According to a review conducted in the UK, 10% of full-time and part-time employees missed days at work due to financial stress. In the private sector, this meant that more than 2.5 million workers took time off due to financial wellbeing, and 13 million worker days were lost. A 2022 survey conducted in Asia found that those without emergency savings are 60% more likely to have difficulty concentrating at work compared with those who had emergency funds saved. According to Lyra Wellbeing’s 2023 US survey, 48% of employees cited financial stress as the top factor impacting their mental health.

Abelica Global, a network of independent actuarial firms, announces its new Executive Director, Kulin Patel, who has taken over the role from 1 December 2024 as Carl Hansen retires. Kulin Patel brings over 28 years of global pensions and insurance consulting experience including a wealth of knowledge representing, building, and leading strong brands and alliances. Kulin’s dedication to excellence, entrepreneurial style, and innovative spirit align well with Abelica Global’s

MAXIS Global Benefits Network (MAXIS GBN) in December 2024 announced the appointment of Nicolas Denys as Chief Underwriting Officer, effective 1 February 2025. Nicolas will sit on the MAXIS GBN Executive Committee, reporting to CEO Mattieu Rouot. In his new role, Nicolas will lead a team of pricing underwriters who work closely with the MAXIS network of local insurers, the MAXIS E.U. Underwriting Hub and our multinational clients. Nicolas joins MAXIS from

In an increasingly globalized world, human resources (HR) professionals and risk managers of multinational companies face the growing challenge of managing employee well being and insurance strategies across borders. For companies with a global workforce, the rising costs of healthcare services and insurance premiums make it crucial to explore innovative and cost-efficient solutions that maintain or enhance the quality of care provided to employees. One such solution that has