NextGen i.i. finalizes reinsurance agreement with AXA Health

NextGen i.i. finalizes reinsurance agreement with AXA Health | Insurance Business Asia

Reinsurance

NextGen i.i. finalizes reinsurance agreement with AXA Health

Collaboration will see new IPMI products in the LatAm and Caribbean

Reinsurance

By
Kenneth Araullo

International private medical insurance (IPMI) provider NextGen International Insurance (NextGen i.i.) has entered into a strategic reinsurance agreement with AXA PPP healthcare Limited (AXA Health).

As per the agreement, NextGen i.i. is set to launch new IPMI products in the LatAm and Caribbean market. These offerings aim to provide comprehensive coverage for individuals and families to further expand the range of insurance solutions available. AXA Health will be backing these products as the reinsurer.

The reinsurance agreement between NextGen i.i. and AXA Health took effect this month.

“We are honored to have AXA Health as our reinsurer. This partnership will allow us to expand our product offerings and provide our customers with even greater value and peace of mind,” NextGen i.i. CEO Ricardo Gonzalez-Padilla said.

“This agreement will enable AXA Health to combine our industry-leading capabilities and resources to provide reinsurance coverage to NextGen i.i., who is delivering innovative insurance solutions aiming to meet the evolving needs of customers in the Latin America and the Caribbean region,” AXA Life & Health Reinsurance Solutions CEO Laurent Pochat – Cottilloux said.

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