Category Archive For "News"
Pacific Prime Chosen as the WBN’s Preferred IPMI Provider
A milestone has been reached as international health insurance broker Pacific Prime was chosen as the Worldwide Broker Network (WBN)’s preferred Individual Private Medical Insurance (IPMI) broker. As the preferred IMPI broker to the WBN, Pacific Prime will be the go-to high-end private medical insurance broker, taking requests from clients worldwide. About the Worldwide Broker …
The Healthcare War: A Flash in the Healthcare Pan
Future years will bring a whirlwind of patient-related issues for contemporary medicine, including healthcare costs, artificial intelligence (AI), and a showdown between patient rights and regulatory approval. Using healthcare as leverage in international relations and global business has put an end to modest profit and patient-centrism. This has caused disputes between governments, businesses, and insurers, …
Pacific Prime Announces New Office in Australia
Pacific Prime is proud to announce its expansion into Australia, and the opening of a new office. This is a strategic move that represents a significant milestone in the company’s ongoing mission to enhance healthcare access and provide exceptional employee benefits solutions to clients in the Oceanic region. Michael Atta, our Head of Employee Benefits …
Pacific Prime Strengthens Foothold in Malaysia with Acquisition of MIT Insurance
Pacific Prime is proud to announce the strategic acquisition of MIT Insurance, a leading insurance broker in Malaysia specializing in risk management, insurance, and reinsurance. MIT Insurance has specialized in property and casualty, financial lines, and employee benefits solutions for high-profile clients across various industries, earning them a reputation for developing customized insurance programs and …
Pacific Prime Global Conference and Annual Gathering 2024
From January 24 to 26, Pacific Prime’s top executives – Founder Mr. Neil Raymond, Co-founder and CEO of Pacific Prime Insurance Intermediary (Shanghai) Ltd. Ms. Vittoria Depino, and Deputy Global CEO Mr. Pierre de Mirman – gathered with many star performers from across the globe in Shanghai for our company’s 2024 global conference. The China …
Pacific Prime’s The State of Health Insurance 2024 Report Is Here
Pacific Prime’s latest The State of Health Insurance 2023 Report (SOHI 2023) is out and available to download for free! In the latest report, we explored the latest health insurance trends across different regions in the world and provide insights from our own experts as well as from industry titans. In this Pacific Prime article, …
Overview of Insurtech: Everything You Need to Know about It
Insurtech refers to the use of technology to revolutionize how traditional insurance operates. With artificial intelligence, blockchains, and other innovations, claims management, underwriting, contract execution, and risk management performed by an insurance provider will be more cost-effective. We live in a constantly changing world. As we wake up to new information every day, our lives …
Pacific Prime Wins Cigna’s Top Producer in Asia Award 2024
Pacific Prime, a leading global health insurance brokerage and employee benefits specialist, was honored with the prestigious Top Producer – Asia award by Cigna during the Global Broker Advisory Council (GBAC) event held from March 16-19, 2023. The event took place at the renowned Belmond Mount Nelson Hotel (Nellie) in Cape Town, South Africa, and …
How will ChatGPT change the health insurance industry?
Whether or not you’re into the latest technologies, there’s no denying the role that they can play in our lives. Technology has the potential to automate processes, increase efficiency, and, of course, disrupt entire industries and sectors. One example is insurtech – a portmanteau of insurance and technology, which has made big strides in recent …
What is the new COVID-19 variant XBB1.5, and should we be concerned?
A new COVID-19 subvariant is spreading across the United States and parts of Europe. Nicknamed the “Kraken variant”, the new strain appears to be more contagious than the previous strains. However, it has been noted the new variant does not affect people’s immune systems adversely thus far. The WHO said on January 4, 2023, that …