Bank of New York Mellon, located in Pune, Maharastra, India, has named Moumita Das as Vice President in charge of Compensation and Benefits as of January 2019. Das comes to BNY Mellon from her previous position as Compensation and Benefits Manager at Novartis in Hyderabad, India, and with American Express India. Das began her career as a network engineer with Accenture in India, and moved on to Human Resources
Steffen Zwick in March 2019 joined Mercer Switzerland as Head of Marketing and Communication. He was before with Mercer as a Marketing Manager as well as Campaign Manager for content marketing and left to take a position as Senior Marketing Associate with Eaton Vance Management International in London. He has since returned to Mercer and is now located in Zurich. Zwick holds an MA in Linguistics from Heidelberg University.
Rebecca Wheeler joined Willis Towers Watson (WTW) as International Benefits Manager as of March 2019. Wheeler previously held the same position with Phillip Morris International, where she had worked since 2012. She was also an International Consultant with Towers Watson from 2008 to 2012. Prior to that, she was a Regional Benefits Analyst and International Benefits Analyst at Microsoft. Wheeler holds a Master’s degree in Business Administration (MBA) from
American International Group (AIG) in March 2019 announced the appointment of Betsy Palmer as Senior Vice President and Chief Marketing Strategy, Communications and Industry Leadership Officer, AIG Life & Retirement. She will be based in New York and will report to Kevin Hogan, Chief Executive Officer, Life & Retirement, as a member of the Life & Retirement Executive Team. Ms. Palmer will assume responsibility for all marketing, communications, stakeholder
Insurance Europe in March 2019 published a checklist regarding the insurance implications of a no-deal Brexit. Insurance Europe is the European insurance and reinsurance federation, representing all types of insurance and reinsurance carriers. Intended for the general public but relevant for business travelers and short-term secondments, the checklist deals with: Motor insurance – Currently, motorists insured in any EU member state can drive their vehicle in any other EU member
Artex Risk Solutions, a provider of insurance, reinsurance, and alternative risk management solutions, in March 2019 announced that Peter Mullen has re-joined the company as Chief Executive Officer (CEO). He takes over from former CEO David McManus, who will assume the new role of Chairman going forward. Mullen has been CEO at Aon Captive & Insurance Management for the last seven years, and will begin his position with Artex
HX Global, the Americas division of Healix International, in March 2019 appointed Tim Crockett as senior vice president, U.S. Business Operations. Crockett joined HX Global in 2016 as vice president of security. In that role, he was tasked with designing and providing security and risk management solutions for multinational organizations. Prior to joining HX Global, Crockett worked as senior director of global security operations for media conglomerate Turner. He
Alliant Insurance Services in March 2019 announced it had added Lee Doble as Consultant as of January 2019. He is based in Huntington Beach, California. He comes to Alliant from Crystal and Company, where he spent eighteen years as Managing Director. Prior to that, Doble was Managing Director at Frank Crystal & Co., Inc. for twelve years, and a senior account executive at Aetna for over thirty years. Doble
New GDP data published in March 2019 by the Conference Board shows that growth has slowed to 2.6 per cent in the United States for the final quarter of the year, despite growing at nearly four per cent last year. Growth is still above the U.S. economy’s long-term two-per cent trend. The U.S. can expect a further slowdown in growth due to fading effects of an anemic fiscal stimulus,
OECD in March 2019 released a new survey, “Risks that Matter”, which asked over 22,000 people aged 18 to 70 years old in 21 countries* about their worries and concerns, and their opinions on how well they think their governments help them tackle social and economic risks. The nationally-representative survey finds that many people in OECD countries believe public services and social benefits are difficult to reach and inadequate.
Munich Re-owned ERGO Group, which includes ERGO Deutschland, ERGO International, and ERGO Digital Ventures, in March 2019 sold four ERGO International subsidiaries to the Euroins Insurance Group (EIG) for an undisclosed amount. The sale involves ERGO’s life and non-life subsidiaries in Romania and the Czech Republic as well as its non-life company in Belarus. In 2017 they had a combined gross written premium of €72 million. The purchase agreement
Aon in March 2019 announced, then cancelled plans to merge with Willis Towers Watson (WTW) in what would have been the industry’s largest ever merger. The cancellation announcement was made just one day after Aon announced it was considering a takeover bid for WTW. According to a statement released on Tuesday, March 5, Aon was in the early stages of exploring an all-share tie-up with WTW, and indicated that
Randstad in March 2019 released the first quarter 2019 edition of its Workmonitor report. Workmonitor’s Mobility Index, which tracks employee confidence and captures the likelihood of an employee changing jobs within the next six months, provides a comprehensive understanding of sentiments and trends in the job market. Besides mobility, the survey addresses employee satisfaction and personal motivation as well as a rotating set of themed questions. The report for
People respond to voice warnings, not to standard fire alarms, and evacuations are speedier when timely information is communicated, according to a study released in March 2019 by Siemens Building Technologies. It has been noted many times, in multiple studies, that building occupants often ignore or are slow to respond to standard fire alarm sounders. There is even a tendency for people to continue with their activities, oblivious to
In the March 2019 issue Retire Vitally Conference Report eHealth & Prevention Programs – Dejan Malesic Work in the ‘Gig Economy’: A Meaningful Relationship? – Geneviève Shanahan, Mark Smith Seeing the Light: Using Light Intake to Boost Workplace Productivity – Hugo Starrsjo, Shira Jeczmien Inside the Ransom Business: Why Kidnapping Rarely Pays – Anja Shortland The Changing Landscape of Employee Benefits in India – WBN Series – Alda Dhingra Talent Management in South Asia – Ruchika Pal Interview – AEIP Secretary General Bruno Gabellieri
In the March 2019 issue Retire Vitally Conference Report eHealth & Prevention Programs – Dejan Malesic Work in the ‘Gig Economy’: A Meaningful Relationship? – Geneviève Shanahan, Mark Smith Seeing the Light: Using Light Intake to Boost Workplace Productivity – Hugo Starrsjo, Shira Jeczmien Inside the Ransom Business: Why Kidnapping Rarely Pays – Anja Shortland The Changing Landscape of Employee Benefits in India – WBN Series – Alda Dhingra
The Retire Vitally conference, where participants gathered to discuss best practices pertaining to retiring in good health in the European Union, was held 24 January 2019 at PGGM headquarters in Zeist, the Netherlands. The event was organized by AEIP, TELA (Finland) and PGGM (The Netherlands).
Home to Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, South Asia is one of the most dynamic regions in the world, with a population of 1.67 billion people and economic growth of 7.1 percent over the last decade, according to the World Bank. With growth topping 6.9 percent in 2018 and set to accelerate to 7.1 percent this year, South Asia is firming up its position as the world’s fastest-growing region, further extending its lead over East Asia and the Pacific, according to a World Bank regional economic update.
The Indian employee benefits landscape has undergone rapid and dramatic transformation over the past two decades, hastened by economic growth, amendments to and increases in statutory benefits, new benefits paradigms introduced by Multinational Corporations (MNCs), and legislative and judiciary action. Employee Benefits stakeholders, in order to keep up with the times, must continue to evolve their benefits offerings to ensure compliance as well as competitiveness.
A kidnapper’s phone call announcing that a family member or employee has been abducted is the stuff of nightmares – as is the eye-watering ransom demand that often accompanies this news. How should you respond?Most kidnappings take place in countries where governments are weak and territory is disputed. Without a police force able to help, you will need to negotiate to get your loved one back. So, what is the “right” price for their life?
Light is important for more than just vision. Tackling circadian rhythm disruption is crucial to increasing productivity in the workplace. Thanks to extensive scientific research, we now know that light is one of the main factors controlling our circadian rhythm, the natural body clock that regulates our energy levels and the quality of our sleep. Light stimulates the production of sleep and energy hormones, and is the biggest influencer of our sleep quality, productivity and well-being.
In Europe and around the world, many people are delivering fast food on bicycles or acting as taxi drivers in their own cars, not quite employees and not quite self-employed. Following recent legal judgements in France, the UK and in other countries, the contractual status of these “gig workers” is again being questioned. We hear of the benefits of the flexible lifestyles afforded to workers in the “gig economy” but also complaints about precariousness and exploitation.
Bruno Gabellieri is Secretary General of AIEP, the European Association of Paritarian Institutions. Global Benefits Vision: Thank you, Bruno, for being with us again, three and a half years after our first interview. Can you recap AEIP’s mission today and how it relates to our industry?
According to the Organization for Economic Cooperation and Development (OECD)’s and Interim Economic Outlook published in March 2019, global growth is slowing, showing signs of decoupling, with greater concern for Europe than the US, which is experiencing a slight slowdown. The slowdown has been faster than anticipated a few months ago; growth in Europe has been particularly disappointing, as trade growth both within the EU and with external partners
Emerging markets will remain the growth engine for the global economy and the insurance industry over the next decade, according to the latest sigma report from Swiss Re Institute, published in March 2019. The study explores how the seven largest emerging markets will contribute more than 40% of global growth in the next decade, with China accounting for over a quarter of the global output. (The seven largest emerging
Robert Bauer in March 2019 joined insurance broker Marsh to lead its U.S. Sharing Economy & Mobility Practice. He is based in San Francisco and reports to Jeffrey Alpaugh, Growth & Industry leader for Marsh’s U.S. and Canada division. Bauer will focus on developing and delivering products and services to companies operating in the new economy, working with others across Marsh including Marsh’s Digital, Data & Analytics team. Bauer