CORAL GABLES, Fla., Sept. 24, 2014 (GLOBE NEWSWIRE) — Premier Assurance Group (PA Group) is proud to announce its new partnership as a Coverholder with Lloyd’s London. With this status, PA Group now has the authority to underwrite business on behalf of a Lloyd’s syndicates.
Lloyd’s London, (Lloyd’s) is the largest and most respected partner in the global insurance market. For 320 years, Lloyd’s has set the world standard by underwriting risk for millions of individuals and organizations on a global scale.
PA Group has reached an agreement whereby their products will be underwritten by Lloyd’s. The first initiative will be the launching of Premier Health international major medical plans which will be marketed in Latin America.
Subsequent to its acquisition of Worldwide Expatriate Association (WEA) in 2006, PA Group has continued a legacy of providing worldwide health coverage. Today the vision of meeting the health insurance needs of Americans living abroad now encompasses global citizens in Latin America, the Caribbean, Europe, Asia and the Middle East.
“It was an arduous due diligence process, but we are proud that Lloyd’s has chosen to accompany us in our efforts to achieve robust business growth and the development of new markets. We now have the capability of extending our product offering. I am convinced that this new partnership will bear results very rapidly,” said Leonardo L. Cornide, President and CEO of Premier Assurance Group (PA Group).
About PA Group
From protecting our clients’ health with worldwide coverage to helping them achieve a successful financial future, PA Group creates financial security roadmaps for life’s most significant events.
For over 18 years PA Group has guided and protected our international clients with comprehensive health and wealth accumulation solutions.
To learn more about PA Group, visit http://www.pagroupco.com
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Article Originally Posted Here: http://globenewswire.com/news-release/2014/09/24/668266/10099912/en/PA-Group-Announces-New-Partnership-With-Lloyd-s.html