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Now Health International launch new operation in Indonesia

21st September, 2015 News

Now Health International, the international health insurance provider, today announces the opening of their latest operation in Indonesia.

Working with their underwriting partner in Indonesia, PT Asuransi Sompo Japan Nipponkoa Indonesia (SJNKI) which was established in June 2013*, Now Health’s range of regionally compliant plans are available to both individuals and companies.  Both expatriates and Indonesian local nationals are able to buy the International Private Medical Insurance cover provided by Now Health.

The SJNKI-underwritten product in Singapore is based on Now Health's WorldCare plan with four different levels of cover: Essential, Advance, Excel and Apex.  The annual maximum benefit limit for all plans is USD3m. There is an additional option for customers to have hospital treatment within Indonesia and Singapore in a semi-private room and receive a 5% premium discount.

CEO Martin Garcia commented, ‘There are currently around 65,000** expats living in Indonesia, a figure that continues to grow.  From today, as with all of Now Health’s other regions, our Indonesian-based customers – both expats and local nationals - will benefit from our unique service promises and award-winning online tools to administer their plan.  Global members can also enjoy the local support provided by our Indonesia branch and the expanded cashless network while they are visiting Indonesia.’

All the information about the new product is available to download from here.

* Now Health’s underwriting partner in Indonesia is PT Asuransi Sompo Japan Nipponkoa Indonesia. It was established on June 1, 2013 as a new company, following the merger of between PT Sompo Japan Insurance Indonesia (established on 1978) and PT Asuransi Nipponkoa Indonesia (established in 1975) and the management integration of Sompo Japan Insurance Inc. and Nipponkoa Insurance Co. Ltd. Since September 1, 2014 the name of the merged parent company became Sompo Japan Nipponkoa Insurance Inc. Both existing companies, PT Sompo Japan Insurance Indonesia and PT Asuransi Nipponkoa Indonesia have more than 30 years history in the Indonesian insurance market.

** Data from Indonesia’s Ministry of Manpower and Transmigration, Jan 2015.

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