NextGen i.i. finalizes reinsurance settlement with AXA Well being




NextGen i.i. finalizes reinsurance settlement with AXA Well being | Insurance coverage Enterprise America















Collaboration will see new IPMI merchandise within the LatAm and Caribbean

NextGen i.i. finalizes reinsurance agreement with AXA Health


Reinsurance

By
Kenneth Araullo

Worldwide personal medical insurance coverage (IPMI) supplier NextGen Worldwide Insurance coverage (NextGen i.i.) has entered right into a strategic reinsurance settlement with AXA PPP healthcare Restricted (AXA Well being).

As per the settlement, NextGen i.i. is about to launch new IPMI merchandise within the LatAm and Caribbean market. These choices goal to supply complete protection for people and households to additional develop the vary of insurance coverage options obtainable. AXA Well being will probably be backing these merchandise because the reinsurer.

The reinsurance settlement between NextGen i.i. and AXA Well being took impact this month.

“We’re honored to have AXA Well being as our reinsurer. This partnership will enable us to develop our product choices and supply our prospects with even higher worth and peace of thoughts,” NextGen i.i. CEO Ricardo Gonzalez-Padilla mentioned.

“This settlement will allow AXA Well being to mix our industry-leading capabilities and assets to supply reinsurance protection to NextGen i.i., who’s delivering revolutionary insurance coverage options aiming to satisfy the evolving wants of consumers within the Latin America and the Caribbean area,” AXA Life & Well being Reinsurance Options CEO Laurent Pochat – Cottilloux mentioned.

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