Aetna and Swiss Life Ink Deal to Expand Global Employee Benefits with Health
-- Aetna to provide health coverage and other insurance solutions for Swiss
Life’s customers in the U.S. and with U.S. expat populations --
-- Swiss Life to offer Aetna’s business traveler health coverage
HARTFORD, Conn. -- July 11, 2013
Aetna (NYSE: AET), a leading global diversified health care solutions company,
and Zurich-based Swiss Life, a leading life and pension insurer, have formed a
strategic partnership to offer Aetna’s international and domestic health care
benefits and services to Swiss Life’s roster of multinational customers.
Effective September 1, Aetna joins the Swiss Life Network as its partner for
the United States. Swiss Life offers comprehensive international and local
employee benefit packages to multinational companies through the Swiss Life
Network, a global association of 60 insurance companies and business partners
operating in 70 countries.
“Swiss Life shares our mission to provide high-quality employee benefits
solutions and services tailored to meet the specific needs of companies
operating in different countries and cultures,” said Eugene Marks, general
manager of the Americas for Aetna International. “Increasingly, businesses are
looking for opportunities overseas and workers are becoming more globally
mobile. Our collaboration with Swiss Life will allow us to provide a greater
number of employees with the comprehensive health care coverage they need no
matter where in the world they are.”
Margrit Schmid, CEO of Swiss Life Network, said, “We are pleased to welcome
Aetna into our network of insurance partners. As a leader in health care
solutions in the U.S. and for the expatriate market, Aetna will enhance our
ability to provide multinational companies with the very best in employee
benefit packages. Aetna’s strength in health management analytics, technology
and wellness solutions also holds great possibilities for us to provide even
broader solutions for our customers in the future.
“Swiss Life and Aetna complement each other well,” said Schmid. “Swiss Life is
recognized for its risk protection, pension management and strong base in
Europe, while Aetna is recognized for its health coverage and strong base in
As Swiss Life’s U.S. network partner, Aetna will offer Swiss Life’s
multinational customers a portfolio of insurance products and services to meet
the needs of their U.S. workforce, particularly expatriate health coverage for
their American workers living and working abroad.
The partnership also opens a new distribution channel for WorldTraveler^SM,
Aetna’s short-term international health coverage for business travelers. Swiss
Life has chosen WorldTraveler^SM to be the group business traveler coverage
offered to its customers worldwide.
Additionally, Swiss Life’s multinational clients can access Aetna’s domestic
employee benefits products and services for their U.S.-based workforces,
including group term life, short- and long-term disability, accidental death
and dismemberment, dental and medical coverage, plus market-leading health
analytics and wellness solutions.
Aetna’s U.S.-based and international health care coverage focuses on
empowering people to live healthier lives. The company offers its members a
wide variety of health and wellness programs, clinical services and mobile
apps to help them take charge of their health and get the most out of their
health care benefits.
About Aetna International
Aetna International is committed to helping create a stronger, healthier
global community by delivering comprehensive health benefits and health
management solutions worldwide. Aetna International's expatriate business is
one of the industry's largest and most prominent international health benefits
providers, supporting more than 500,000 members worldwide with access to more
than 100,000 hospitals, clinics and doctors in Aetna’s network of non-U.S.
health care providers. The organization’s expatriate offerings include
medical, dental, vision, life, disability and emergency assistance. Aetna
International’s health management business collaborates with health care
systems, government entities and plan sponsors around the world to design and
build locally applied health management solutions to improve health, quality
and cost outcomes. For more information, see www.aetnainternational.com.
Aetna is one of the United States' leading diversified health care benefits
companies, serving an estimated 44 million people with information and
resources to help them make better informed decisions about their health care.
Aetna offers a broad range of traditional, voluntary and consumer-directed
health insurance products and related services, including medical, pharmacy,
dental, behavioral health, group life and disability plans, and medical
management capabilities, Medicaid health care management services and health
information technology services. Aetna’s customers include employer groups,
individuals, college students, part-time and hourly workers, health plans,
health care providers, governmental units, government-sponsored plans, labor
groups and expatriates. For more information, see www.aetna.com.
About Swiss Life
The Swiss Life Group is one of Europe's leading comprehensive life and
pensions and financial solutions providers. Swiss Life Holding Ltd, registered
in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of
Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss
Life Group employs a workforce of around 7,000, with approximately 4,500
certified financial advisors.
The Swiss Life Group operates in Switzerland, Germany and France, and it has
competency centres in Luxembourg, Liechtenstein and Singapore. The Group is
also present in other European countries through Swiss Life Select, tecis,
HORBACH, Proventus and Chase de Vere. For more information, see
About Swiss Life Network
Swiss Life Network is a global association of 60 leading local life insurance
companies and business partners. Through this network, Swiss Life offers
comprehensive employee benefit solutions, including life insurance, pension
and health solutions for over 400 multinational corporations in 70 countries
and territories worldwide. The Swiss Life Network, founded 1962, is the
leading global employee benefits network and a pioneer of the international
risk pooling concept. Swiss Life Network has the objective to provide
top-quality employee benefit solutions to multinational corporations around
the globe for their international and local employee benefit needs. For more
information, see www.swisslife-network.com.
Marnie Goodman, +1-860-273-2314
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