In the September 2018 issue GBV at Three The Data Privacy Act of the Philippines and GDPR Nico Lacson, Cesar Ruperto P. Ong Quick Take on InsurTech: Reto Toscan, SwissRe UK Group Risk Market Update Paul Avis Creating a Top-Tier Benefits Package James Reid Health Coaching Might Help in Reaching Old Age Ayse Cinar The Latest Blood Pressure Guidelines John Warner Is Cancer Just a Question of Bad Luck?

Cigna in September 2018 announced the launch of Cigna Ventures, a corporate venture fund focused on transformative and innovative healthcare companies. Cigna has committed $250 million of capital to help it find, assess and sponsor early-stage innovation ideas that call for deeper exploration through pilots and test-and-learn activities. The $250 million will be used to invest in startups and growth-stage companies across three strategic areas: insights and analytics; digital

GBV at Three The Data Privacy Act of the Philippines and GDPR: Nico Lacson, Cesar Ruperto P. Ong Quick Take on InsurTech: Reto Toscan, SwissRe UK Group Risk Market Update: Paul Avis Creating a Top-Tier Benefits Package: James Reid Health Coaching Might Help in Reaching Old Age: Ayse Cinar The Latest Blood Pressure Guidelines: John Warner Is Cancer Just a Question of Bad Luck? – Yvane Wiart Opioid Epidemic – The Global Spread Has Begun: Blair Smith Interview with Enrique Acevedo, Correcol – the WBN member in Colombia

Next Insurance, a Palo Alto, California-based digital insurance company that focuses on small businesses, in August 2018 became a licensed insurance carrier, shedding its brokerage business model. As a carrier, Next Insurance is able to write policies independently, resulting in better control over underwriting, pricing, and policy wording. The company now works directly with U.S. state insurance regulators to introduce innovations in the small business insurance market, including on-demand

Marsh & McLennan (MMC) in September 2018 announced the acquisition of Jardine Lloyd Thompson (JLT) for $5.6 billion. Based in London, JLT is the eighth-largest insurance broker and employee benefits provider in the world as per 2016 revenues (1.55 billion). JLT was created in 1997 when Jardine Insurance Brokers merged with Lloyd Thompson Group. The firm operates in 40 countries with particular strength in the UK and Australia. MMC

The 10th edition of AEIP’s Annual Conference will focus on the adequacy and sustainability of social protection in the years ahead. The conference program includes keynote speeches by Ms. Ruth Paserman from the European Commission; Ms. Ulrika Hall from the Social Protection Committee of the EU; and Ms. Flavia Micilotta, from the High-Level Expert Group on Sustainable Finance. Panel discussions will address the issues of access to social protection

Livio Mocenigo in September 2018 was appointed by Zurich as the Global Head of Corporate Life & Pensions (CLP), reporting to James Shea, CEO Commercial Insurance. Based in Zurich, Switzerland, Livio replaces Hanno Mijer who becomes the new CEO of Zurich subsidiary Cover-More. Livio previously headed the Global Customer and Distribution Management for CLP where he established strategic partnerships with major employee benefit consultants, and strengthened the relationship with

Hanno Mijer in September 2018 became CEO of Zurich’s travel insurance provider Cover-More, succeeding Mike Emmett. He will relocate from the city of Zurich, Switzerland to Sydney, Australia. He reports to Jack Howell, CEO Asia-Pacific, and to Group Chief Strategy, Innovation and Business Development Officer Giovanni Giuliani. Before his appointment at Cover-More, Mijer was Zurich’s Global Head of Corporate Life and Pensions, a major driver of the growth of

Insurer – Country of Destination – Date Announced – Source MS Amlin – Brussels – 28 June 2017 – Press release Lloyd’s of London – Brussels – QBE – Brussels – CNA Hardy – Luxembourg – RSA – Luxembourg – AIG – Luxembourg – FM Global – Luxembourg – Hiscox – Luxembourg – Liberty Mutual, Special Markets – Luxembourg – Admiral – Dublin – Beazley – Dublin – Chesnara –

U.S. reinsurer TransRe in September 2018 announced plans to redomicile its continental European legal entity TransRe Zurich to Luxembourg and change its name. The continental European offices in Munich, Paris and Zurich, as well as Dubai, will become branch offices of Luxembourg. Commenting on the move, Paul Bonny, President TransRe Europe and Asia Pacific, said: “we are now simplifying our corporate structure [for] our European, Middle Eastern and North

Gallagher in September 2018 acquired Wheatman Insurance Services from Woodland Hills, California, a retail property/casualty broker that also offers employee benefits consulting services. Since January 1, 2018, Gallagher has closed 26 acquisitions for an total amount of approximately $240 million.

Jacqueline Carter and Rasmus Hougaard, authors of new book, “The Mind of the Leader”, published by Harvard Business Press in March 2018, will be on hand and present their key messages at the launch event supported by Generali Employee Benefits – GEB. According to the authors’ research, organizations and leaders are not meeting employees’ basic human needs of finding meaning, purpose, connection, and genuine happiness in their work. Furthermore,

Gallagher in September 2018 acquired Australian brokers Super-Advice Corporate Services and Personal Advice Services, based in Perth, Western Australia and Sydney, New South Wales, Australia. Super-Advice is an employee benefit consultants and corporate advisory group, expanding Gallagher’s superannuation (employer-funded occupational pension programs) and employee benefit consulting service capabilities across Australia. Robert O’Shea, Dean Lawson and their associates will continue to work from their current locations in Perth and Sydney

Generali Global Assistance (GGA) in September 2018 appointed Philippe Gervais as President of GGA’s Travel Insurance company. Gervais, located at the Travel Insurance headquarters in San Diego, California, reports to Chris Carnicelli, CEO of GGA North America, who oversees the travel insurance and assistance, identity theft protection, and medical risk management business lines. Prior to joining GGA, he was CEO of Europ Assistance Belgium. Generali operates its assistance businesses

U.S. insurance carrier Travelers in August 2018 acquired a reported 60% stake in Canadian insurtech broker Zensurance. Based in Toronto, Ontario, Zensurance offers online commercial lines broker services and will continue to work independently. Founded in 2016, Zensurance creates segmented insurance packages for each industry. It says it has more than 2,500 clients in Canada and works with over 40 insurers. Zensurance CEO Danish Yusuf and CTO Sultan Mehrabi keep

Global broking network Brokerslink in August 2018 announced it was considering a private share placement for third-party investors. The purpose of the expected capital increase is to support growth. Operating from Portugal and incorporated in Zug, Switzerland, Brokerslink features cross-shareholdings between the network and its partners, to create “a unity of purpose and vision”. Since an October 2016 private stock offering, Brokerslink has 55 independent shareholders in 40 countries;

U.S. insurance carrier Allstate in August 2018 acquired identity theft services company InfoArmor for $525 million. Allstate’s stated intent is to grow its employee benefits business. According to Tom Wilson, Chairman, President and CEO of Allstate, in 2017 “there were over 16 million victims of identity fraud [in the U.S.], which resulted in over $16 billion of losses.” InfoArmor is a private company with headquarters in Scottsdale, Arizona. Its

Allianz Partners in August 2018 announced the establishment of three new innovation centers focusing on travel, health and assistance. The automotive innovation center was launched in 2014. Allianz Partners is Allianz’s B2B2C provider of assistance, international health & life, automotive, and travel insurance products. They combine insurance, service and technology. They are distributed through partners or via direct and digital channels under four commercial brands: Allianz Assistance, Allianz Care,

T&D Holdings, a Japanese listed life insurance holding company, and Swiss digital health platform company dacadoo in July 2018 announced that they will cooperate in the development of digital life insurance products for Japan. Dacadoo develops and operates a digital Health Engagement Platform to motivate users to achieve and maintain healthy lifestyle habits. Additionally, dacadoo offers a risk engine for underwriting. T&D Holdings owns three life insurers: Taiyo Life

Aon is offering 10 tips to help organizations maximize the use of occupational health (OH) programmes. Generally, employers use occupational health to be responsible and compliant, while also reducing costs. Aon’s 2018 Benefits and Trends survey released in August 2018 found that 96% of employers agree that they have a responsibility to influence employee health, although only 65% access occupational health services. The authors explain that a common theme

Gallagher has released its 2018 Human Capital Insights Report, Identify the Trends, a 40-page document that looks at the changing landscape of human capital Framework for the Future initiative, which addresses the challenges to employers in a rapidly-changing workplace. The report identifies four areas impacting the change in workplace environments: The transformation of the global business marketplace may mean a more affordable cost structure for talent management The shifting

Swiss Re in August 2018 appointed Russell Higginbotham as CEO Reinsurance EMEA and Regional President EMEA; he joins the Group Executive Committee. He succeeds Jean-Jacques Henchoz, who leaves for Hannover Re. Russell Higginbotham most recently led Swiss Re’s global Life & Health (L&H) Products Division. Previously, he was CEO of Swiss Re UK & Ireland, CEO of Swiss Re Australia and New Zealand and led the company’s L&H businesses

Hannover Re in August 2018 announced Jean-Jacques Henchoz would become its CEO in May 2019 upon Ulrich Wallin’s retirement. Henchoz leads Swiss Re’s reinsurance division in Europe, Middle East and Africa (EMEA), having responsibility both for life and for non-life. Previously, he was Managing Director, Client Markets; led Swiss Re Canada as President & CEO; and held positions as Head of Strategic Planning for P&C; Underwriting Manager, Financial Reinsurance;

The UK’s Home Office in August 2018 unveiled a package of briefing packs, posters and leaflets, the “EU Settlement Scheme: employer toolkit” to help staff from the EU to register for a new immigration status that will be legally required after Brexit. An estimated 3.5 million to 3.8 million EU citizens live and work in the UK. Among the employers and groups present at the launch were the British

German HR consulting firm Lurse in August 2018 announced the acquisition of the business interest of one of the partners of pension software provider Deutsche Pensions Group (DPG) who is retiring, while majority shareholders Ulrich Mix and Dr. Otmar Stüpp stay with the company. DPG will continue to be managed independently and be headed by Mr. Mix. A member of the Worldwide Broker Network (WBN), Lurse is an HR

The European Commission in August 2018 announced the names of the ten members of its recently established “High Level Group on [supplementary] pensions”. The mission of the group is “to provide policy advice to the Commission on matters related to ways of improving the provision, safety through prudential rules, inter-generational balance, adequacy and sustainability of supplementary (occupational and personal) pensions in light of the challenges in the Union and

Marsh & McLennan (MMC)’s health, wealth and career consulting arm Mercer in August 2018 acquired the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial. Pavilion is a global investment services firm with about 300 employees, headquartered in Winnipeg, Canada. It has offices across North America, in London, U.K., and in Singapore. In the U.S., Pavilion focuses on the defined contribution (D.C.), endowment and foundation, healthcare and