nib health funds Revenue and Competitors

nib is a leading financier and facilitator of healthcare spending with a reputation for innovative products, value for money, outstanding customer service, corporate social responsibility and strong shareholder returns. Established 60 years ago, nib has now grown to be a truly national and international operation. nib’s core health insurance business is Australia’s fourth largest private health insurer and one of the industry’s fastest growing, while in New Zealand it is the second largest private health insurer. Today, nib provides health and medical insurance to more than one million Australian and New Zealand residents. In 2007, nib became the first private health insurance fund to list on the Australian Securities Exchange, which provided the platform for the company’s diversification and expansion into new and diverse markets. nib also provides private health insurance cover to over 100,000 international workers and students in Australia and recently launched international health insurance cover providing medical and hospital treatment for Australians living overseas. In July 2015, nib acquired leading travel insurer, World Nomads Group as part of the group’s strategy to diversify from its core health insurance business and to grow earnings in complementary markets. Our Vision nib is a leading financier of the nation’s healthcare spending with a reputation for innovative products, value for money, outstanding customer service, corporate social responsibility and strong shareholder returns. Our Mission To help people pay for their healthcare when and where needed. Private Health Insurance, Overseas Visitor Health Insurance, Overseas Student Health Cover