Generali and Bupa Global strike strategic partnership

30-09-2021

Generali and Bupa Global strike strategic partnership

Paolo Ribotta, CEO, Generali Employee Benefits

Generali Employee Benefits Network (GEB) and Bupa Global have agreed a partnership to offer “international private medical insurance (IPMI) and global employee benefits solutions to their new and existing corporate customers.

GEB customers gain access to Bupa Global’s health and wellbeing offering across more than 190 countries, while Bupa Global customers will be able to access health and benefits solutions provided by GEB’s worldwide network.

Customers gain 24/7 access to in-house healthcare experts, second medical opinions, multilingual advisors, enhanced mental health benefits, and the ability to include the plans in international employee benefits arrangements. 

The deal builds on GEB’s existing partnership with Bupa in the UK while enabling Bupa Global to expand its worldwide coverage in the IPMI market.

Paolo Ribotta, CEO of Generali Employee Benefits, said: “This is another testament to our strategy to continue to strengthen our network and ecosystem of partnerships and the result of a broader strategic plan that translates our ambition of being lifetime partners to our customers. Health and wellbeing markets will continue to grow, and the proposition of companies towards their employees goes in the direction of interpreting wellbeing increasingly in a broader sense. We are focusing on bringing to internationally mobile employees all solutions to their needs, and having the right partners to support us on this path is key.”

Sheldon Kenton, CEO for Bupa Global, said: “Now more than ever, people are prioritizing their health and wellbeing. Our own research from the Bupa Global Wellbeing Index showed that over the past year, nearly half (48%) of senior leaders spent more time focusing on their physical and mental health. We are pleased to enter this agreement with Generali Employee Benefits, which aligns to our strategy to accelerate growth in IPMI and give more customers access to premium healthcare, where and when they need it.”

Generali, Bupa Global, Partnership, IPMI, Employee Benefits, Insurance, Reinsurance, Paolo Ribotta, Sheldon Kenton, Europe, Global

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