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France

A leading player in the French benefits industry, life and health insurance carrier Malakoff Médéric (MM), which operates as a non-profit, jointly-managed mutual group, in September 2016 announced it would combine its teams with those of its wholly-owned subsidiary Quatrem. Reasons cited include the “impact of Solvency 2” as well as operational and commercial synergies. Quatrem was essentially Malakoff Médéric’s brokerage unit and wrote group business only, representing approximately

In an unexpected move, French teachers’ mutual insurance company MGEN (Mutuelle Générale de l’Education Nationale) in October 2016 launched its MGEN International Benefits (MGEN IB) unit, dedicated to expatriates. MGEN IB will develop a range of insured life and health products for globally mobile people originating from any country. It will address both individual and corporate markets in France and abroad, dealing with stays of any duration, from a

Employee benefits in France are provided by several types of insurance carriers, some of which are particular to that country—and that results in some confusion. Here is a brief overview of the main types of players. French English Translation Coverage Offered Applicable Laws and Regulations Institutions de Prévoyance (IP) Provident Institutions Paritarian Institutions Group health, life, pensions Social Security Code Groupe de Protection Sociale (GPS) Social Protection Group (grouping

AIG in the UK have announced in September 2015 the launch of their “Expatriate Care” product, aimed at UK-headquartered organizations with expatriate employees. Interestingly, AIG has partnered with Paris, France – based broker and TPA Henner. One of Henner’s division is a medical plan administrator with a network of 35,000+ medical providers in 160 countries, with discounts and direct billing arrangements. The AIG UK product includes a medical second

French wholesale broker APRIL Group released in June 2015 a service card for employees facing hardship such as divorce,accident, death of a relative, etc. “April for Me” allows employers to support these employees through help with administrative procedures, hands-on assistance (babysitting, cleaning services, etc.), and support (social worker, psychologist, etc.) in case of a traumatic event. This is expected to drive greater employee engagement and a quicker return to