France-based wholesale broker APRIL Group has taken steps to broaden its reach in Asia by establishing a stronger presence in Shanghai.
This move is part of the company’s strategy to expand internationally and offer health insurance products to both local residents and expatriates.
The initiative follows APRIL’s recent entry into Dubai and Cologne, highlighting the company’s focus on global growth.
The company provides health insurance solutions designed for international mobility projects and high-net-worth individuals seeking access to comprehensive local healthcare services.
With its enhanced Shanghai operations, APRIL now serves seven markets in Asia, including China, Hong Kong, Indonesia, Singapore, Thailand, Vietnam, and the Philippines.
Commenting on the expansion, Eric Maumy (pictured fourth from the left), CEO of APRIL Group, said the Asian market represents a key area of focus for the company and has significant potential.
“The Asian market is already an important and high-potential territory, where we have been successfully operating for more than 18 years,” he said.
He added that expanding in China aligns with APRIL’s long-term vision to establish itself as a global leader by 2027. As part of this effort, the company plans to enter new territories through acquisitions and greenfield ventures.
“We already operate in 19 countries, and over the coming months, we plan to expand into new areas through greenfield openings and acquisitions,” Maumy said.
Romain Di Meglio, CEO of APRIL International in Asia and the Middle East, said that the expansion reflects the company’s dedication to the Chinese market.
“Our strengthened presence in Shanghai will enable us to further accelerate our development in China and Asia by expanding our healthcare network and developing insurance solutions that are increasingly tailored to local needs,” he said.
To strengthen its position in China, APRIL is collaborating with its long-standing partner, AIG.
This partnership integrates APRIL’s expertise in designing insurance solutions and managing distribution networks with AIG’s localised market knowledge. It aims to deliver health insurance options that address diverse medical needs and offer access to an expansive global healthcare network.
APRIL’s growth strategy is built on three pillars: expanding internationally, diversifying its offerings, and reinforcing its core areas of expertise.