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Allowing for financial synergies (6/6) By choosing @GEB_Network for your international expat plan, you not only benefit from a best compliant, integrated solution that will meet the needs of your diverse employees – wherever in the world they are – but you also benefit from cost efficiencies. For example, a global Network built upon years of close partnership working and trust, allowing for a high degree of harmonisation of

Centralising plan set-up and information management (5/6) Your multinational organisation is complex. But your global mobile employee benefits plan needn’t be. The right solution will allow you to insure your locally-based employees alongside their expat colleagues, with bespoke plans and quality benefits. For the employer, we bring solutions that are compliant and cost-effective. Plus, everything in one place, including comprehensive reporting packages. For the employee, we bring a user-friendly

Aiming for a high degree of harmonisation of terms and benefits (4/6) There are pros and cons of harmonising your terms of employment. But we believe the advantages far outweigh the disadvantages, bringing you a global mobile employee benefits plan that is more: attractive; fair; compliant; efficient. And less administration heavy and hierarchical. Talk to @GEB_Network about our new and innovative Best Compliant Model: the next generation of international

Minimising non-admitted insurance (3/6) Every country is different. Just like every employee is different. And non-admitted insurance is no longer serving global mobile insurance needs with the same level of efficiency that it once did. To insure global risk in a way that is consistent, cost-effective and with non-admitted insurance minimised, you need a different solution. @GEB_Network’s Best Compliant Model provides that solution, within a single multinational policy or

Maximising admitted coverages (2/6) Are you looking for one global mobile employee benefits solution that is in line with the requirements of each region in which your organisation is present? Do you want to simplify the administration of the benefits you offer globally, or across as many regions as possible? Do you want to reduce the reliance on non-admitted solutions? Look no further. @GEB_Network’s new Best Compliant Model has

Providing one integrated solution across geographies (1/6) Achieving a globally mobile employee benefits solution that is integrated and compliant, yet user-friendly, member-experience focused and cost-effective gets ever harder to achieve. At the same time, it’s a necessity in #employee attraction and retention. Fortunately, there is a way, in the shape of @GEB_Network ’s new and innovative Best Compliant Model. #employeebenefits

MAXIS Global Benefits Network in August 2019 launched a new analytics-led report that is the first of its type in the market. The Population Health and Risk Stratification report is meant for global and multinational organizations that want to significantly improve the impact of their employee health and wellness initiatives. The report also helps companies mitigate the cost drivers of medical claims and employee benefits programs. The report allows

Give an Hour, a US-based, not-for-profit mental health services organization in June 2019 partnered with high profile companies including Facebook, Aetna and IBM to promote global awareness around mental health. The week-long global public education initiative called A Week to Change Direction ran from June 9 to June 15, 2019 with projects registered in 18 countries including Australia, Canada, China, Colombia, Czech Republic, Germany, India, Kenya, South Africa, Turkey,

Fitbit in February 2019 launched a new fitness tracker, the Inspire, which is available through health and wellness providers only. From a consumer perspective, the Inspire is a fully subsidized (i.e. free) product intended to be distributed in mass quantities and is promoted “as a way to encourage the well-being of health care recipients”. The tracker monitor activity and sleep, calories burned, and prompts wearers with reminders to get

Zurich UK in January 2019 announced it was backing London, UK-based travel insurance startup Pluto. Pluto targets Millennials, an under-insured segment when it comes to travel insurance, with up to 60% of them traveling without insurance. The underwriting engine blocks people over the age of 46. Zurich provides underwriting and claims management; Pluto brings mobile-oriented software that gives clients a standard insurance quote in around one minute, or three

Grab, a Singapore-based competitor to Uber present also in the Philippines and in Malaysia, in January 2019 announced it would sell insurance through its smartphone app. Grab will open up its ride-hailing app as a platform for direct distribution of insurance policies. The new capability is provided by Chinese partner ZhongAn Online P&C Insurance. The first insurance carrier to join the program is Chubb, with a loss of income

Generali in October 2018 launched a new Cyber Insurance division as well as a start-up, CyberSecurTech, to address cyber risks. The new division combines cyber insurance products with Generali CyberSecurTech, led by CEO Remo Marini, and which will deploy cyber risk assessment methodologies for customers. Generali recently launched the in-house designed and developed Majorana technology platform. It collects and analyses customer data, starting from an assessment of the customer’s

In need of great employees to take your company to the next level? Look no further than Global Benefits Vision. GBV is proud to introduce GBV Open Jobs, where employers and recruiting firms can advertise open positions on the home page of the only independent, knowledge-oriented global employee benefits and global mobility website. Listings on Open Jobs can include links, embedded images, videos, and PDF files to help make

IPMI provider Generali Global Health (GGH) in October 2018 enhanced its Global Choice iPMI product by adding the My Digital Doctor app. Using a smart phone or tablet, beneficiaries now can schedule video and phone consultations with a global, multilingual team of doctors 24 hours a day. Through the new app, GGH members are able to discuss all aspects of primary care; manage ongoing conditions with a doctor and

Generali Employee Benefits (GEB) in September 2018 announced the launch of CIAO, a mobile health app designed to help clients promote healthy behaviors within their organizations, encourage employees to improve their overall health and address lifestyle-related illnesses such as obesity, diabetes, stress, and heart disease. The CIAO app has been developed in partnership with UK-based health tech firm Tictrac. Through research and a deep understanding of consumer behavior and

U.S. insurance carrier Allstate in August 2018 acquired identity theft services company InfoArmor for $525 million. Allstate’s stated intent is to grow its employee benefits business. According to Tom Wilson, Chairman, President and CEO of Allstate, in 2017 “there were over 16 million victims of identity fraud [in the U.S.], which resulted in over $16 billion of losses.” InfoArmor is a private company with headquarters in Scottsdale, Arizona. Its

MAXIS Global Benefits Network in June 2018 launched ‘MAXIS Global Wellness’, a centralized wellness proposition based on comprehensive health analytics to help multinational organizations mitigate the soaring costs of healthcare. The solution is delivered via corporate employee benefits plans. It allows multinationals to target country-specific cost drivers identified via analytics to deliver focused wellness solutions to employees. The new product is underpinned by over four years’ global health data

Generali Global Assistance (GGA) in February 2018 announced that it has implemented its proprietary identity and digital protection platform for Deposits.com, which is now able to offer its customers 360° identity protection services including prevention, monitoring, alerts and resolution tools. Deposits.com is a multi-platform financial directory and secure, online portal that connects financial institutions with consumers looking to open financial accounts, take out a mortgage or loan, find a

Aviva, the UK’s largest general insurer and a leading life and pensions provider, in January 2018 announced its intention to withdraw from the international private medical insurance (iPMI) market, following a strategic review which found that iPMI “is not central” to the company’s focus on growing its health business in the UK. As of 1 May 2018, existing iPMI customers will be able to continue coverage by accepting a

KPMG and global provider of Human Capital Management (HCM) solutions ADP in November 2017 joined forces to help multinational companies better manage employees who need to relocate from one country to another. By combining KPMG’s Global Mobility Services (GMS) practice, including its proprietary LINK Enterprise technology platform, with the ADP Global Payroll solution, the two companies can provide multinational companies with an integrated approach to managing payrolls and reporting

Swiss Life in October 2017 entered into a long-term partnership with Swiss business software provider for small businesses, bexio. Swiss Life becomes one of the largest shareholders of bexio and Swiss Life Switzerland CEO Markus Leibundgut joins the Board of Directors. The start-up already has over 10 000 customers and employs a staff of 50 in Switzerland. Bexio focuses on small-to-medium-sized businesses (SMBs) and offers web-based services – including

Sun Life Financial and Pareto Captive Services in October 2017 announced a new stop-loss group captive solution, Legend Re, which will be available in the U.S. for policies effective January 1, 2018. The initiative is designed to reduce claims volatility for small and medium self-funded employers or fully-insured employers transitioning to self-funding in order to realize cost savings. Employers in a group captive typically have under 500 employees, are

MSH International, citing favorable U.S. state regulations allowing self insurance for groups with as few as ten plan members, along with the growth of the medical stop-loss business, in October 2017 announced a new stop-loss product for self-insured expatriate and third-country national (TCN) customers that includes medical benefits as well as life and disability options. President and CEO Philippe de Dreuzy said “Based on my 25 years’ experience I

HR software provider for mid-sized companies Namely has released the results of its open enrollment survey, which identifies what is most important to U.S. employees when it comes to benefits. Findings indicate that 36% of employees rate their HR departments with a “C” or lower when it comes to open enrollment. While 57% of respondents say that their employer has prepared them “pretty well,” only 27% give them an

The demand for short term international private health insurance or IPMI which bridges the gap between travel insurance and longer term cover looks set to keep growing, particularly as events such as Brexit unfold. Brexit could unleash yet more demand as international arrangements such as the European Health Insurance Card (EHIC) may no longer cover travelers to and from the U.K. . The impact of the internet, budgetary pressures

Global Benefits Vision is proud to announce the release of the new Global Employee Benefits and Global Mobility Directory! Our vision is for the directory to be the core record of Employee Benefits and Global Mobility providers in the industry, and a one-stop shop for company data and contact details at your fingertips. We will be revising it periodically to ensure the data remain current and to add new

Zurich’s International business (Zurich International) in August 2017 launched its Target Date Funds (TDFs) as part of the investment proposition available with the International Pension Plan (IPP), and International Corporate Investment Plan (ICIP). Zurich International claims it is the first financial services group to offer a US Dollar TDF solution in the International Pensions & Savings market. With their focus on simplicity, value for money and positive retirement outcomes