CTI Broker

26/01/2026

Last week, I thoroughly enjoyed listening to Stephen Coughlin and Chris Gallacher explain Regency Assurance’s products and services.
 
Regency Assurance is an insurer that covers the risk itself and is not an MGA.
 
The policy is regulated by the Financial Services Regulatory Commission of Nevis, which enables them to provide global coverage without geographical restrictions.
 
All applicants received 100% acceptance regardless of their history.
 
Regency Assurance stands out as the most cost-effective premium provider among international insurers.
 
There is a 40% No-Claim Discount and an additional 12% Marketing Discount. In total, newly joined clients will immediately receive a 52% discount.
 
Evacuation and repatriation are optional add-ons that can be excluded if the client resides in an area with reliable medical facilities, eliminating the need for additional premium payments.
 
Regency Assurance’s products are particularly suitable for expatriates seeking to maintain a low budget.

11/09/2025

https://g.co/gemini/share/7f9c8837dca4

26/01/2024

We collaborate with some leading IPMI providers.

One of our providers, Now Health International, has won lots of awards.

Let us know if you need

25/01/2024

One of our providers was awarded Best International Health Insurance Provider.
As we can give you advice about
Please contact us if you need further information

21/12/2021

Insurance Premium Components

Insurance premiums are the fees you have to pay to buy an insurance policy. In insurance, financial risk is transferred from the insured to the insurer. To take this risk, the insurance company then charges a fee called a premium.

Premium components usually consist of:
1. Pure premiums: estimates of the costs required to cover losses.
2. Operational costs: marketing costs, administrative costs & claims handling costs.
3. Investment: reserve funds for unexpected things and also as funds for financial growth.
4. Profit: income after deducting pure premiums, operational costs and investment.

Insurers sometimes allows you to pay premium in monthly, annual, or semi-annual terms for the duration of your policy; interest will usually be charged for this term payment.

Insurers get profit when the claim is the same as or below the pure premium. If the claim is above the pure premium, the insurer will suffer a loss. For example, the policyholder pays a premium of Rp. 100 million, and has a claim of Rp. 100 million; then the insurance company has suffered a loss because it has to bear operational costs and no more funds for investment and no profit.

The percentage of components will vary for each insurance product.

16/12/2021

What to consider when buying a group health policy for your company?

Whether you are a small startup or big size employee company, buying group health insurance can be a complex process.

We have compiled a list of important components you should carefully consider:

1. Set your annual budget
2. Inpatient plan is the basic cover and a must; you may add additional cover i.e. outpatient, dental, maternity or glasses if you have sufficient budget.
3. You may create some level of benefits based on your employee's grades.
4. Level of Inpatient plan is determined by the room and board per day, please check the room and board cost in the most common hospitals or the hospitals where your most employees live.
5. Where possible, ask the insurer to waive any waiting period.
6. Ask the insurer to cover pre-existing condition, congenital condition, and work related illness.
7. It will be helpful if the insurer provide 24 hours customer care.

You may cooperate with consultant or intermediary to ensure that you don't miss out on any hidden clauses.

We've helped many companies arranging health insurance for their employees and we would love to help you too!

14/12/2021

Group Health Insurance

The Group Health Insurance Policy covers the healthcare costs of employees and their families.

Generally there are two types of Group Health Insurance policies: "Managed Care" and "Indemnity".

Managed Care Policy arranges the tiered flow to get treatment where members have to go to the first level health facility that serves outpatient services first, then to the next level health facility if referred.

Managed Care makes arrangements with health facilities for treatment procedures. The number of health facilities is limited to make it easier for insurance companies to monitor health facilities. The BPJS Kesehatan is one of the Managed Care programs.

In Indemnity, the agreement between insurance companies and health facilities is in terms of treatment cost payment. Members can get treatment anywhere and can be directly treated in advanced health facilities. Treatment is provided in accordance with the health facility's procedures, however costs are covered according to the policy provisions.

Indemnity policies usually cover Inpatient as a basic benefit, where Outpatient, Dental, Childbirth, and Glasses are available as optional benefits that can be added to the Inpatient in accordance with number of members and premium requirements.

The Indemnity Policy is a complement to the BPJS Health program.

We can assist you in choosing the most suitable policy for your company.

07/12/2021

Employee Benefits

Local Group Health Insurance is one of the forms of Employee Benefits. The coverage is provided by Local Insurance to cover the treatment cost of company's employees and their families.

In accordance with the regulations in force in our country, each company must register its employees and family into the BPJS Kesehatan program.

As additional protection and also to provide comfort to your employees and their families at the time of receiving Health care, the company can also provide Health Insurance for their employees.

Group Health Insurance can usually be designed and tailored to the needs of the company, as well as the limits of its benefits. As an experienced consultant in this field, we will assist you in choosing, or determining the design, limitations and scope of the benefits as appropriate.

The policy usually provides Inpatient / Hospitalisation as the basic cover. The range of hospitalizaton benefits are determined by room and board per day. The limit of other benefits i.e. surgery, medicines, doctor's fee etc. will be aligned with the room and board chosen by client.

The Group Health Insurance also provides the following the additional optional cover:
1. Outpatient Treatment
2. Dental Treatment
3. Maternity
4. Glasses
5. Medical Check Up.

The availability of those additional optional covers is based on the size of group.

We usually are able to negotiate with the insurance company to delete some general exclusion, waiving waiting period, and cover pre-existing condition exclusions. The insurance companies' consideration is based on the size of group and the premium.

The premium will be determined by average of members' age, the level of benefits, the scope of coverage.

This program allows members to choose any doctor or hospital when ill. If member gets treatment at a provider doctor or hospital, then the members simply show the membership card to get cashless facility. However, if the cost of treatment is higher than member's benefit, then the member must pay the excess in the place of treatment.

If a member is treated in non-provider doctor or hospital, then the claim is processed by reimbursement system where the member pays the the treatment cost first, then submit the claim documents to the insurance company seeking for reimbursement.

One of the advantages for the company who provide Group Health Insurance for their employees, the company can have fix budget on their healthcare cost. Company pays fix annual premium to the insurance company and transfer the risk just in case the treatment cost beyond their budget.

Other benefits, company provides a sense of security because the health protection has been guaranteed. In urgent circumstances, members need not be bothered with the provision of medical funds, and they also do not need to borrow money from the company if at any time require medical expenses. Members also get easy access to wide hospital networks.

The program will be administered by professionals, so the company can concentrate more on the business they manage. Likewise, the Human Resources Department can focus on their task to develop their employees.

Please feel free to contact us for further information.

02/12/2021

Now Health - New Discount, Stable Pricing and Free Wellness

We know that ensuring you and your family to have access to the high-quality healthcare is paramount.

One of our International Private Medical Insurance (IPMI) / International Health Insurance providers - - are offering up to 25% Discount for New Members and Free Wellness Benefit.

1) 10% Introductory Discount
Now Health are offering a Special 10% Introductory Discount for New Members, this discount applies to eligible Individual and Family plans accepted from 13th of September 2021 to 31st March 2022.

2) Transferring Members Introductory Discount
Continuous Transfer (CTT) members will enjoy a 10% introductory discount on the Individual and Family plans if you transfer your existing IPMI Individual and Family policy to Now Health.

3) Family Discount
On top of 10% Introductory Discount, family discounts are available for newly joining families to help to make it easier for you to safeguard the health of your whole family.
• 10% Introductory Discount + 10% Family Discount for families with 2 adults and 1 or 2 children under the same plan.
• 10% Introductory Discount + 15% Large Family Discount for families with 2 adults and 3 or more children under the same plan.

A family plan means you, your spouse/ partner and one or more children, and the whole family must be on the same plan, benefits and deductible to qualify.

4) Stable Pricing
This year, Now Health has made a minimum premium increase, around 7% increases to the most of their individual and family plans to maintain competitiveness and stability.

5) Free Complimentary Wellness Benefit worth $200 for New Members
A complimentary Wellness Benefit (annual limit USD 200) with no waiting period will be provided at no additional premium cost to qualified new and transferring members on Individual and Family plans incepting from 13th September 2021 to 31st March 2022.

Please reach us to find the right insurance plan for you.

30/11/2021

The Cost To Be Paid When Exposed To Health Risks.

Below is one of the cases where people have to spend a huge sum of money for healthcare treatments. The causes of the accidents might be just simple activities or even unknown, however, when a serious illness hits someone, he must prepare a lot of money and time.

A son of one of our clients got dislocated both shoulders while playing basketball. He then had surgery in one of the best hospitals in Jakarta. However due to some reasons the shoulders dislocation recurred again. He was then taken to Singapore to have series of treatments-consultations, several physiotherapies and 2 surgeries for the shoulders. Altogether the treatments in Singapore cost him more than SGD 50,000 and previous treatment in Jakarta no less than IDR 50 millions. He still has to undergo surgery and some other treatment for his other shoulder along with post surgery treatment which might cost him dearly.

If he does not have an international healthcare plan he would have to bear all cost. However as he is covered under a healthcare insurance plan he only pays around USD1,500 a year.

Please reach us to find the right insurance plan for you.

25/11/2021

Why we need insurance

Every day there is a chance for us to face events that occur beyond our control. There are times when these events bring people financial losses, for example: if somebody is hit by an illness that requires him to go to the doctor or even be treated in a hospital which of course requires a lot of funds, or a car was accidentally hit so the owner has to go to a repair shop for repairs, or if someone's property caught fire and it has to be renovated or rebuilt.

People can transfer those financial risks above into Insurance company, where the insurance policy will cover the financial losses. The insured has obligation to pay premium as the fee, however this premium is much less than the amount covered by the insurance policy.

There are many types of insurance policies that we may need including: health insurance, vehicle insurance, property insurance, travel insurance, accident insurance and other insurances.

Companies or business entities require more policies such as: health insurance for their employees, vehicle insurance, property insurance, employee travel insurance, accident insurance, cargo insurance, engineering insurance, legal or liability insurance, transportation insurance and other insurances.

Please feel free to contact us to find the right insurance policy for you.

https://ctibroker.com/news-and-events-detail/why-you-should-have-insurance
https://www.cticonsultant.com/index.php/user-blog/item/19-kenapa-saya-harus-punya-asuransi

Setiap hari kita diperhadapkan dengan berbagai peristiwa yang terjadi di luar kendali kita. Ada kalanya kejadian-kejadian tersebut yang membawa kerugian finansial kepada kita, misalnya: tertimpa musibah sakit yang mengharuskan kita ke dokter atau bahkan dirawat di rumah sakit yang tentunya membutuhk...

23/11/2021

Affordable and Essential International Health Insurance

We understand that ensuring you and your family to have access to the high-quality healthcare is paramount.

International Private Medical Insurance (IPMI) is intended for expatriates, company's owners, top managements, entrepreneurs, and people who wants to have access to the most advanced private healthcare systems when they need it. The services in this facility can be very expensive and those people would need financial cover from their insurance policy should they suddenly fall ill.

Generally, IPMI plans provide high benefit limits to enable the policy covering the high cost of healthcare treatment in top medical facilities. As the consequences, the premiums are a bit higher comparing to local plan.

To get around this condition, some IPMI providers offer essential plans that cover the major health condition with access to world-class medical facilities. The providers offer the same top quality of services as the usual IPMI policies; however this essential insurance policy will not cover non-essential benefits.

Most of these essential plans limit the area of cover to Asia or Southeast Asia Excluding Singapore. The sum insured is a bit lower than standard IPMI, however this should be sufficient enough to cover major medical cost within the area of cover.

This essential plan will be ideal for the following clients:
- if you need protection for serious medical conditions and emergencies only.
- if you apply for IPMI for the first time
- if you are a start-up company
- if you want to upgrade your local plan.

Our providers below provide the following affordable plans:

provide as an affordable plan for a company. Unfortunately, this is a corporate plan and this is not available for individual or family.
provide Core plan as an affordable plan for both individual/family and corporate polices.
provide plan as an affordable plan for both individual/family and corporate polices.
provide plan as an affordable plan for both individual/family.
provide plan as an affordable plan for both individual/family.

Please feel free to contact us to find the right plan for you.