New Partnership for Turnberry and Lombard Insurance | FA News
Turnberry to operate as the Underwriting Management Agency (UMA) for medical Gap insurance for Lombard Insurance Company.
Turnberry to operate as the Underwriting Management Agency (UMA) for medical Gap insurance for Lombard Insurance Company.
In 2015 Turnberry and Lombard Insurance Company Limited embarked on a new and exciting journey.
Turnberry has announced that Lombard is their new short-term risk carrier.
“We are proud to partner with Lombard Insurance and are confident that this relationship will result in a great many benefits for Turnberry, Lombard, our policyholders and our broker partners,” says Tony Singleton, CEO of Turnberry.
Medical aid schemes are controversial monthly insurance expenses, from the government berating that the most of South Africa’s medical fraternity are ensconced in private practice and providing services to a privileged minority to the percentage that those payments consume of members’ disposable income and what they receive in return.
It is becoming increasingly apparent that a gap is growing between what medical aid providers cover for certain in-hospital procedures and the actual cost of these procedures and associated expenses.