Global employee benefits network IGP in February 2022 announced the launch of a Center of Expertise (CoE) for Reinsurance to Captive and Global Underwriting Programs. The new CoE represents a departure from IGP’s long-standing focus on pooling. Alongside the more traditional multinational pooling programs, IGP has expanded its offer to Global Underwriting and Reinsurance to Captive programs and now introduces a re-designed operational workflow that facilitates their implementation either

Global benefits network IGP (International Group Program) in July 2021 announced the appointment of Marco Giacomelli as its new Head, replacing Peter de Vries who retires after a long and distinguished career in multinational pooling. Marco joins from iPMI carrier Generali Global Health where he served as CEO. He previously was with Generali Employee Benefits (GEB), serving as Chief Insurance Officer, Chief Operating Officer, and earlier as Technical Director;

Multinational pooling network IGP in May 2021 announced a new partner in Cambodia, Sovannaphum Life Assurance. Sovannaphum Life Assurance (SVL) is a joint venture between Canadia Investment Holding, the owner of Canadia Bank, and Muang Thai Life Assurance, IGP’s partner in Thailand. The company was granted full license as a life insurance Company by Ministry of Economy and Finance of Cambodia in December 2015 and started operations in 2016.

International employee benefits network IGP in December 2020 announced the launch of its “Virtual Training Series” to be held in the first half of 2021. The series of six webinars will be repeated in different time zones and will be available in English, German and/or French. January 21, 2021: Trends & Development of the International Employee Benefits Market February 18, 2021: Introduction to IGP Pooling March 18, 2021: Introduction

1967: IGP was founded with Ford as its first Client In the 1960s, Ford began to expand globally, and Ford of Europe was established in 1967. At the time, Ford was the largest domestic client of John Hancock’s Group Insurance Division. The concept of multinational pooling did exist at the time, though it was not widely practiced. Ford and John Hancock collaborated on the possibility of reinsuring and pooling the employee benefits plans of Ford’s overseas operations.

Max India in February 2019 sold its 51% stake in Max Bupa Health Insurance to private equity firm True North for USD 72 million. Max Bupa Health was co-owned by Max India, itself owned by Max Group. The Max Group is an Indian conglomerate with a presence in life insurance, health and related businesses, as well as in manufacturing. Max Group also owns Max Life Insurance through its Max

French social protection group (SPG) Malakoff Médéric Humanis (MMH) in January 2019 arose from the merger of the two former Malakoff-Médéric and Humanis SPGs. As the new French market leader in group life and health insurance (market share 17%), MMH has 426,000 corporate clients with 10 million people insured. Furthermore, it is the recommended employee benefits provider for 93 professional sectors, a significant competitive advantage. In pensions, MMH has

Unum Group in October 2018 acquired Pramerica Życie TUiR SA from U.S. insurer Prudential Financial. Unum is a provider of employee benefits products and services, and the largest provider of group and individual disability income protection insurance in the U.S. and UK. Pramerica Zycie offers group and individual life insurance products in Poland. Aneta Podyma-Milczarek, president of Pramerica Życie, will report to Unum UK President and CEO Peter O’Donnell.

IGP will host its annual global employee benefits seminar in Dublin, Ireland, 21-23 May 2019. Registrations will open in December 2018. In the course of 2.5 days,  the network will be offering a mix of country panels by local experts from all around the globe (a choice out of more than 30 countries), regional Q&A sessions and plenary sessions with guest speakers. Plenty of peer-to-peer networking opportunities are available

IGP’s “Workshop on International Employee Benefits, Multinational Pooling & Captives” provides an opportunity for representatives of global companies to learn more about multinational pooling, captives and employee benefits from an international perspective. The program runs from Monday, June 4 at 14:00 to June 5 at 14:30 and includes dinner and a light lunch. Registration is subject to a contribution of EUR 125 to defray costs (payable by credit card).

IGP’s “Workshop on International Employee Benefits, Multinational Pooling & Captives” provides an opportunity for the European advisor community to learn more about multinational pooling and captives. The workshop is mainly aimed at newcomers to the international benefits field or people needing a refresher course on international pooling & captive matters and the services IGP can offer. The program runs on June 7, 2018 from 10:00 to 16:15 and includes

Manulife Financial Corporation in March 2017 announced that it has appointed Roy Gori as President, reporting to CEO Donald Guloien.  Gori was previously Executive Vice President and General Manager of Manulife’s Asia Division. Gori has been with Manulife since March 2015, when he took on responsibility for Manulife’s operations in China, Hong Kong, Indonesia, Japan, Macau, Malaysia, the Philippines, Singapore, Taiwan, Thailand, Vietnam, and Cambodia. The Asian division accounts

Ms Chua Wan Ching in March 2017 joined the IGP Singapore team as IGP Regional Director – Asia. Wan Ching, a Singapore national, brings with her a 17-year career in health and benefits, mainly gained within the advisor community, most recently with Willis Towers Watson and Aon, where she has been responsible for maintaining key relationships with global, regional and domestic clients. Her responsibilities in IGP include overseeing regional

As of April 2017, Michael Spincemaille, IGP Regional Director, will coordinate IGP’s LATAM regional activities via the offices of Network Partner in Mexico, Seguros Monterrey New York Life. Back in 2012, Michael began performing that same role via the Bogotá head office of Colombian IGP Network Partner, MAFPRE. The regional offices’ key objectives remain unchanged, i.e. servicing clients’ regional headquarters and subsidiaries in respect of their employee benefits arrangements;

IGP’s “Workshop on International Employee Benefits, Multinational Pooling & Captives” provides an opportunity for the European advisor community to learn more about multinational pooling and captives. The workshop is mainly aimed at newcomers to the international benefits field or people needing a refresher course on international pooling & captive matters and the services IGP can offer. The program runs on June 22, 2017 from 10:00 to 16:15 and includes

IGP’s “Workshop on International Employee Benefits, Multinational Pooling & Captives” provides an opportunity for representatives of global companies to learn more about multinational pooling, captives and employee benefits from an international perspective. The program runs from June 19 at 14:00 to June 20 at 14:30 and includes dinner and a light lunch. Registration is subject to a contribution of EUR 125 to defray costs (payable by credit card) and

Global Benefits Vision: Good morning, Peter. Perhaps you’d like to start off with the highlights of your career. Peter de Vries: I joined IGP in 1988, when I was just a “slip of a lad”, to head up the European region, which, at the time and still today is the largest region for IGP in terms of premium. While most of our clients, about 55 percent, are North American multinationals, most of the premium is paid in the European region.

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

IGP hosts its annual international employee benefits seminar in Boston, Massachusetts on May 9-11, 2017. The seminar includes a choice of up to 12 country panel presentations about local social security programs and customary private employee benefits practice, including legislative updates and recent trends and new products. Several keynote presentations address key issues of interest to global employee benefits professionals. Optional training sessions on multinational pooling, IGP’s “International Experience

IGP hosts the Americas regional version of its international employee benefits seminar in Sao Paulo, Brazil, on September 15, 2016. During the seminar, HR professionals, C&B specialists, Risk Managers and Finance Executives of all levels have the opportunity to discuss past, current and future employee benefits trends with industry specialists and their peers. A mix of country panels with a focus on the Americas is provided, along with topical

IGP hosts the Asia-Pacific regional version of its international employee benefits seminar in Singapore on September 29, 2016. During the seminar, HR professionals, C&B specialists, Risk Managers and Finance Executives of all levels have the opportunity to discuss past, current and future employee benefits trends with industry specialists and their peers. A mix of country panels with a focus on the Asia-Pacific region is provided, along with topical plenary

IGP hosts the EMEA regional version of its international employee benefits seminar in Windsor, U.K. from May 24 to 26, 2016. Windsor is located 40 km to the West of London. During the seminar, HR professionals, C&B specialists, Risk Managers and Finance Executives of all levels have the opportunity to discuss past, current and future employee benefits trends with industry specialists and their peers. A mix of country panels

IGP hosts an event aimed at Malaysian subsidiaries and advisors in Penang, Malaysia on Wednesday on April 27, 2016. The programme includes an introduction to pooling and other topical sessions about employee benefits trends. There is no fee to attend. More information and registration here.

IGP hosts an event aimed at Malaysian subsidiaries and advisors in Kuala Lumpur, Malaysia on Tuesday on April 26, 2016. The programme includes an introduction to pooling and other topical sessions about employee benefits trends. There is no fee to attend. More information and registration here.  

IGP hosts an event aimed at Indonesian subsidiaries and advisors at Manulife’s offices in Jakarta, Indonesia on Tuesday, April 19, 2016. The programme includes an introduction to pooling and other topical sessions about employee benefits trends. There is no fee to attend. More information and registration here.

IGP hosts an event aimed at Colombian subsidiaries and advisors at Club El Nogal in Bogota, Colombia in the morning of Thursday, February 11, 2016. The programme includes an introduction to pooling and other topical sessions about employee benefits trends. There is no fee to attend. More information and registration here.

IGP hosts an event aimed at Korean subsidiaries of Japanese multinationals at Samsung Life’s offices in Seoul, Korea in the afternoon of Friday 19, 2016. Held in Japanese, the 3-hour workshop includes an introduction to pooling and labor law and human resources management in Korea. There is no attendance fee and the deadline for registering is February 12, 2016. Link : IGP Seminar website