April Group has opened a new office in Shanghai, China to offer its international private medical insurance (IPMI) plans.
The firm’s IPMI arm April International will roll out its My Health product to customers across the country through this new location.
By enhancing its presence in China, the French insurance provider said it is building on its footprint in Asia, where it now operates in seven markets, including China, Hong Kong, Indonesia, Singapore, Thailand, Vietnam and the Philippines.
April International supports individuals and companies in all their international mobility projects, as well as high net worth individuals.
The provider is working with its long-standing strategic insurance partner AIG on the move.
It said the partnership aimed to enable Chinese companies and individuals to benefit from insurance solutions tailored to all their health issues and access to one of the largest healthcare networks in the world.
Eric Maumy, CEO of April Group, said: “The Asian market is already an important and high-potential territory, where we have been successfully operating for more than 18 years.
“Our enhanced presence in China marks another step forward in our development strategy to become a global champion by 2027.
“We already operate in 19 countries and over the coming months we plan to expand into new areas through greenfield openings and acquisitions.”
Romain Di Meglio, CEO of April International in Asia and the Middle East, added: “Local support for our partners and policyholders is one of the keys to our sustainable growth in the international healthcare market.
“Our strengthened presence in Shanghai will enable us to further accelerate our development in China and Asia, by expanding our healthcare network and developing insurance solutions that are increasingly tailored to local needs. This move underscores our long-term commitment to the China market.”
