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

Worldwide non-public 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 ready to launch new IPMI merchandise within the LatAm and Caribbean market. These choices purpose to offer complete protection for people and households to additional broaden the vary of insurance coverage options accessible. 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 permit us to broaden our product choices and supply our clients with even better 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 offer reinsurance protection to NextGen i.i., who’s delivering revolutionary insurance coverage options aiming to fulfill the evolving wants of shoppers within the Latin America and the Caribbean area,” AXA Life & Well being Reinsurance Options CEO Laurent Pochat – Cottilloux mentioned.

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