamaica
  • Japan
  • Jersey
  • Jordan
  • Kazakhstan
  • Kenya
  • Kosovo
  • Kuwait
  • Kyrgyzstan
  • Laos
  • Latvia
  • Lebanon
  • Lesotho
  • Libya
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Macau
  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Malta
  • Mauritius
  • Mexico
  • Micronesia
  • Moldova
  • Monaco
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Myanmar
  • Namibia
  • Nepal
  • Netherlands
  • New Zealand
  • Nicaragua
  • Nigeria
  • North Macedonia
  • Norway
  • Oman
  • Pakistan
  • Panama
  • Papua New Guinea
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Qatar
  • Romania
  • Russia
  • Rwanda
  • Saint Kitts And Nevis
  • Saint Lucia
  • Saudi Arabia
  • Senegal
  • Serbia
  • Seychelles
  • Sierra Leone
  • Singapore
  • Slovakia
  • Slovenia
  • Somalia
  • South Africa
  • South Korea
  • Spain
  • Sri Lanka
  • St Vincent
  • Sudan
  • Suriname
  • Sweden
  • Switzerland
  • Syria
  • Taiwan
  • Tanzania
  • Thailand
  • Trinidad And Tobago
  • Tunisia
  • Turkey
  • Turks And Caicos
  • UAE
  • Uganda
  • Ukraine
  • United Kingdom
  • Uruguay
  • US Virgin Islands
  • USA
  • Uzbekistan
  • Venezuela
  • Viet Nam
  • Yemen
  • Zambia
  • Zimbabwe

How To Buy International Health Insurance (IPMI) 2021

We are selling the report on Research and Markets for £3600 for all 3 volumes. However, if you are an advertiser or iPMI Magazine subscriber, we are offering the report at a reduced price. To take advantage of this offer please complete the form here, or write to ipmi[at]ipmimagazine.com

About The Author

Ian Youngman is a writer and researcher specialising in insurance. He writes regularly for a variety of magazines, newsletters, and on-line services. He publishes a range of market reports and undertakes research for companies and has London market management experience with brokers and insurers. 

 

 

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iPMI Magazine Marketing And Advertising Media Kit 2021

Learn All About iPMI Magazine Professional Digital Advertising, Media & Marketing Services In The Brand New iPMI Magazine 2021 Marketing And Advertising Media Kit.

  • STATS: Get all the traffic stats and latest reader info on;
  • iPMIM FORMATS: Explore the varied media formats available;
  • COUNTRIES: Discover the Geographics of the iPMIM audience;
  • SPONSORS: Learn why and how the industry is working with;
  • iPMIM RATE CARD: Find a suitable rate and marketing program.

iPMI Magazine is where the international medical, health care and expatriate market go to protect insureds, find new providers, expand worldwide broker networks, build new relationships and stay 1 step ahead of the risk.

“The International Private Medical Insurance Magazine have great market knowledge and experience in the iPMI sector and they produce excellent market updates. We are delighted to be associated with Christopher Knight and his team.”

CHRISTOPHER PERCIVAL, BOARD DIRECTOR, HEALTHCARE INTERNATIONAL

Over 40,000 international private medical insurance executives, in over 120 countries, rely on iPMI magazine each month to stay 1 step ahead of the risk.

Due to the nomadic nature of the international private medical insurance (IPMI) market iPMI Magazine is an internet based news service for worldwide insurance and assistance professionals who need to understand the impacts of health care and insurance policy, regulatory, and legislative developments.

iPMI Magazine is the only truly global IPMI media serving the international medical insurance and assistance industry. Trusted by leading iPMI payors and providers we deliver all of the industry news under 1 roof.

  • Always-on digital media;
  • Highly referenced by the industry;
  • 40K+ unique readers each month;
  • 11 years in operation;
  • Increase online influence;
  • Drive targeted web traffic;
  • Written by the industry;
  • Educational and informative;
  • Regular news = regular readers;
  • Executive and exclusive;
  • All the news under 1 roof;
  • Easy to access.

Readers find iPMI Magazine via the following means:

  • iPMI Magazine subscriber database - see page 9;
  • Email newsletters;
  • Social Media;
  • Web searches from sites like Google;
  • By habit;
  • Recommendation.

“If you want to succeed in the Global IPMI business, I highly recommend that you get to know Christopher Knight.”
MICHAEL NOLE, HEAD OF BUSINESS DEVELOPMENT, CIGNA Global IPMI.

“iPMI Magazine is an excellent source of in-depth information on our market and useful to a wide range of brokers, customers, insurers and service providers.”

RICHARD DI BENEDETTO PRESIDENT - AETNA INTERNATIONAL

Book A Free Digital Media Consultation With An IPMI Marketing Expert

Write to ipmi[at]ipmimagazine.com to book a free digital marketing consultation today.

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Sheldon Kenton Appointed President And CEO Of IPMI Leader GeoBlue

GeoBlue, the leader in IPMI and international healthcare, announces the appointment of Sheldon Kenton as President and Chief Executive Officer. According to the Board of Directors the position was effective December 1, 2018.

Alan Krigstein, Chairman of the Board of Directors of GeoBlue said, “The Board is excited to have Sheldon join GeoBlue. His unmatched passion and knowledge of the IPMI industry makes him the ideal leader to help GeoBlue become the leading provider of IPMI globally”.

Kenton brings his extensive healthcare experience to GeoBlue having served on its board. For the past two years, Kenton has been Managing Director for Bupa Global, the international health insurance arm of Bupa. Prior to joining Bupa Global in 2015, Sheldon spent 18 years in leadership roles at Cigna, five of which were as Chief Commercial Officer for Cigna Global Health Benefits (CGHB) North America, where he also oversaw its global sales and client management operations.

As Chief Executive, Sheldon will continue to guide strategic direction and collaboration between Blue Cross Blue Shield and Bupa, leveraging his sought-after experience in international private medical insurance (IPMI) to ensure a seamless experience for customers and brokers worldwide.

As a leader in international healthcare, GeoBlue is a licensee of the Blue Cross and Blue Shield Association (BCBSA), whose licensees are domestically and internationally regarded as leaders in healthcare coverage and whose products and services are strategically designed to meet the specific needs of mobile employees and individuals. GeoBlue markets and sells a suite of Blue Cross Blue Shield Global products for international travelers, students and expats enabling members to live, work and travel around the world with access to quality healthcare providers.

Sheldon Kenton, President and CEO of GeoBlue said, “I am excited to join GeoBlue and be at the forefront of driving rapid international growth across markets. Our focus on expanding and enhancing one of the largest healthcare provider networks in the world, that comes from joining Blue Cross and Blue Shield with Bupa will enable us to provide IPMI customers with truly global cover."

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Global Market For International Health Insurance For Expatriates And Students Worth Around $12.98 Billion In Gross Written Premiums In 2015

According to new research published by Finaccord, the global market for international health insurance for expatriates and students was worth around $12.98 billion in gross written premiums in 2015 of which around $2.78 billion was due to new policies bought in 2015 itself.

Commented David Bowles, Consultant at Finaccord, "The worldwide market for international health insurance is both large and fast-growing. Its value is not far short of that of travel insurance, which Finaccord estimates at around USD 15.8 billion in gross written premiums in 2015, although it constitutes a fairly small segment within the global market for all types of health insurance which is valued at around USD 1.21 trillion in the same year. Nevertheless, its compound annual growth rate of 11.1% between 2011 and 2015 is comfortably ahead of that for health insurance in general which is recorded at around 4.8% over the same period of time."

Overall, there were around 105.1 million expatriates and students worldwide eligible for international health insurance in 2015 defined as those temporarily resident in a country other than their country of origin for a period of between three months and ten years. These are composed of five main potential customer types, namely individual workers (most numerous at 83.3 million), corporate and other transferees (including diplomats and employees of charities and NGOs) and retired individuals, as well as students plus 'others' (defined as non-employed spouses and children of customers in the other four categories).

"By region of origin, these eligible individuals are most commonly from countries in the Asia-Pacific region given that there were a total of around 50 million of them in 2015," continued David Bowles. "Furthermore, as a destination region, countries in the Middle East attract the most such individuals albeit those going there are among the least likely to acquire international health insurance. Rather, insurance take-up rates are highest among eligible consumers heading to destination countries in Australasia, Latin America and North America with the high cost of healthcare in the latter region, especially the US, a particularly important factor in this respect. However, overall, less than 10% of all individuals eligible to buy international health cover actually do so in practice."

Looking ahead to 2019, Finaccord's research suggests that the compound annual growth rate in the value of this market is likely to pick up slightly to 11.7% which means that the market will be worth around USD 20.20 billion by that year in terms of gross written premiums. However, this expansion will be due primarily to rising average policy prices and secondarily to growth in the number of expatriates and students eligible for international health insurance rather than to an increase in the take-up for this type of cover which is expected to advance only modestly.

Concluded David Bowles, "If underwriters and intermediaries of international health cover can find ways to improve the distribution of their products then even a rise in take-up rates that is only slightly higher than that predicted could bring about a substantial increase in the forecast market value by 2019."

RELATED READING: International And Expatriate Healthcare And Insurance 2014

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2015 Travel Insurance Trends Reveal The State Of The Travel Industry

Throughout the past year, major events, from restored diplomatic relations with Cuba to terrorist attacks in Paris, left a lasting impact on the way people travel. Squaremouth reveals how the top travel insurance trends of 2015 indicate the state of the travel industry.

Travelers Sought Travel Insurance Instead of Canceling Trips After Paris Terrorist Attacks

Following the terrorist attacks in Paris on November 13, 2015, and a subsequent issuance of a Worldwide Travel Alert, travelers showed an increased concern about terrorism impacting their travel plans. Squaremouth.com saw a 38% increase in visitors and a 17% increase in the number of policies sold, with 53% more travelers specifically searching for terrorism coverage, compared to the same period in 2014.

"Following the attacks in Paris, we found that travelers were more interested in purchasing terrorism coverage options for a future trip than they were in canceling the trip altogether," said Squaremouth Customer Service Director Jessica Harvey.

Demand for Benefits Highlights Evolving Concerns

Squaremouth.com provides travelers with filters to narrow down their results when searching for travel insurance coverage that is important to them. In the wake of current events, there was an increase in travelers searching for Terrorism coverage, while the Cancel For Any Reason upgrade remained in-demand.

"Last year, extreme weather and disease outbreaks were a major source of questions from our travelers, mainly resulting from the Polar Vortex and Ebola virus," explained Harvey. "In 2015, we've seen this shift to concerns about security, and an increased need for terrorism coverage."

Standard benefits such as Emergency Medical, Trip Interruption, Medical Evacuation, and Pre-existing Condition Coverage remained the most popular filters in 2015, while interest in Identity Theft coverage and Non-Medical Evacuation grew.

Cuba Saw Boost, While Most Popular Countries Remained the Same

With restored diplomatic relations between the United States and Cuba, travel to the country became more accessible. In 2015, Squaremouth saw a 168% increase in the number of travelers purchasing travel insurance for Cuba over the previous year.

Meanwhile, the top five most popular countries remained the same as in 2014: The United States, Mexico, Italy, France, and theUnited Kingdom.

Baby Boomers Purchased More Travel Insurance Than Any Other Age Group

One group seems to be insuring their travel more than any other: baby boomers. Those aged 50-69 accounted for 40% of travel insurance sales on Squaremouth.com in 2015. This year, the average trip length for these travelers was 17 days, with an average trip cost of $2,426.96.

"While major events in 2015 have caused changes in the way people travel, they haven't changed the demand to travel," said Squaremouth CEO Chris Harvey. "Despite increasing concerns over security, we've seen that people are taking action to be more prepared rather than avoiding travel altogether."

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Top International Private Medical Insurance (iPMI) Magazine Cyber And I.T Security News 2015

Top International Private Medical Insurance (iPMI) Magazine Risk Management Business News 2015

International Travel Risk Security Advice, Warnings, News And Intelligence

Kenya Travel Advice: Heightened Personal Security During The Christmas Holiday Season

The Kenyan authorities have advised heightened personal security during the Christmas holiday season; on 21 December 2015, the Kenyan Ministry of Interior and Co-ordination of National Government issued a public watch notice urging citizens to play a role in counter terrorism and prevention of criminal activities by being vigilant and reporting any suspicious activity, items and people. 117,000 British residents visited Kenya in 2014. International Private Medical Insurance For Kenya Take out comprehensive international private medical insurance before you travel to Kenya, to cover the cost of any medical treatment abroad or emergency repatriation and evacuation. Be sure to read…Written on Wednesday, 23 December 2015 15:32 in iPMI Magazine Travel Warnings and Intelligence


Turkey Travel Warning: Reports Of An Explosion At Sabiha Gokcen Airport

Reports of an explosion at Sabiha Gokcen airport in Istanbul at around 2am on 23 December 2015; the circumstances of the incident are currently under investigation; the airport remains open. Over 2,500,000 British nationals visit Turkey every year. Visas British nationals need a visa to travel to Turkey, except for cruise ship passengers with ‘British Citizen’ passports who arrive at sea ports for tourist visits to the port city or nearby cities, provided that the visit doesn’t exceed 72 hours. If you’re visiting Turkey as a tourist or on business, get an e-Visa online before you travel. Only use the…Written on Wednesday, 23 December 2015 12:03 in iPMI Magazine Travel Warnings and Intelligence


Tunisia Travel Warning: State Of Emergency Has Been Extended For 2 Months

State of emergency has been extended for 2 months from 24 December until 21 February 2016. Further attacks remain highly likely, including against foreigners. Security forces are on a high state of alert in Tunis and other locations. You should be especially vigilant and avoid crowded places over the holiday period, including around Mouled (24 December), Christmas and New Year. If you choose to travel to or remain in Tunisia then you should check that your insurance policy provides adequate cover. You should be especially vigilant and follow the advice of the Tunisian security authorities. There are no direct flights…Written on Wednesday, 23 December 2015 11:08 in iPMI Magazine Travel Warnings and Intelligence


USA Travel Advice: Changes To Visa Waiver Programme (VWP)

18 December 2015 and the US Congress passed a Bill updating the requirements for the Visa Waiver Programme (VWP). Under the new rules, with effect from 1 April 2016, all travellers wishing to enter the US under the VWP will need to hold a passport with an integrated chip. Around 3.8 million British nationals visit the United States every year. Most visits are trouble free. Take out comprehensive travel and medical insurance before you travel. The US Visa Waiver Programme (VWP) allows most British Citizen passport holders to visit the US for up to 90 days without a visa, but…Written on Tuesday, 22 December 2015 11:05 in iPMI Magazine Travel Warnings and Intelligence


Brazil Travel Warning: Cases Of Zika Virus Reported

Cases of Zika virus have been reported in a number of states; you should take steps to avoid being bitten by mosquitoes. Take out comprehensive travel and medical insurance before you travel to Brazil. Foreign nationals are entitled to emergency medical treatment in Brazilian public hospitals. Public hospitals in Brazil, especially in major cities, tend to be crowded. Private hospitals will not accept you unless you can present evidence of sufficient funds or insurance. Make sure you have adequate travel health insurance and accessible funds to cover the cost of any medical treatment abroad and repatriation. If you need emergency…Written on Monday, 14 December 2015 15:20 in iPMI Magazine Travel Warnings and Intelligence


Philippines Travel Warning: Typhoon Melor (Nona)

Typhoon Melor (Nona) forecast to bring hazardous sea and weather conditions to parts of the country from 14 December 2015. Around 20 typhoons hit the Philippines each year. Most typhoons occur from June to December. There may be flooding and landslides. You should monitor the progress of approaching storms and follow the advice of the local authorities, including any evacuation orders. Typhoon Melor (Nona) is forecast to bring hazardous sea and weather conditions to parts of the country, in particular northern Visayas and southern Luzon, from 14 December. Around 133,665 British nationals visited the Philippines in 2014. Take out comprehensive…Written on Monday, 14 December 2015 12:26 in iPMI Magazine Travel Warnings and Intelligence


Lebanon Travel Security Warning: Explosions In Southern Suburb Area Beirut

12 November 2015 and there were explosions in the southern suburb area of Beirut. Reports indicate that many people have been killed and injured. iPMIM advises against all travel to the southern suburbs of Beirut. Avoid this area and monitor local media for updates. On 10 January 2015, 9 people were killed and over 30 wounded in a suicide bomb attack in the Jebel Mohsen area of Tripoli. On 28 January 2015, there was an attack on the Israeli military in the Shebaa Farms area with reports of cross-border shelling near the towns of Majidiyeh, Kfarshouba, Abbasiye and Wazzani. A…Written on Friday, 13 November 2015 14:00 in iPMI Magazine Travel Warnings and Intelligence

iPMIM Advises Against All But Essential Travel By Air To Or From Sharm El Sheikh Airport

Over 900,000 British nationals visit Egypt every year. Most visits are trouble-free. 31 October 2015, a flight from Sharm el Sheikh to St Petersburg crashed in North Sinai. Egyptian and Russian authorities are conducting an investigation. There is a significant possibility that the crash was caused by an explosive device. As a precautionary measure, we are now advising against all but essential travel by air to or from Sharm el Sheikh. UK carriers will not take passengers directly to Sharm el Sheikh airport. FCO are working with the Egyptian authorities and air carriers to put special security measures in place…Written on Thursday, 05 November 2015 07:39 in iPMI Magazine Travel Warnings and Intelligence
Philippines Travel Advice: Security Ramped Up For APEC Summit

The Philippines hosts the Asia Pacific Economic Co-operation (APEC) summit in Manila on 16 to 20 November. There will be a heightened security presence across the city including at Ninoy Aquino International Airport. Scheduled road closures and security checkpoints will cause delays in travel across the city and many schools, government offices and businesses will be closed. If you are flying to or from Manila during this period check with your airline, as flight delays, diversions and cancellations may occur. Around 133,665 British nationals visited the Philippines in 2014. Most visits are trouble-free. Take out comprehensive travel and medical insurance…Written on Monday, 02 November 2015 14:14 in iPMI Magazine Travel Warnings and Intelligence

Egypt Travel Advice

31 October 2015, a flight from Sharm el Sheikh to St Petersburg crashed in North Sinai; Egyptian and Russian authorities are conducting an investigation. Over 900,000 British nationals visit Egypt every year. Most visits are trouble-free. Parliamentary elections are scheduled to take place from 18 October to 23 November. There may be rallies around the country in the run up to the elections. You should avoid all rallies and demonstrations. On election days tight controls will be in place around polling stations with access restricted to voters and officially accredited observers. In previous elections British nationals have been arrested close…Written on Monday, 02 November 2015 11:20 in iPMI Magazine Travel Warnings and Intelligence


UK FCO: Concerns About Quality Of Medical Treatment In Holiday Resorts In Egypt

The South Sinai Hospital in Sharm el Sheikh is currently under investigation by the Egyptian Ministry of Health; there are alternative state and private hospitals in Sharm el Sheikh. You can find a list of most commonly used hospitals in Egypt on the British Embassy website. In an emergency dial 123 and ask for an ambulance. You should contact your travel company and your insurance/medical assistance company promptly if you are referred to a medical facility for treatment. There are reports of some hotel doctors overcharging for treatment and medicines. Examine your bill closely and challenge excessive charges. Pharmacies outside…Written on Monday, 05 October 2015 11:21 in iPMI Magazine Travel Warnings and Intelligence


Tajikistan Travel Warning: Armed Clashes Involving Security Forces Resulting In A Number Of Deaths Reported Close To Dushanbe International Airport

4 September, armed clashes involving security forces resulting in a number of deaths were reported close to Dushanbe International Airport. Tajik authorities are investigating and there is an increased security presence in the area. Given the possibility of further incidents, you should take extra care and monitor the local media. Tourism, health and transport infrastructure is poor and travel requires careful planning. Avoid off-road areas immediately adjoining the Afghan, Uzbek and Kyrgyz borders, which may be mined. Take out comprehensive travel and medical insurance including evacuation by air ambulance before you travel.Written on Friday, 04 September 2015 10:56 in iPMI Magazine Travel Warnings and Intelligence


International Trains From Budapest Have Been Suspended Until Further Notice

International trains from Budapest Keleti train station have been suspended until further notice due to disruption. Monitor the local media, and check with your carrier and the Hungarian Railways (MÁV) website for further information. Since the end of August 2015 there has been considerable disruption to rail and road transport from Budapest to the Austrian border. This is due to police and border enforcement action as a result of significant numbers of people seeking to transit through Hungary. Around 400,000 British nationals visit Hungary each year. Take out comprehensive travel and medical insurance before you travel.Written on Friday, 04 September 2015 10:53 in iPMI Magazine Travel Warnings and Intelligence


India Travel Warning: Flood Warnings For Uttar Pradesh, Bihar, Assam And West Bengal

A flood warning has been issued to Uttar Pradesh, Bihar, Assam and West Bengal due to the possibility of heavy rainfall in the foothills of the Himalayas over the next few days. The rainfall will also lead to swelling of rivers Kosi, Gandak and Ghaghara, tributaries of Ganga and all tributaries of Brahmaputra. You should monitor local and international weather updates from the Indian Meteorological Department and follow the advice of local authorities and your travel company. Over 800,000 British nationals visit India every year. Before you travel to India, take out comprehensive medical and travel insurance and read the…Written on Wednesday, 19 August 2015 06:20 in iPMI Magazine Travel Warnings and Intelligence

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