Search is Powered by Google
Health Insurance / Medical Insurance News

International Medical Group Provides Insight Into Future Industry Growth

Main Category: Health Insurance / Medical Insurance
Article Date: 26 Sep 2008 - 6:00 PDT

email icon email to a friend   printer icon printer friendly   write icon view / write opinions   rate icon rate article
Current Article Ratings:

Patient / Public:not yet rated

Health Professional:not yet rated

Article Opinions: 0 posts

With the bailout of insurance giant AIG and volatility in U.S. financial markets, there have been a growing number of inquires among insurance producers about the safety of the policies they offer their clients. To ease this anxiety, International Medical Group®, Inc. (IMG®) has been providing insurance producers with guidance on industry growth for the future.

"Any time an insurance carrier runs into financial difficulty, it hurts the industry as a whole," said Jeff Nasser, Senior Vice President of Marketing at IMG. "It's imperative that when you're deciding whose products to offer your clients, you do your research. Look for a company with an extensive product portfolio, offering comprehensive benefits and experienced administration. Whether you're writing your first piece of international business or have years of experience, it's essential to work with a company that provides the international business support and market insight needed to exceed your clients' expectations."

According to Nasser, it's also vital to ensure that your provider is backed by the financial stability of an established international insurance carrier. "Each insurance provider has an insurance carrier that backs its programs," said Nasser. "Credit rating agencies like Standard & Poor's, A.M. Best and Moody's analyze the financial strength, credit ratings and future financial outlook of insurance carriers providing you with the knowledge you need to make sound, confident decisions.

"For example, IMG's insurance carrier is Sirius International, a White Mountains Re company. It holds insurance ratings of A (Excellent - A.M. Best), A- (S & P) and A3 (Moody's). All three ratings, according to the respective ratings agencies, indicate Sirius has the ability to meet its ongoing insurance obligations and has a low likelihood of a rating change due to stable financial and market trends."

Nasser also stated that the opportunity for continued growth in the international market is enhanced by working with a strong, self-sufficient insurance provider committed to quality, whose primary focus is on the client.

About International Medical Group, Inc. (IMG)

International Medical Group is a worldwide leader in designing, distributing and administering global health care benefits. IMG's international reputation for excellence has been established by providing medical, life and disability insurance products to individuals, families and groups in more than 170 countries.

Since 1990, IMG has served over 500,000 clients worldwide including vacationers, business executives, missionary groups, entertainers, Fortune 500 companies, schools and universities, professional marine crew, expatriates and local and third country nationals. IMG is based in Indianapolis, Indiana USA. Its companies also include IMG Europe Ltd, Akeso Care Management®, iTravelInsured®, and IMG-Stop LossSM. IMG's family of companies is committed to meeting the unique needs of its international clientele. For more information about IMG, please call 1-866-368-3724, e-mail info@imglobal.com or visit http://www.imglobal.com.

International Medical Group, Inc




Personalized Homepage Weekly Newsletters Daily News Alerts
Opioid Induced Constipation ADHD Anxiety Asthma Autism Cancer Diabetes Lung Cancer Lupus Medicare / Medicaid Obesity and BMI Pancreatic Cancer Stem Cells All 'What Is...' Articles All 'How To...' Articles

Ophthalmology Urology
About Us News Licensing Free Website Feeds Free Tools & Content Tell a Friend Accessibility Help / FAQ Article Submission Links Contact Us

add medical news today to your facebook
medical news gadget

Swine Flu Image

Swine Flu Updates

- Latest Swine Flu News
- What is Swine Flu?
- Map Of H1N1 Outbreaks
- Swine Flu - Top 20 FAQ
- Daily Email News Alerts
Stick with Medical News Today for the latest news updates on swine flu.


These are the most read articles from this news category for the last 6 months:
Top Article Star
Medicaid, COBRA Provisions Under Economic Stimulus Package Expand Health Care Coverage
22 Jan 2009
Under the two-year economic stimulus package released last week by House Democrats, recently laid-off workers could receive health coverage assistance through an $8.6 billion expansion in Medicaid or $30 billion in federal...


Naps Aren't Just for Kids Anymore
Naps Aren't Just for Kids Anymore

A power nap may be the answer to the mid-day slump. Research suggests naps improve productivity, mental function, and motor function. They also may improve cardiovascular health.

more videos are available in our health videos section.