Pacific Prime Releases New Report on the State of Health Insurance
HONG KONG--(BUSINESS WIRE)--May 19, 2019--
Pacific Prime, a global employee benefits and insurance brokerage, today announced the launch of their new report on the International Private Medical Insurance (IPMI) landscape. As the industry’s first-ever report that provides a macro snapshot of global trends, changes, and challenges facing individuals and businesses, the State of Health Insurance Report 2018-2019 seeks to simplify insurance for buyers so they can make more informed purchasing decisions.
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Pacific Prime’s State of Health Insurance Report Infographic (Graphic: Business Wire)
Pacific Prime’s latest global report utilizes insights from their team of consultants, as well as representatives from insurance providers Aetna, Bupa Global, and Cigna. The free-to-download State of Health Insurance 2018-2019 study highlights the following key themes and findings:
- The most important changes to the global insurance landscape in recent years include increased regulation (e.g. the GDPR), continued inflation, the rise of flexible employee benefits, the widespread adoption of insurtech, an ever-increasing focus on client experience, clients demanding simpler products, and insurers making sure clients are better informed about their policies.
- The most prominent global trends as it pertains to individual buyers in 2018-2019 include a noticeable uptick in the prevalence of affluent local buyers, an aging population, and people opting for simpler plans amid rising insurance costs.
- The key challenges facing corporate buyers in 2018-2019 are an increasingly competitive global market, businesses wanting more face time in addition to a strong digital offering, and compliance limiting the number of solutions available in particular jurisdictions.
For a full explanation of the findings mentioned above, click here to download the complimentary report.
To provide a regional-specific breakdown of the state of health insurance, the insurance brokerage has also released reports on the IPMI landscapes of the world’s most expat-popular locations. You can view the China, Dubai, Hong Kong, Singapore, and Thailand report(s) in their respective websites.
About Pacific Prime
Established in 2000 in Hong Kong, Pacific Prime has grown from its humble beginnings to becoming the largest health insurance and employee benefits brokerage in Asia. To learn more about Pacific Prime, visit their website today: www.pacificprime.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190519005008/en/
Stephen Ho, Marketing Director - Pacific Prime and Kwiksure
+852 3589 0508
KEYWORD: ASIA PACIFIC CHINA HONG KONG
INDUSTRY KEYWORD: HEALTH PROFESSIONAL SERVICES CONSULTING HUMAN RESOURCES INSURANCE GENERAL HEALTH
SOURCE: Pacific Prime
Copyright Business Wire 2019.
PUB: 05/19/2019 11:30 PM/DISC: 05/19/2019 11:30 PM