In March 2026, Vitality, a member of Discovery Limited of South Africa, announced that its US acquisition of Ramp Health would combine an AI-enabled health platform with onsite clinical, coaching and workplace-safety services for employers. The transaction brings together two forms of intervention that are often purchased separately. Vitality contributes behavioural science, incentives, data analytics and personalised health-risk insights. Ramp Health adds clinicians, coaches and safety professionals who can

In September 2026, The Wall Street Journal reported that Vitruvian Partners was leading a 600 million dollar investment in Angle Health at a 2.7 billion dollar valuation. The transaction is expected to include 200 million dollars of new equity and a 400 million dollar secondary component providing liquidity to existing shareholders. Other participants named in the report include Town Hall Ventures, Blumberg Capital, Portage Ventures, PruVen Capital and Y

In September 2026, AXA’s official presentation of its 2027–2029 strategic plan, Growing Forward, made artificial intelligence one of the most explicit value-creation levers in the group’s next phase of development. At first sight, another major insurer intends to use more AI. In fact, this goes further. AXA has attached a recurring pre-tax value target of €500 million to €700 million by 2029 to its AI programme, while aiming for

Africa Finance Corporation (AFC) in August 2026 launched a Bermuda-domiciled captive, AFC Captive Insurance Company, to strengthen risk management and support its infrastructure financing activities across the continent. Backed by up to $30 million in equity capital, AFC Captive will initially insure loans AFC extends to its counterparties, with the goal of reducing reliance on external commercial insurance markets over time. Wola Asase, AFC’s deputy director and head of

Aon in August 2026 confoirmed it had agreed to acquire USI Insurance Services from KKR and other shareholders in a $17 billion deal, marking its second major middle-market push in two years following the 2023 NFP acquisition. On a net basis, accounting for roughly $278 million in tax attributes, the price comes to $16.7 billion, or about 14.5 times USI’s synergized trailing-twelve-month adjusted EBITDA. USI, the tenth-largest US insurance

Generali Group in May 2026 announced Redion: a new brand for its global Care platform, which brings together the activities of Europ Assistance and Generali Employee Benefits under a single identity and offering. Having operated as an integrated entity within Generali Care for nearly three years, Redion is the brand Generali Care deserves — one that honours the extraordinary work already accomplished and makes visible, to the world, what

AXA Health International in March 2026 announced it had partnered with Alliance Insurance Corporation Limited and MIC Global Risks to launch its Global Executive Health Plan in Tanzania, marking a strategic expansion across Africa’s growing markets. The collaboration positions AXA as the international healthcare administrator and global network provider, while MIC Global Risks serves as exclusive distributor and Alliance Insurance acts as the licensed local insurer. This structure ensures

Dutch financial services firm Achmea in March 2026 announced it posted a 7% increase in operational results to €938 million in 2025, even as its core Pension & Life Netherlands division saw profits drop 25% to €282 million. The pension unit’s decline stemmed partly from provision harmonization related to Achmea’s strategic partnership with Lifetri. However, the broader business benefited from significant premium growth, jumping from €648 million to €2.17

Employee benefits captives have transformed from simple financing mechanisms into strategic platforms that deliver long-term financial value and support broader corporate objectives, according to International SOS Chief Risk Officer Franck Baron. Baron’s company has used its employee benefits (EB) captive to retain underwriting results, smooth volatility, and improve predictability across cycles while expanding into health risk management initiatives. The captive now addresses medical inflation, absenteeism, and long-term disability while

Generali Group and Swiss Life Global Solutions in February 2026 announced they had entered into a long-term commercial partnership under which Generali Employee Benefits (GEB) will acquire Swiss Life Network, subject to regulatory approvals. The transaction will combine the two groups’ global employee benefits networks, creating the largest platform worldwide in terms of geographical reach and premium volume. Once completed, the combined network will manage more than €3 billion

Dutch financial services giant Achmea in January 2026 appointed Frank Olde Hartman as director of Achmea Pensioenservices (APS), effective February 1, 2026, to oversee the unit’s strategic wind-down by 2030. The appointment comes as APS undergoes a major transition, with the business being phased out due to unprofitability as key clients migrate to the Netherlands’ new pension system. Achmea will continue supporting pension fund clients including Centraal Beheer APF,

Generali Employee Benefits (GEB) marks 60 years in global employee benefits, highlighting its 127-country network and a forward agenda focused on digital transformation, analytics, inclusivity and sustainability.

Utmost Group in December 2025 announced it had agreed to sell its bulk purchase annuity (BPA) business, Utmost Life and Pensions (ULP), to JAB Insurance for an undisclosed sum, subject to regulatory approval. Completion is expected by mid-2026. JAB will acquire the entire business, which holds more than £5bn in assets and employs around 175 people. ULP entered the BPA market in late 2024 and has completed 11 buy-in

Willis Towers Watson (WTW) in August 2025 published the 2025 edition its annual “2025 Global Benefits Financing Matrix and Poolable Coverages” table. An indispensable tool of the trade for global employee benefits practitioners, it is available for download as a PDF. For the first time, WTW requires prior registration. The matrix “provides a complete listing of the eight global benefits networks, and their affiliated insurers and their offshore (i.e. third-country national

MAXIS Global Benefits Network (MAXIS GBN) in July 2025 announced it is working with Care Plus, the largest premium healthcare provider in Brazil. Care Plus will offer medical coverage to MAXIS GBN’s captive clients across Brazil. Care Plus was founded in 1992 and was later acquired by Bupa in 2016. It provides healthcare solutions to more than 1,000 companies, covering 600,000 members across Brazil. It has more than 15

Unum joins Generali Employee Benefits Network as its new employee benefits partner in the UK market for Group Risk products. Generali UK branch transfers the renewal rights of its employee benefits (Group Risk) business to Unum and its employee benefits team is to be welcomed to Unum.

MAXIS Global Benefits Network (MAXIS GBN) in March 2025 announced it is now working with Danish carrier Danica. Danica will offer life, critical illness, disability and medical coverage to MAXIS GBN’s multinational clients in Denmark. Danica, a wholly owned subsidiary of the Danske Bank Group, is a private life insurance company, specializing in pension plans, life insurance and health insurance. It is focused on preventing illness and reducing absenteeism,

MAXIS Global Benefits Network (MAXIS GBN) has announced an exciting new initiative in partnership with Maven Clinic, the world’s largest virtual clinic for women’s and family health. On 1 October 2024, MAXIS GBN launched a comprehensive educational toolkit designed to help multinational companies provide essential support to employees experiencing menopause symptoms. The new service, available to MAXIS GBN’s multinational clients, aims to create a menopause-friendly work environment by providing

London, 4 September 2024 – MAXIS Global Benefits Network (MAXIS GBN) proudly announces its latest partnership with Abi Global Health, a leading virtual care platform utilizing AI technology to connect individuals with healthcare professionals in under 40 seconds. This collaboration enables MAXIS GBN’s multinational clients to offer their employees immediate access to healthcare services, including physical and mental health support, via text, phone, or video consultations—anytime, anywhere. Abi’s cutting-edge

Zurich Global Employee Benefits Solutions (ZGEBS) has taken a bold step forward in its digital transformation journey, unveiling a suite of enhanced digital tools designed to streamline the way businesses manage global employee benefits. With new interactive dashboards, a dynamic online collaboration platform, and automated data transfer solutions, ZGEBS is setting a new standard for efficiency, transparency, and customer satisfaction. Innovation at the Core of Employee Benefits At the

Willis Towers Watson (WTW) in June 2024 published the 2024 edition its annual “Employee benefits: Global insurance networks’ matrix” table. An indispensable tool of the trade for global employee benefits practitioners, it is available for download as a PDF, no registration required. The matrix “provides a complete listing of the eight global benefits networks, and their affiliated insurers and their offshore (third-country national or expat) capabilities.”

Oscar Health, an American health insurance company known for its innovative approach, has signaled a strong position for growth in 2024. Founded in 2012, Oscar Health was created to simplify the complexities of the U.S. healthcare system through technology, data, and design. The company’s recent financial performance and strategic operations highlight its potential for profitability and expansion. Financial Milestones and Growth Indicators Oscar Health‘s CEO, Mark Bertolini, recently announced

London, 22 January 2024 In a groundbreaking move, MAXIS Global Benefits Network (MAXIS GBN), a pioneer in the corporate wellness arena, has announced a partnership with Maven Clinic, the world’s preeminent virtual clinic for women’s and family health. This collaboration marks a significant milestone in MAXIS GBN’s efforts to expand its wellness technology marketplace. The union between MAXIS GBN and Maven Clinic is poised to revolutionize healthcare offerings for

In a strategic move that reshapes the landscape of employee benefits and pension administration, Aptia has officially announced its launch. Formed by investment from Bain Capital Insurance, Aptia emerges as a formidable entity, boasting an impressive clientele of 1,100 global clients, thereby extending its services to support over 7 million individuals. A New Era in Benefits Administration? The firm is the result of a strategic acquisition of Mercer’s U.S.

In a significant turn of events, Cigna Group has ceased its efforts to merge with fellow health-insurance provider Humana. Initially poised to form a colossal entity valued at approximately $140 billion, the deal’s dissolution arose primarily due to disagreements over financial terms. Despite prior discussions hinting at a possible closure by year’s end, the proposed cash-and-stock transaction faced skepticism, particularly concerning the use of Cigna’s stock as a part

In a landmark move for the Italian insurance sector, energy giant Enel has confirmed the establishment of its first onshore captive insurance company, set to commence operations on January 1, 2024. This strategic decision involves merging Enel Insurance NV, currently based in the Netherlands, into this innovative Italian reinsurance captive. This pivotal step reflects a growing confidence among major Italian corporations in the evolving regulatory landscape, particularly with the

Swiss Life, a prominent player in the life insurance and financial services sector, has unveiled pivotal transitions within its Group Executive Board slated for 2024. After an 18-year tenure, including a decade as the Group CEO, Patrick Frost is set to resign from his role, making way for Matthias Aellig, the incumbent Group CFO, to ascend as the new Group CEO from 16 May 2024. Reflecting on his decision,