New Frontier Group and IAG sign cost containment deal

Under the agreement, New Frontier Group will provide medical cost containment and assistance support to International Assistance Group (IAG) Partners’ travel and health insurance customers requiring treatment in the US. New Frontier Group’s 24/7 team and technology platform will be available to IAG’s partner companies, helping them to find the most cost-effective and appropriate US hospitals and clinics to suit their needs. As Louise Heywood, IAG General Manager, points out, recommending key service providers is one of IAG’s main duties: “By accessing and pooling the resources and expertise that we have within our network, our advisory team made up of key IAG partners is able to identify the best performing providers for the services our members need.”

“The global travel insurance market is extremely competitive,” said Randall L. Condie, New Frontier Group’s Chief Operating Officer, “and it is essential that insurers and assistance providers look for every advantage they can find in terms of enhanced services and cost control. Our job is to reduce our clients’ costs in the US, and we are confident that our IAG Partner clients will see significant savings.”