Multinational companies, whose operations are spread over multiple markets, can achieve important economies of scale when they are able to negotiate the terms and conditions of their insurance needs by considering their operations throughout the world as a whole and not just singly.
The best way of achieving such economies of scale is to contract suppliers that operate in every market in which the multinational has its branches. As a multinational insurer, Generali fits the bill admirably.
Generali Employee Benefits is an organization with a proven 30-year track record as a worldwide supplier of employee benefits. The organization has a network of over 60 insurers coordinated by a central office based in Brussels. Regional offices are located in Paris, Frankfurt, Milan, Madrid, New York and Hong Kong.
All companies with operations outside their countries of origin can benefit from the following advantages and solutions offered by Generali Employee Benefits:
• Clients' international Pool.
• Reinsurance of the client's Captive Insurance Companies.
• Unified underwriting criteria.
• Local taxation based on total volume.
• Information services.
• Benefits Consultancy.
• Personalized cover and solutions.
In particular, the International Pool and Reinsurance Agreement for the Client's Captive Insurance Company represent a considerable attraction for multinational companies of whatever origin. These agreements enable companies to set up a global “results account” that registers the results of all the policies issued by companies forming part of the organization in favour of the client's branches. The sum of the results, if positive, is credited to the client, who can use this to obtain important economies in cost.
Contact us for further information or visit the organization's website: www.geb.generali.com. |
