Al Ain Ahlia, Aetna International launch health ins.
Friday, 01 24 2020, Category: Insurance and Reinsurance, Country: U.A.E
Al Ain Ahlia Insurance Company, in collaboration with Aetna International, a leading global health benefits provider, announced the launch of Focus, a product intentionally designed to deliver value, convenience and peace of mind to SMEs across the United Arab Emirates (UAE). Focus is designed and developed by Aetna and insured by Al Ain Ahlia.
“The small business sector is a significant part of the economy here in the UAE. In fact, 94% of companies in the UAE are categorised as SMEs and according to reports from the Ministry of Economy, the sector employs approximately 86% of the private sector workforce,” commented Mr. Mohamed Mazhar Hamadeh, General Manager at Al Ain Ahlia. “Given that the health insurance requirements of SMEs can vary greatly from those of larger enterprises, as a local insurance provider, it was important for us to work closely with Aetna to understand these unique needs and provide flexible health insurance plans that are both comprehensive and financially viable.”
To ensure it provided the benefits that are valued by SMEs, Aetna International conducted an in-depth survey of more than 400 employers in the UAE. According to survey results, level of security and safety advice and extent of wellness and healthy living support programs offered by the insurer were key section criteria. Working with an insurer that has a local presence in the UAE and doesn’t increase premiums significantly at time of renewal were also cited as important factors. However, the single biggest factor was the identification of a plan that was better suited to business needs.