AXA COLPATRIA is a specialist provider of prepaid and health insurance coverage in Colombia, ranking sixth largest in the PHI (prehospital and insurance) sector in terms of revenue with a six-per-cent market share.
The addition of AXA COLPATRIA’s medical insurance coverage allows MAXIS GBN, an employee benefits network co-founded by MetLife and AXA, to offer multinational clients an even wider service in the country. The network combines underwriting capabilities with deep technological innovation to deliver global employee benefits solutions that help leading multinationals and cross-border businesses care for their staff and meet their strategic business goals.
Bernardo Rafael Serrano López, General Director and CEO, AXA COLPATRIA, commented: “The medical insurance market in Colombia remains highly competitive, with strong opportunities for growth. As such, it is great to be working with MAXIS GBN and helping to provide medical coverage to the employees of their multinational clients in the Colombian market. MAXIS GBN’s value proposition in the South American market is attractive and we are delighted to have formalised this partnership.”
Also commenting on the partnership, Jérôme Picon, Head of Finance & Operations, MAXIS GBN, said: “With the world focused on best-practice healthcare during the Covid-19 pandemic, we are delighted to be working with a strong medical partner in Colombia and to be expanding our network in Latin America. Colombia is a fast-growing market and it’s great to be able to complement our existing life insurance coverage with a great medical provider. Looking ahead, we are focused on continuing to grow our network globally, with partners that can help deliver the best local insurance coverage to our multinational clients.”