As part of a programme to develop its global footprint in key expatiate markets, Aviva has entered into an arrangement with local Dutch insurer OZF Achmea.
Under Dutch law, expats are normally required to have compulsory Dutch national health insurance provided by a local insurer. Under this new arrangement, customers in the Netherlands can be covered by OZF Achmea at reduced rates, as well as benefiting from cover provided by Aviva’s International Solutions plan if they have to travel to other countries, with a significant reduction in standard rates.
An IPPR (Institute of Public Policy Research) 2013 survey estimated that there are around 48,000 British expats living and working in the Netherlands.
At the same time, Aviva has added Bahrain (12,000 UK expats) and Jordan (8,000) to its Gulf Solutions private medical cover schemes. This has also been achieved using local insurers and providers.
What They Say
Head of International Teresa Rogers said: “I’m delighted we have secured partnerships with leading insurance providers in Bahrain, Jordan and the Netherlands, which will ensure our members benefit from local knowledge and understanding of each country’s legal requirements.”
What We Say
"In recent years, many countries have toughened their approach to expats’ health cover, not only requiring them to have suitable cover in place, but also in some cases requiring that cover to be through a local insurer. For example, Dubai’s new rules came into effect from January 2015.
"That can be a challenge for UK based international PMI insurers, whose natural inclination would be to run everything from the UK (which remains the world centre for insurance, with its reputation for fairness, technical expertise and competitive pricing).
"We are used to thinking of such arrangements in the Middle East but, closer to home, the Netherlands market is actually bigger than many Middle East markets, so this new arrangement could open up another market for brokers that work in this field.
"Aviva’s solution (no pun intended) looks to offer the best of all worlds – using OZF Achmea to provide Netherlands cover and Aviva’s own International Solutions plan for cover outside the Netherlands – and with discounted costs all round."