InterGlobal partners with Alfalah Insurance to bring UltraCare products to Pakistan
19 May 2010
InterGlobal Ltd. has entered into a partnership arrangement with Pakistani insurer Alfalah Insurance Company, to offer InterGlobal’s UltraCare product line of international private medical insurance (PMI) throughout Pakistan.
The new partnership agreement sees Alfalah taking charge of underwriting and distribution of the UltraCare insurance products in Pakistan, while InterGlobal will handle reinsurance of the product and administration of policies. The policies are targeted at expatriates, individuals and companies.
The UltraCare product comes in four variants: UltraCare Standard, UltraCare Select, UltraCare Comprehensive and UltraCare Plus. These range in coverage options from full in-patient and daycare hospital coverage up to high levels of outpatient coverage, as well as dental and psychiatric cover. All UltraCare plans include coverage of emergency evacuations and repatriations as well as some level of access to 24-hour a day security assistance from international security experts red24.
InterGlobal’s General Manager for the Middle East, Francois Keyser says that “Our partnership with Alfalah Insurance Company Limited in Pakistan enables us to extend our range of international private medical insurance to individuals, expatriates and companies across Pakistan. The partnership is key to our expansion in Pakistan. It also confirms our philosophy of working with partners that have the same commitment to service excellence as InterGlobal Ltd. Our customers can be assured that they will have access to the high standards of service and quality they are accustomed to internationally with service being provided locally by Alfalah Insurance Company Limited.”
Notes for editors
About InterGlobal Insurance Company Limited:
UK headquartered InterGlobal, the international private medical insurance company with customers in over 160 countries, has 10 offices worldwide. It provides international health insurance for expatriates, frequent travellers and international business people all over the world and covers individuals, families as well as corporate and affinity groups.
The company, founded in 1998, is known for its innovation, flexibility and personal approach to service, has seen great success and growth in the highly competitive and growing private medical insurance market. It has been an FSA regulated insurance company since March 2007 with an initial AM Best B++ rating. The move from agency to insurer was part of an initiative with Alchemy Partners, the private equity firm, and InterGlobal management. It involved the acquisition of InterGlobal from its previous managers.
InterGlobal Insurance Company Limited is authorised and regulated by the Financial Services Authority.
For further information see the InterGlobal website: www.interglobalpmi.com
For press enquiries please contact:
Emma Lucas
Telephone: +44(0) 1252 745 950
Email: emma.lucas@interglobalpmi.com
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