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Hong Kong-based medical insurance brokerage and worker advantages specialist Pacific Prime has expanded into Australia.
The transfer is a part of the corporate’s efforts to reinforce entry to healthcare and supply worker advantages options throughout Asia-Pacific.
Pacific Prime additional stated the growth in Australia is geared toward making certain {that a} broader viewers within the area can entry insurance coverage insurance policies tailor-made to their particular person wants.
Michael Atta, head of worker advantages at Pacific Prime Australia, is main the corporate’s growth efforts in Australia.
His profession within the insurance coverage and monetary sectors spans 4 many years.
Pacific Prime deputy CEO Pierre de Mirman stated: “This pivotal second aligns seamlessly with our imaginative and prescient for excellence within the business. We’re dedicated to offering top-notch recommendation and repair within the Asia-Pacific area, and now with Australia, we take a logical and thrilling step ahead.”
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Atta stated: “Becoming a member of Pacific Prime and spearheading our growth in Australia is actually a momentous alternative.”
Along with Australia, Pacific Prime has a presence in international locations together with China, Hong Kong, Malaysia, Mexico, the Philippines, Singapore, Thailand, the UAE, the UK and the US.
It has a workforce of greater than 1,000 throughout its 15 places of work globally.
The growth into Australia comes shut on the heels of the dealer’s progress in Asia, marked by its current acquisition of MIT Insurance coverage Brokers in Malaysia.
MIT offers with numerous strains of enterprise together with property and casualty, monetary strains and worker advantages, serving purchasers throughout various sectors together with medical establishments, meals producers in addition to power corporations.
In 2021, Pacific Prime acquired the Hong Kong and Singapore brokerage models of insurtech firm CXA Group.
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