Pacific Prime Releases the State of Health Insurance Report 2023

HONG KONG--(BUSINESS WIRE)--Pacific Prime, an award-winning global health insurance brokerage and employee benefits specialist, has released the State of Health Insurance Report 2023. Now in its sixth edition, the annual report is a deep dive into key global and regional trends in the international private medical insurance (IPMI) sector catering to both individual and corporate clients.

Against the backdrop of geopolitical and macroeconomic challenges, this year’s report sheds light on a number of trends like medical inflation and affordability concerns, ChatGPT and AI tools’ transformative role, COVID-19’s impact on health equity and telemedicine, data protection and compliance issues, workforce challenges for health insurers, and the modernization of insurance plans and packages.

Neil Raymond, Founder and CEO at Pacific Prime, said: “Pacific Prime’s State of Health Insurance Report is a fantastic insurance resource that keeps up with the ever-evolving IPMI sector and provides much-needed clarity to help readers make informed decisions. Bringing together analysis and case studies from our in-house insurance specialists and external insurance partners, the report is highly worth a read.”

Key contributors from Allianz, AXA, Bupa, Cigna, and WBN provide further nuance and depth to the report, as do representatives from Pacific Prime’s regional offices across five continents. This includes Hong Kong, China, Thailand, Singapore, Malaysia, the United Arab Emirates, the United States, Brazil, Mexico, and the United Kingdom.

Download a complimentary copy of the report to gain a comprehensive understanding of the trends.

About Pacific Prime

Established in 2000, Pacific Prime is an award-winning global insurance brokerage and employee benefits specialist that offers individual and corporate insurance solutions. With USD $750 million premium under management, Pacific Prime is now the third largest employee benefits broker in the Asia Pacific after acquiring CXA Group’s brokerage arms in 2021. The brokerage has over 1,000 employees and 15 offices worldwide including Hong Kong, Singapore, China, Thailand, Malaysia, UAE, the UK, the US, Mexico, and the Philippines.

To learn more about Pacific Prime, please visit: https://www.pacificprime.com