Hollard and Cigna partnership promises health cover revolution in Mozambique

Login

Register

http://www.clubofmozambique.com/

Hollard and Cigna partnership promises health cover revolution in Mozambique

3:08 CAT | 05 Oct 2016

Local insurance provider Hollard Mozambique and global health insurance expert, Cigna announced a partnership, which promises to revolutionise health insurance in Mozambique.

The partnership represents the best of both worlds: Hollard as a group is a recognised presence in Africa, including Mozambique, with extensive local knowledge and a huge network of partner brokers, while Cigna specialises in global health plans. Pooling their resources and know-how, the two groups have developed a health insurance product that is perfect for the African market.

“Hollard is very enthusiastic about the prospect of providing world-class health insurance solutions to the Mozambican market, where we see significant opportunity,” says Hollard executive director: Henri Mittermayer

“We believe that the market is presently under-served and that this solution closes the gap between a global solution and a local product for the market.

Hollard Cigna Health will reinvent the health insurance value proposition for Mozambique, and serve not only expats but local employees of corporate and commercial entities.”

The development of a standardised, fully compliant product offering that will serve the Mozambican market represents an ideal, all-in-one situation for the principal target corporate and commercial audiences looking to establish a long term sustainable employee benefit strategy in Mozambique.

In addition to the employee benefit strategy, Bukhosi Sibanda, Hollard Mozambique’s technical and commercial director, also emphasizes the simplicity and transparency of the health plan reports. Bukhosi highlights that this will help corporate and commercial audiences to manage their employee long term health status and hence enhance work place productivity.

Local understanding is vital to the development of this health insurance product, says Bukhosi.

The local team says that the Hollard Cigna Health product meets the health insurance needs of the country. The development of this product was a process that took Mozambique’s unique situation and legislative demands into consideration, a result of Hollard’s 15 years in country experience.

Henri is excited because this is the first local product providing international health cover with risk on the local balance sheet. Fully admitted, locally compliant!

This level of compliance simply hasn’t been adequately achieved before now.

“Hollard Mozambique is already an established player but our partnership with Cigna – one of the biggest hitters in global health insurance – will certainly enhance our standing and reach in the Mozambican market says Bukhosi.

Source: Hollard Mozambique