Peru’s largest insurance provider RIMAC (Rimac Seguros y Reaseguros), part of the Grupo BRECA conglomerate, is the latest insurance firm to become a member of MAXIS Global Benefits Network (MAXIS GBN). RIMAC will provide medical and life cover to MAXIS GBN clients in Peru. There is a significant demand from multinationals for high quality medical provision in Peru and this new partnership will help ensure employers can offer the best possible care to their employees.
RIMAC has been the largest insurance provider in Peru for the past fourteen years and saw premium income rise to US$1.4 billion last year. It has over 4,000 business clients and offers advanced digital service capabilities, particularly through its mobile solutions. The company is recognised as a technological innovator, being the first to launch a smartphone app and online chatbot (TOBI) in the Peruvian insurance market.1
Gabriel Garcia, International Business Manager, RIMAC, commented: “In the employee benefits market, we are known for our strong product suite and underwriting capabilities, dedicated local teams and the competitive nature of our offering. Partnering with MAXIS GBN will allow us to further enhance our capabilities and help care for the health and wellness of employees of some of the largest multinationals operating in Peru.”
Matthew Richards, Director of Member Management, MAXIS GBN, said: “We are absolutely delighted to welcome RIMAC to the MAXIS network. There’s great demand for top quality medical coverage in Peru and we are delighted that we can now work with RIMAC to offer this service to our multinational clients in the country. We are an ideal cultural fit, as we both have a dedicated focus on investing in innovation, expanding and evolving our digital solutions to support our clients. Combining our global capabilities with RIMAC’s specialist knowledge of the Peruvian market is a winning formula.”
1 Rimac Seguros y Reaseguros, 2019, We are RIMAC, PowerPoint Presentation, Rimac Seguros y Reaseguros, Lima.
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This document has been prepared by MAXIS GBN and is for informational purposes only – it does not constitute advice. MAXIS GBN has made every effort to ensure that the information contained in this document has been obtained from reliable sources but cannot guarantee accuracy or completeness. The information contained in this document may be subject to change at any time without notice. Any reliance you place on this information is therefore strictly at your own risk.
About MAXIS GBN
MAXIS Global Benefits Network (MAXIS GBN), co-founded by MetLife and AXA in 1998 is one of the leading international employee benefits networks providing global service capabilities and delivering world-class employee benefits perspectives and solutions to clients in over 120 markets around the world. In February 2016, MetLife and AXA further strengthened their relationship by combining all of its MAXIS GBN existing operations under a joint venture company. This transformation helps leverage the existing strength of the network and its two parent companies while further enhancing the client experience, focusing on product innovation and providing data analytics. For more information, please visit www.maxis-gbn.com
The MAXIS Global Benefits Network (“Network”) is a network of locally licensed MAXIS member insurance companies (“Members”) founded by AXA France Vie, Paris, France (AXA) and Metropolitan Life Insurance Company, New York, NY (MLIC). MAXIS GBN, registered with ORIAS under number 16000513, and with its registered office at 313, Terrasses de l’Arche – 92 727 Nanterre Cedex, France, is an insurance and reinsurance intermediary that promotes the Network. MAXIS GBN is jointly owned by affiliates of AXA and MLIC and does not issue policies or provide insurance; such activities are carried out by the Members. MAXIS GBN operates in the UK through UK establishment with its registered address at 1st Floor, The Monument Building, 11 Monument Street, London EC3R 8AF, Establishment Number BR018216 and in other European countries on a services basis. MAXIS GBN operates in the U.S. through MetLife Insurance Brokerage, Inc., with its address at 1095 Avenue of the Americas, NY, NY, 10036, a NY licensed insurance broker. MLIC is the only Member licensed to transact insurance business in NY. The other Members are not licensed or authorised to do business in NY and the policies and contracts they issue have not been approved by the NY Superintendent of Financial Services, are not protected by the NY state guaranty fund, and are not subject to all of the laws of NY.