Bupa international launches cover for expats in singapore
Expats in capital of Singapore can now buy international private checkup insurance (IPMI) from Bupa International, thanks to a partnership agreement with Singapore-based International checkup Insurers (IMI). capital of Singapore represents one of Asia's main international business hubs and is home to about 550,000 expatriates, representing some 12% of the population. Bupa International has been look to enter the marketplace for some time to provide corporate and person customers with IPMI merchandise tailored to their needs. Thanks to its new partnership with IMI, Bupa International's IPMI merchandise are now available in capital of Singapore in line with local statute law. Under the new understanding, Bupa International's policies will be dual branded - carrying both the Bupa and IMI names - and IMI will collect premiums locally from client. Ray Bond, Head of Sales for Asia Pacific Ocean at Bupa International says: "As an international business centre, Singapore is home to a very large community of expats and offering huge marketplace potential for IPMI sales. We have been look at the marketplace for some time and in IMI, we have found a spouse who can help us deliver products that will meet the particular needs of expats living and workings in capital of Singapore." |