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THE DAWN OF A NEW PARTNERSHIP
A new agreement between GlobeMed Jordan and AUIC
Within its goal of expanding its reach in the market, GlobeMed Jordan, has signed this month a new TPA service contract with the Arab Union International Insurance Company (AUIC).
Within its goal of expanding its reach in the market, GlobeMed Jordan, has signed this month a new TPA service contract with the Arab Union International Insurance Company (AUIC).
AUIC is a Jordan-based public shareholding company that provides all classes of insurance and reinsurance products and services except life insurance. The company used to run its own Third Party Administration (TPA) services and was restructured into a medical insurance division that will be served by GlobeMed Jordan.
The Arab Union International Insurance Company runs a very significant medical insurance portfolio in terms of its client's importance and scale. Through this agreement, the total number of adherents that will be transferred to GlobeMed Jordan services via a cutoff process is around 17,000 insured starting at January 15th, 2013.
In plan with its expansion plan, Globemed Jordan will increase its total number of guarantors to 2 noting that the 3rd is in the oven!
