Anglo-Arab Insurance Brokers launch their Regional Health Plans for Iraq and Afghanistan employees

Anglo-Arab Insurance Brokers launch their Regional Health Plans for Iraq and Afghanistan employees
AAIB Insurance Brokers, a joint British / Iraq owned company based in Amman, Jordan, and the only foreign registered insurance entity in Iraq, has launched what is believed to be the first dedicated Medical insurance policy for local employees in Iraq, Iraqi Kurdistan and Afghanistan.
The RegionalHealth and Health + Plans provide cover for in-patient and day-patient hospital treatment, including injury and illness resulting from acts of war, terrorism and kidnap.
Underwritten with ‘A’ rated security through Lloyds of London, the policy has been specifically developed to meet the needs and requirements of International companies looking to provide essential healthcare benefits to their local employees.
Speaking at the plans recent launch, Mr. Adrian Shaw, Medical Insurance Director for AAIB said, “When we first looked at putting the plans together, we realized that there would be many obstacles and hurdles to overcome, particularly from within the insurance market. Many people were understandably apprehensive about moving into countries like Iraq, which were still considered to be ‘no go’ areas”.
“However, with our experience and knowledge of the region and having been there during the difficult years, we able to convince them that change was taking place and that we believed Iraq, in particular, had turned a corner. Hopefully, now we have started the ball rolling, we will eventually see more and more products coming to the market”.
With premiums starting from less than $10 per employee, per month, AAIB are convinced that they have filled a much needed gap in the market and Adrian Shaw continues, “In today’s culture of Corporate Social Responsibility, we feel that the Regional Health Plan provides the perfect opportunity for companies, both large and small, to reaffirm their commitment to provide the best possible employment benefits and practises - not only for their expatriate staff, but also their local employees”.