Author Archive
Eric Muller-Borle
Annette Decker becomes Senior International Benefit Consultant at Siemens
Annette Decker in December 2019 has been made Senior International Benefit Consultant at Siemens, where she has been in various positions since 2011, including with Siemens Financial Services as Senior Pension Manager, M&A. Prior to her time at Siemens, she has held positions as Head of Company Pensions HypoVereinsbank, Account Manager at Aon Hewitt Consulting Deutschland. She started her career as a consultant for KPMG in 1992. Annette is
Tim Davis joins Aon as Human Capital Project Manager
Tim Davis in December 2019 joined Aon in London as Human Capital Project Manager Aon M&A Transaction Solutions from EY where he worked for over 2 years as Advisor, People Advisory Services – Global Benefits. Tim has 16 years’ experience in financial services, including over 6 years in various positions at Punter Southall Aspire where he was Associate Director, International before leaving to join EY. Before joining Punter Southall,
Nick Skipper Director of Employee Benefits at Clear Insurance Management
Nick Skipper in December 2019 has been made Director of Employee Benefits at Clear Insurance Management of the UK. He was previously an Account Director. Before joining Clearance, Nick was with Willis Towers Watson (WTW) for 4 years where he oversaw major accounts as Account Director, Head Major accounts; and an Employee Benefits Consultant at Marsh before joining WTW. Nick attended The Oratory school in Oxford. He has appeared
Airmic: Reevaluating People Risk Management A Necessity
Airmic’s report, Managing Risk−The Human Factor, sheds light on the “unprecedented volatility with regards to people risk” and stresses the importance of HR, benefits, and risk professionals working together more closely. The report published in December 2019 in association with Arthur D. Little, Willis Towers Watson and Zurich, positions people risk around the people themselves instead of creating newer categories. This allows a view where risks which may have
Insurope adds Jens Runing to Board and Executive Committee
Danske Bank subsidiary Danica Pension’s Jens Runing in December 2019 has been made Member of the Board and Executive Committee at Insurope SCRL/CVBA in Brussels alongside his role as head of the International area within Danica Pension since 2016 in Copenhagen, having been working at Danica for over 8 years. Prior to his current role, he was also Senior International Consultant for EB, Nordic Sales, Bancassurance, and Multinational Risk
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Smart Pensions and Revolut team up to provide Pan-European pensions to UK businesses
Smart pensions, the tech platform offering savings and investments globally with investors such as Legal and General Investment Management and JP Morgan, in December 2019 teamed up with Revolut for Business, a part of Revolut, the digital services firm set up in 2015, to offer business clients a retirement savings platform for UK employees. Revolut’s business customers will now be able to sign up for their business account and
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NAIC levels playing field for Bermuda, Japan, and Switzerland reinsurers’ collateral
The National Association of Insurance Commissioners (NAIC) of the U.S. in December 2019 approved changes to the Credit for Reinsurance Model Law and Regulation to bring models in line with provisions of covered agreements with the European Union and the UK in the treatment of qualifying jurisdictions such as Bermuda, Japan, and Switzerland. This covers reinsurers domiciled in the European Union, Bermuda, Japan, and Switzerland, who will soon receive
OECD EU Country Health Profiles 2019
The OECD in December 2019 published updated versions of the 2019 series of its E.U. Country Health Profiles. The profiles provide a concise overview of health and health systems in the EU/European Economic area, emphasizing the particular characteristics and challenges in each country against a backdrop of cross-country comparisons. Each Country Health Profile provides a short summary of: Health status Risk factors The organization of the health system Its
Peter Zaffino Appointed President of AIG
American International Group (AIG) in December 2019 announced that Peter S. Zaffino has been named President of AIG. He will continue to serve as Global Chief Operating Officer (COO) of AIG and Chief Executive Officer (CEO) of General Insurance. Mr. Zaffino joined AIG as Executive Vice President and Global COO in July 2017 and assumed the additional role of CEO of AIG’s General Insurance business in November 2017. He
Chubb promotes Carolyn Kennedy to SVP Global EB
Carolyn Kennedy in December 2019 was promoted to Senior Vice President Global Employee Benefits and Administration at Chubb where she was previously Vice President Global Benefits from 2014-2019. Carolyn brings over 20 years’ global employee benefits experience to her new role, with a focus on design, management, and governance of global risk insurance programs. Prior to joining Chubb, she was Assistant VP Product Development, Global Employee Benefits at MetLife
Neyber Financial Wellbeing Report Issued
Published in December 2019, Neyber’s report, the DNA of Financial Wellbeing, which has surveyed over 42,000 people since 2016 suggests that absence, productivity and turnover of staff costs UK employers over £15.2 billion per annum. The report shows that employees’ financial woes are indeed a burden on employers as their spending habits (and results thereof) are a direct contributor to lost revenue at firms. With this report looking at
MAXIS and CareClix partner for virtual health services
MAXIS Global Benefits Network (MAXIS GBN) in December 2019 announced it had chosen CareClix as its global partner for telemedicine services. CareClix is a leading telemedicine solutions provider headquartered in Alexandria, Virginia, USA and focused on technology-driven medical services to employers, governments, health plans and health systems. Beefing up the MAXIS Global Wellness Solution The partnership will allow MAXIS GBN’s clients, as a part of its MAXIS’ Global Wellness
Randstad WorkMonitor Q4 2019: Work-Life Balance
Randstad’s WorkMonitor report for Q4 2019 was released in December 2019 with a look into work-life balance and the economic and financial outlook for 2020 and shows some interesting results. The survey covers trends across the globe in the mobility, job satisfaction, and motivation in 34 countries around the globe. Work-Life Balance Highlights of the report include the inevitability of technology creeping into our lives more and more: Workers
Ping An Good Doctor’s Strategy in 2019
Hong Kong-listed Ping An Good Doctor (PAGD), along with the Hurun Research Institute, in early 2019 released a “Good Doctors Guide” covering both traditional Chinese medicine and Western medicine to “help 1.4 billion people find the doctors they need”. In 2019, Good Doctor intended to develop its Hospital Cloud, Clinic Cloud, Pharmacy Cloud, Village Medical Cloud and increase the pace of its international strategy. According to Wang Tao, chairman
Links to Regulators and Professional Bodies
Standard Setting Bodies and Professional Federations The European Commission: ec.europa.eu/internal_market/insurance/solvency/index_en.htm European Insurance and Occupational Pensions Authority (EIOPA): eueiopa.europa.eu National Association of Insurance Commissioners, USA (NAIC): content.naic.org/ International Association of Insurance Supervisors (IAIS): www.iaisweb.org The European Federation of (Re)Insurers: www.insuranceeurope.eu The European Federation of Risk Management Associations: www.ferma.eu The Association of Reinsurance Professionals in France: www.apref.org Regulators and Control Authorities Belgium: www.nbb.be France: acpr.banque-france.fr/lacpr.html Guernsey: www.gfsc.gg/ Ireland: www.centralbank.ie Italy:
MAXIS Partners with RIMAC in Peru
MAXIS Global Benefits Network (MAXIS GBN), the global network of locally licensed insurance companies founded by AXA and MetLife, in December 2019 announced it had teamed up with Peru’s largest insurance provider, RIMAC (Rimac Seguros y Reaseguros) to provide life and medical cover to MAXIS’s multinational clients. Prior to this, MAXIS GBN had Pacifico Compania de Seguros y Reaseguros as it’s Peruvian partner – alongside Insurope. RIMAC’s leading position
Unum: New research into cancer in the workplace stresses importance of employer support
Cancer can change a person’s world beyond recognition. During this often highly stressful time, work can provide an oasis of normality and routine. However, the experiences of those working through a cancer diagnosis can vary widely. Employee benefits specialist Unum recently conducted a survey of 300 U.K. workers diagnosed with cancer in the last five years. Published in November 2019, the survey explored workers’ attitudes and challenges, as well
Ping An Good Doctor One-Minute-Clinics
Ping An Good Doctor Develops Commercial Operation of One-Minute-Clinics in China Ping An Good Doctor (PAGD), China’s largest online healthcare services provider and a spin-off of Chinese insurer Ping An, in 2019 expanded its AI-based “One-Minute Clinics” across eight Chinese provinces and cities. One-Minute Clinics are small rooms where patients enter to connect with a virtual doctor (the “AI Doctor”) which in a few minutes offers a preliminary diagnosis
Grégoire Bonnefoy Promoted to Reporting and Reinsurance Analyst at MAXIS
MAXIS Global Benefits Network announced in September 2019 that Grégoire Bonnefoy has been promoted to Reporting and Reinsurance Analyst from the position of Multinational Account Manager where he was responsible for business development for Multinational Pooling and Captive clients. He will be based in London. Prior to joining Maxis, Bonnefoy was a Commercial and Communication Assistant with OC Sport in Geneva, Switzerland. He has also been a business developer
MAXIS GBN Selects INTERVENT
MAXIS Global Benefits Network (MAXIS GBN) in November 2019 announced its selection of INTERVENT International as global provider of a suite of designated digital behavior change and population health management solutions. The partnership enhances Maxis GBN’s global solutions for the prevention and management of multiple chronic diseases, disability condition management, maternity care, and other drivers of health-related medical costs. As part of the collaboration, multinational employers working with MAXIS
Marie Moberg founds Morem Consulting
Marie Moberg in December 2019 started her own consulting firm, Morem Consulting AB. Previously, she served as Group Head Compensation and Benefits at Bonava from 2016-2019 where she also served as Interim Group Head of HR (2018). Prior to this she was a Compensation Expert at Sandvik from 2012-2016 where she served in Australia and was Compensation and Benefits Manager at Sandvik Mining global. Marie was Director of Compensation
Chloé names Arnaud Sachs to lead position
Chloé has announced the appointment of Arnaud Sachs as Head of Compensation Benefits and HR Control, effective October 2019. He is based in Paris, France. Sachs was previously with Vallourec, where he was compensation manager of social benefits and social management control, and with Towers Watson as a Consultant, Compensation and Benefits. He holds an MBA in Compensation & Benefits from École normale supérieure in Paris, and a Master’s
OECD releases 2019 Health at a Glance Report
The OECD in November 2019 released its annual Health at a Glance report for 2019. It provides the latest comparable data and trends on different aspects of the performance of health systems in OECD countries, while providing striking evidence of large variations across countries in indicators of health status and health risks, as well as in the inputs and outputs of health systems. Gains in longevity are stalling, with
elipsLife names Christoph Gaus CEO and successor to Reto Toscan
Reto Toscan, who oversaw the rapid rise of elipsLife from only 7 employees in 2011 when he joined, to 300 in 2019 and USD 500 million of premium in the employee benefits space has been succeeded in December 2019 by industry veteran Christoph Gaus. Gaus, who joined elipsLife from Zurich Insurance Group and Swiss Mobiliar Insurance Company, where he held senior roles, has more than two decades’ experience in
Peter Gasteiger promoted at Aspen Pharma Group
Aspen Pharma Group has promoted Peter Gasteiger to Head of HR, International Region, as of October 2019. Gasteiger will remain based in Munich. Gasteiger has been with Aspen Pharma Group for over five years. He joined the company as Head of HR for Europe in December 2013 and held that position until his promotion. He came to Aspen from Sandoz, where he was Global Head HR Antiinfectives, and Head
OECD: Tackling obesity would boost economic and social well-being
Obesity-related diseases will claim more than 90 million lives in OECD countries in the next 30 years, with life expectancy reduced by nearly 3 years. Obesity and its related conditions also reduce GDP by 3.3% in OECD countries and exact a heavy toll on personal budgets, amounting to USD 360 per capita per year, according to a new OECD report published in November 2019. The OECD’s The Heavy Burden
UNCTAD Releases Latest Investment Trends Monitor
The United Nations Conference on Trade and Development (UNCTAD) released its latest Global Investment Trend Monitor as of October 2019. Report highlights include: Global foreign direct investment (FDI) flows in the first half of 2019 were 24% higher than in the first half of 2018. However, the underlying FDI trend (removing the effects of one-off transactions and intra-firm financial flows, including repatriations driven by the 2017 US tax reforms)