(PRWEB) February 20, 2014
International insurance provider Aetna announced on November 25, 2013 that they would be purchasing InterGlobal in the first half of 2014, and Neil Raymond, CEO of Pacific Prime, has recently commented on the acquisition in a Q&A on PacificPrime.com.
“We've had an excellent relationship with InterGlobal over the years as one of their top global brokers, so this news was of particular interest to us,” said Raymond. “We weren't particularly surprised by the purchase, as we knew that InterGlobal was looking to get bought out by a larger company, but we feel extremely positive about it.”
Raymond explained that Aetna is likely purchasing InterGlobal specifically because of the company's renowned servicing model in the international market. “The challenge with Aetna has always been a servicing model issue,” said Raymond, “so I see this as very positive for Aetna policyholders in the sense that Aetna is investing heavily in developing that skill-set”.
Regarding InterGlobal policyholders, Raymond stated that the acquisition could bring both stability and scale to InterGlobal. “Aetna are one of the biggest players globally, so this is a big plus for InterGlobal policyholders as well,” said Raymond.
When asked about how this move will affect Pacific Prime, Raymond said, “It's clear that Aetna is changing and moving in the right direction from our point of view. So although the InterGlobal brand may disappear over time, we're confident that our existing clients will be well taken care of, and we're very positive that we'll have a new strong brand in the market with the right products and the right propositions, and ultimately that's good for Pacific Prime as well.”
Pacific Prime is an insurance intermediary based in Hong Kong that offers local insurance solutions and a wide range of health plans to cover individuals and families. With more than twenty years experience in the insurance industry, Pacific Prime offers superior advice on how to get the best insurance and where to get it from.
To read the full Q&A with Neil Raymond, CEO of Pacific Prime, on the recent Aetna/InterGlobal acquisition, visit http://www.pacificprime.com/resources/news/2014/01/30/aetna-interglobal-neil-raymond-interview/