DNI acquires the Global Choice medical insurance portfolio from Generali Global Health – News
Abdulla Al Nuaimi, Director General, DNI. – Photo provided
The company ensures seamless integration of benefits for partners and promises to maintain the high level of quality services for customers.
Dubai National Insurance & Reinsurance (DNI), one of the UAE’s leading insurance companies, has partnered with Munich Re to take over the Global Choice medical portfolio from Generali Global Health (GGH), an international provider of Health Insurance. The Global Choice policy is one of the most comprehensive financial protection coverages for medical treatment in the Middle East market, offering numerous benefits and thus ensuring client peace of mind.
Munich Re has taken over the reinsurance of policies from Global Choice since July 2021. DNI and Munich Re will maintain the existing benefits and terms and conditions of Global Choice. DNI is committed to preserving the high quality of service initiated by GGH, which has bolstered the popularity of the policy, as evidenced by the high retention rate of renewals.
Abdulla Al Nuaimi, CEO of DNI, said: “We are delighted to officially announce the acquisition of the GGH portfolio in collaboration with Munich Re. This exciting new collaboration affirms our commitment to continuously provide the same level of benefits and services of improved quality. We are committed to working with and strengthening our relationships with our partners to ensure seamless integration, giving clients the peace of mind that they will not only continue to enjoy the benefits of GGH, but also benefit from the combined expertise that DNI and Munich Re have to offer on the international medical front.
To ensure seamless operations after the takeover, DNI continued to work with MedNet as a third-party administrator due to their familiarity with the program benefits of having served members in the past. The process will continue under the new partnership with Munich Re. International network direct billing facilities previously through GGH will now be offered through the global MedNet network and customers will receive global network details upon renewal.
Dr Frank Mayer, Chairman and CEO of Munich Re: “DNI has been a trusted partner, and we look forward to working together and continuing to expand our service portfolio in the years to come. We believe that together, we are in the best position to cultivate an even stronger and more complete ecosystem that will allow us to better serve our customers and partners. “