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In 2016, nib announced the acquisition of World Nomads Group, Australia's third-largest distributor of travel insurance, for $95 million. [16] In 2019, nib rebranded World Nomads Group to nib Travel. The following year they acquired GU Health, Australia's only established specialist corporate group health insurer, for $155.5 million. [17]
WAEPA was formed during World War II, when, at the request of U.S. President Franklin D. Roosevelt, U.S. Secretary of the Treasury Henry Morgenthau Jr. contacted life insurance companies throughout the country asking if they would provide a maximum of $10,000 of life coverage for civilian government employees serving in war zones. [4]
An international assignment is an overseas task set by a company to an employee. Companies that engage in international assignments are mainly multinational corporations (MNCs). MNCs send employees from the home country to a different country for business operations at overseas offices or subsidiaries. [1] These employees are called expatriates.
Repatriation laws have been created in many countries to enable diasporas to immigrate ("return") to their "kin-state". This is sometimes known as the exercise of the right of return . Repatriation laws give members of the diaspora the right to immigrate to their kin-state and they serve to maintain close ties between the state and its diaspora ...
A majority of international travel insurance policies will also allow the policyholder to be evacuated to the nearest center of medical excellence in the event of a serious illness or injury; it is also possible to obtain repatriation coverage. [citation needed] Policies are underwritten in one of two ways: moratorium; and full medical ...
Worldwide ERC (also known as the Employee Relocation Council) is a relocation services industry trade group.Its membership of 12,000 (as of 2005) relocation professionals – or global workforce mobility specialists — are concerned with current issues and management practices for the movement of employees (by their employers) within the United States and between all other countries.
GEHA (Government Employees Health Association) is a self-insured, not-for-profit association providing medical and dental plans to federal employees and retirees and their families through the Federal Employees Health Benefits program and the Federal Employees Dental and Vision Insurance Program (FEDVIP).
Mutual of Omaha Insurance Company is an American Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. [1] Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.
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