June 16, 2013
The media outlet CID News Media published the following:
One of the main insurance companies in the United States specialized in the Latin American market is now entering the Guatemalan market.
Guatemala, January 24, 2013. As part of its expansion plans and with the aim of providing the Guatemalan market with solutions aimed at economic protection, financial planning and health, BMI begins its operations in Guatemala.
BMI is an international company dedicated to the Health, Life, Disability and Financial Services Insurance industry, which has contributed for more than three decades to meet the needs of the international community, providing high coverage life and health insurance, products which will now be distributed in Guatemala.
In the insurance branch, BMI is recognized as synonymous with quality, reliability and exceptional service, for which it was ranked as one of the 50 most relevant Hispanic companies in the United States and number 59 among the 100 largest insurers in the United States. , according to specialized publications. Likewise, the BMI Corporation achieved the A- (Excellent) rating granted by the international rating agency AM Best. Said rating is assigned to insurance companies that, in AM Best's opinion, have excellent capacity to achieve the payment of their financial obligations to their policyholders.
It should be noted that BMI has a wide distribution network and its operations are developed in South Florida, Grand Cayman and in main cities of Latin America, Asia, Europe and now in Guatemala, being a source of security and development for thousands of corporations, families and individuals.
The Corporation has a portfolio of more than 7 billion dollars in life insurance in force, benefits paid to its policyholders in the last 10 years for more than 500 million dollars and more than 1,000,000 policyholders throughout the region, people who have placed their trust in BMI for the preservation of their assets. This is the backing and solidity that strengthen and support the operation of BMI Compañía de Seguros de Guatemala, SA
Likewise, BMI's extensive experience in the Personal Insurance lines has allowed it to know exactly the needs of each market, offering comfortable, precise and efficient solutions that contribute to the protection and financial growth of its clients. Experience, knowledge and technique that it exports to Guatemala and implements with its local operation “BMI Compañía de Seguros”.
Regarding the start of operations in Guatemala, Anthony Sierra, Executive President of BMI Companies commented “we constantly innovate and diversify our products to offer the best plans and benefits adapted to each situation”. Sierra added "as a company we are characterized by the support and 100 percent compliance that we give to all our clients."
For his part, Manuel Lemus, General Manager of BMI Guatemala commented “with the entry of BMI to Guatemala, the offer of health insurance expands and now with high insured values, adequate to the level of the world medical cost, the benefits and coverage offered by our Products guarantee the medical treatment of any of our policyholders anywhere in the world, which represents new and better options for the Guatemalan market, since in addition to international private medical coverage, renewals are guaranteed, travel assistance service is granted and a wide choice of insured values ranging from $ 500,000 to $ 10 million per year, per insured person. With BMI, Guatemalan families can plan health insurance according to their budget and needs ”.
Likewise, Juan Pablo Olyslager, Vice President of Sales for Guatemala, referred to the differentiation of the products offered by BMI, stating that “the company's extensive experience in Latin America, Europe and Asia has allowed us to know exactly the needs of each market, and based on this, develop comfortable, precise and efficient solutions that contribute to the protection and financial growth of each of our clients ”. Olyslager added that "In Latin America, Europe and Asia, BMI has shown outstanding dynamism and a great capacity to adapt to complex situations, always maintaining the commitment to provide excellent support to our clients and representatives."
