Everest Insurance International has enhanced its growing Accident and Health (A&H) offerings with the launch of Innovator, an AI-driven international private medical insurance product that aims to redefine the standards of employee health coverage. The product is first available in Singapore and was developed in collaboration with DocDoc and AXA Life and Health Reinsurance Solutions.

In the iPMI Global Regional article, we discover how Best Doctors Insurance can help expatriates, travellers and tourists navigate the healthcare systems in Latin America.

We review the key themes and insights from an interview with Sheldon Kenton, CEO of Best Doctors Insurance, published by iPMI Global. The interview focuses on the company's position in the Latin American international private medical insurance (IPMI) market, highlighting its strategies, the challenges, and opportunities.

WTW, (NASDAQ: WTW), a leading global advisory and broking solutions company, today announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance brokerage service. The new service will offer insurance solutions to commercial clients, as well as wholesale facultative reinsurance placement services to partner brokers or agencies in Japan under the entity, WTW Broker Japan Co., Ltd.

The Council of Health Insurance has launched "Bushra," a virtual assistant powered by artificial intelligence. This innovative tool aims to enhance the quality of services provided and improve the experience of CHI beneficiaries, contributing to increased satisfaction and better healthcare service delivery.

Cigna Healthcare, a global leader in health services, has launched its latest campaign, 'Your Health Plan Your Growth Plan,' aimed at reinforcing the critical connection between employee well-being and organizational health. This initiative highlights the importance of holistic health approaches in cultivating a productive and engaged workforce, essential for driving business success.

Announced Monday, July 22^nd, the United Arab Emirates (UAE) Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced a project to assist tourists with health insurance issuance as part of its “transformational projects.”

According to recent stats from the National Financial Regulatory Administration in Beijing, total assets of the insurance companies amounted to RMB 32.9 trillion, up by RMB 1.4 trillion or 10.4% from the beginning of the year 2024.

According to The Health Insurance Authority Ireland quarterly market statistics for Q1 of 2024, the average adult premium is now €1,685 - an increase of almost 13% on the first quarter of 2023. 

According to the Hong Kong Insurance Authority, provisional statistics for the first quarter of 2024, show a rise of total gross premiums by 12.2% to $165.1 billion over the corresponding period in 2023.

In this iPMI Global country updates article, we go to India, and take a look at news that Axis Bank and Bajaj Allianz General Insurance has forged a bancassurance alliance to boost insurance adoption.