Now Health International, the Hong Kong-based international private medical insurance company founded by French insurance executive Martin Garcia, has announced that it is expanding its coverage in the United Arab Emirates market to include Abu Dhabi.
The company said the expansion comes “as part of broader plans to grow the business globally, following the acquisition of Best Doctor’s Insurance in 2015”.
The expansion means that Now Health’s WorldCare Advance, Excel and Apex insurance plans, currently available in all other parts of the UAE, are now compliant with the Health Authority of Abu Dhabi (HAAD), and are available for groups with a minimum of ten employees.
“The move will allow Now Health International to offer its WorldCare plans to groups based solely in Abu Dhabi, as well as the large number of groups based in other parts of the world, but with a proportion of their employees resident in Abu Dhabi,” Now Health said in a statement.
Consistent with Now Health International’s operations across the UAE, the WorldCare plans issued in Abu Dhabi will be insured by RSA Insurance, and administered by Now Health International, as part of a recent partnership agreed between the two companies last year.
Now Health said it is in the process of adding to its healthcare provider network to ensure its Abu Dhabi clients have access to the best care.
The Abu Dhabi operation will be overseen by Zahir Sharif, managing director of Middle East and Africa at Now Health.
Now Health founder and chief executive Garcia said the expansion into Abu Dhabi marked “the next step in our journey to expand our offering across the Middle East and Africa, as we work to create a truly global service proposition for our customers”.
Founded in 2011, Now Health today has offices in the UK, UAE, China, Singapore and Indonesia, in addition to its base in Hong Kong.
As noted in a profile about the company last year, it acquired Best Doctors Insurance, a Bermuda-based major medical insurance provider with distribution throughout Central and Latin America, the Caribbean and Canada, in 2015, which at a stroke has enabled it to increase its global reach.
The company benefits from the backing of a Bermuda-based private equity firm, Primary Group, which specialises in backing insurance, digital and specialty financial services companies.