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On Allianz Global Benefits’ 5th anniversary, Dirk Hellmuth, CEO and Cyril Samson, Managing Director, take stock, review the achievements and successes and speak about where they want to be in five years’ time.

Allianz Global Benefits is the global employee benefits network of the Allianz Group specialized in implementing local employee benefits pro-ducts, insurance solutions and services into global programs. The headquarters of the network is based in Germany and operates a strong global network of more than 110 Allianz subsidiaries and selected external insurance partners in over 90 countries. Leveraging on the geographical scale, the expertise and the customer centricity of its network partners, AGB addresses the needs of multinational companies of managing employee benefits globally. AGB is a one-stop solution provider, this means that our clients can expect the full range of corporate life, accident, disability, health, pension and asset management solutions tailored to their needs. The high quality of local employee benefits plans provided by our local insurers is the backbone of our global solutions that include Multinational Pooling, Global Underwriting, Captive Reinsurance and Global Pension. Our aim is to provide multinational companies a truly flexible and holistic set of solutions for their global employee benefits programs delivered by the world’s most trusted financial service provider.

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’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

  Standard Setting Bodies and Professional Federations The European Commission: European Insurance and Occupational Pensions Authority (EIOPA): National Association of Insurance Commissioners, USA (NAIC): International Association of Insurance Supervisors (IAIS): The European Federation of (Re)Insurers: The European Federation of Risk Management Associations: The Association of Reinsurance Professionals in France: Regulators and Control Authorities Belgium: France: Guernsey: Ireland: Italy:

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

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

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 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

Artex Risk Solutions announced the promotion of Kevin Heffernan to Executive Vice President North America, effective September, 2019. Heffernan will be based in Burlington, Vermont. He leads captive operations including domicile management across the U.S. He is also responsible for Artex North America’s operational controls, administration, and reporting procedures and systems. Heffernan was previously Division Chief Operating Officer for Artex. He holds a B.S. in Accounting from William Paterson

Aetna report shows differing perceptions among employers and employees globally There is a major gulf between how employers view the health and wellness support offered and employees’ views of the support they receive. This could have a significant impact on productivity, according to research from Aetna International published in November 2019. The first of two Business of Health 2020 reports, Tackling polarised perceptions of corporate health and wellness, investigates

Zego, the Swiss RE-backed UK insuretech, in November 2019 awarded an insurance licence to operate as an insurer in Gibraltar. This step allows Zego to act as a carrier and build and sell its own products under Gibraltar domicile and regulations. Zego was launched in 2016 in order to provide flexible insurance for the gig economy and has since expanded its B2B offering to cater to the fast-growing market

Burlington, Vermont, USA-based Distributed Ledger Governance Association (DLGA) in July 2019 launched a blockchain working group dedicated to captive reinsurance companies. The U.S. state of Vermont is a major domicile for captive insurers and reinsurers. DLGA’s mission statement is “to enable [its] members to successfully demonstrate and accelerate commercialization of their distributed ledger technology (DLT). [DLGA believes] this can best be accomplished through effectively engaging with government and stakeholders

The newly established Dajia Insurance Group will absorb Anbang Insurance Group’s life, pension and asset management businesses, according to a May 2019 statement from the China Banking and Insurance Regulatory Commission. Dajia Baoxian, which translates to “Everyone Insurance,” will engage in businesses ranging from insurance underwriting to consulting and brokering. Some investment-type policies sold by Anbang in excess of quotas assigned by the government (for up to 724 billion

According to regulatory filings made in February 2019, Aon has incurred nearly $1 billion in costs related to a restructuring plan announced in May 2017, and will incur about $243 million more in costs when the plan is completed by the end of 2019. Initiated in 2017, Aon’s global restructuring plan has now estimated the number of job losses between 4,800 and 5,400, a 12 percent increase from a

American International Group (AIG) in April 2019 announced it had sold its entire stake in People Insurance Co. of China (PICC) for HK$3.8 billion (US$482 million). AIG had bought into PICC as a “cornerstone investor” in its initial public offering in December 2012. According to Bloomberg, AIG made a 1.75% profit including dividends over the six years, when Hong Kong’s benchmark Hang Seng Index generated a total return of

B3i raised about $16 million in February 2019, bringing its total capital to over $22 million. B3i is a blockchain startup owned by some of the world’s largest insurance companies. Slightly more than half of the new capital came in the form of cash, with the rest coming as converted debt. B3i had previously raised 6.3 million Swiss francs in March 2018. B3i’s founding shareholders include Aegon, Allianz, Munich

Cyril Samson Allianz Global Benefits Head of Sales Cyril Samson joined Allianz Global Benefits in January 2004 as Managing Director and was appointed as Head of Sales in July 2017. Based in Stuttgart, Cyril is responsible for the management of the company‘s sales & account management teams. He further services multinational clients in the risk as well as the pension field. Prior to this Cyril was accountable for

Dirk Hellmuth Allianz Global Benefits CEO Dirk joined the Allianz International Employee Benefits Network based in Stuttgart as General Manager at the end of 2002. On January 1, 2005 Allianz International Employee Benefits Network became the legal entity All Net GmbH and Dirk took over the function of Chairman of the Board of Managing Directors. In January 2014, All Net re-branded to Allianz Global Benefits GmbH due to

Michael Scheu Allianz Global Benefits GmbH Head of Operations Michael joined Allianz Global Benefits in July 2003. Based in Stuttgart as Head of Operations he is responsible for the areas distribution, finance and digital solutions of the company. This includes the management of the strategic and operational relationship with the network insurers, the monitoring of all financials, steering data flows and operations as well as the delivery of

François Jacquemin Allianz Global Benefits GmbH Head of Products & Solutions François Jacquemin is Head of Products & Solutions of Allianz Global Benefits as of October 1, 2013. Since January 1, 2017 he is also responsible for the development and implementation of a centralized global corporate protection solution for Allianz Lebensversicherungs-AG on behalf of the Allianz Group. Before this he managed the project team which developed the strategy