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NextGen i.i, AXA signal reinsurance deal for brand spanking new IPMI merchandise

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NextGen i.i, AXA signal reinsurance deal for brand spanking new IPMI merchandise

NextGen Worldwide Insurance coverage (NextGen i.i.) has entered a strategic reinsurance settlement with AXA PPP healthcare (AXA Well being) to supply new Worldwide Non-public Medical Insurance coverage (IPMI) merchandise.  

Based mostly in Puerto Rico, NextGen i.i supplies insurance coverage options, services designed to safeguard people, households and companies.  

It primarily gives insurance coverage services for the Latin America and Caribbean area, together with entry to hospital within the US. 

The newest collaboration will permit NextGen i.i to introduce new IPMI merchandise to the market to enhance the vary of insurance coverage options which are presently obtainable available in the market. 

The reinsurance settlement, which got here into impact in January 2024, will see AXA Well being serving because the reinsurer to offer reinsurance protection to NextGen i.i.  

As well as, this collaboration will leverage NextGen’s devoted customer support mannequin and market experience within the medical health insurance sector throughout the Latin America and Caribbean area. 

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The settlement can be projected to fortify NextGen’s place available in the market and develop its service capabilities. 

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

NextGen i.i CEO Ricardo Gonzalez-Padilla added: “We’re honoured to have AXA Well being as our reinsurer. This partnership will permit us to develop our product choices and supply our prospects with even larger worth and peace of thoughts.” 

A part of AXA Group, AXA Well being gives a various portfolio of insurance coverage services to handle the particular wants of world people, companies and organisations. 


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