David Healy, who until now has been general manager for Aetna International ‘s European operations, has been named chief executive of the company’s newly-combined European and Middle East & Africa divisions.
Healy came to Aetna International in 2012, after a nine-plus years stint as CEO of Aegon Ireland. Altogether he has more than 30 years of experience in international insurance and the employee benefits industries.
Aetna International is the UK-based international arm of US private medical insurer Aetna, which is based in Hartford, Connecticut and listed on the New York Stock Exchange.
In his new role, Healy will be based in Dubai, Aetna said, and will oversee Aetna’s planned expansion of its international business across the EMEA region, helped by a “multi-cultural team” of more than 500 Aetna staffers.
Healy noted that Aetna had decided to create an EMEA regional structure in order to better support its declared strategy of scaling up its capabilities while working with stakeholders in the region.
In addition to enabling it to “leverage our strengths” the new structure will also facilitate “faster decision-making, more regional empowerment and accountability, and put our customer groups at the heart of everything we do – including brokers”.
Healy will be based at the regional headquarters in the United Arab Emirates and will be responsible for all Aetna International markets across Europe, the Middle East and Africa.
His insurance career began in 1987 with operational roles in Ireland. He joined J Rothschild International in 1993, to help launch its international operations from Dublin. He joined the cross-border life assurance company Scottish Equitable International in Luxembourg at its start-up there in 1995, and was made its managing director two years later.
Aetna International claims to be one of the largest providers of private medical insurance services in the international space, with more than 700,000 plan members worldwide, including expatriates, local nationals and business travellers.
In 2014 Aetna acquired a major, Asia- and Middle East-focused rival in the international sector, InterGlobal.
In March, as reported, it announced a major expansion into Canada, beginning with the opening of an office in Toronto.