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Pacific Prime Releases New Report on the State of Health Insurance

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HONG KONG–(BUSINESS WIRE)–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.

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.

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Contacts

Media:
Stephen Ho, Marketing Director – Pacific Prime and
Kwiksure
+852 3589 0508


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