Insurance

Axa Mansard reveals proposed partnerships to boost health insurance

AXA Mansard Insurance Plc recently revealed of ongoing partnership discussion with global financial institutions on development of infrastructures to boost health insurance in Nigeria.

Such institutions which include, the International Finance Corporation (IFC), private sector and development finance arm of the World Bank Group, and some other companies, it has been disclosed, are currently in business discussions with Axa Mansard, on the possibility of investing in hospital projects, a major infrastructure required to boost health insurance in Nigeria.

The company in a statement released to the Nigerian Stock on Exchange recently and made available to the investment community, stated that the proposed investment is a greenfield integrated medical facility comprising of a 150-bed multi-specialty hospital and two 10-bed primary health centres/polyclinics.

The Project once approved, the company noted, would be managed and operated by Healthshare Health Solutions Ltd (“Healthshare”), an experienced hospital management company with headquarters in South Africa.

“AXA Mansard and IFC are still at the preliminary stage of discussions and their Boards are yet to pass final resolutions approving the investment.” The statement read

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Ihesiulo Grace

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