MAXIS Global Benefits Network in August 2016 launched the MAXIS Global Risk Solution, a global program management solution offering centralized multinational companies with large global footprints a single-employer, non-profit-sharing arrangement.
Key advantages include better terms and conditions; economies of scale; greater predictability of premiums; a global financial view; and a single point of contact for underwriting.
Eligible coverages include group death; survivor income; group disability benefits; as well as medical coverage.
Increasingly complicated regulations and pressure to better manage and anticipate benefit spending are cited as factors driving employers to explore new ways to optimize their worldwide employee benefits arrangements. Alongside traditional solutions such as multinational pooling and employee benefits captives, international programs are another tool that global compensation & benefits managers and risk managers need to consider in their global employee benefits optimization strategy.
A two-page marketing brochure is available here [1].
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