MedLife and AIG Life partnershipfor health insurance

AsiLife, the insurance division of the MedLife group, and insurance company AIG Life will offer two health insurance policies for corporate clients starting mid-March. AsiLife has so far invested 300,000 euros and estimates investments will reach two million euros by the end of 2008. Asilife has insurance broker status and is held by three individuals: Marcu Mihail (40%), Cristescu Mihaela Gabriela (30%) and Marcu Nicolae. “The insurance division became an absolutely necessary component in the integrated medical system structure that MedLife intends to implement; a component that also anticipates the trends of the private medical systems market,” stated Dorin Preda, general manager of AsiLife. He estimates that the health insurance market is worth two million euros and that it will eventually exceed 30 million euros in the next two years.