Sometimes bigger is better, which is the case when subsidiaries of multinational companies pool together to ensure the best benefits for their employees.
Multinational pooling is a method used by international companies to manage the risk of their employee benefit plans around the globe. Think of it as a centralised profit and
loss account, where the company’s global employee benefits are managed in a central portfolio.
As much as international backing is important, local is still best, which is why premiums are paid by the subsidiaries of the multinational company to a local insurer and claims are settled by the local insurer on a purely local basis in local currency. It’s a win-win situation – you get the advantage of a multinational’s support structures and all the local monetary advantages as well. Liberty is the local insurer.
Sometimes bigger is better, which is the case when subsidiaries of multinational companies pool together to ensure the best benefits for their employees.
Multinational pooling is a method used by international companies to manage the risk of their employee benefit plans around the globe. Think of it as a centralised profit and
loss account, where the company’s global employee benefits are managed in a central portfolio.
As much as international backing is important, local is still best, which is why premiums are paid by the subsidiaries of the multinational company to a local insurer and claims are settled by the local insurer on a purely local basis in local currency. It’s a win-win situation – you get the advantage of a multinational’s support structures and all the local monetary advantages as well. Liberty is the local insurer.
Sometimes bigger is better, which is the case when subsidiaries of multinational companies pool together to ensure the best benefits for their employees.
Multinational pooling is a method used by international companies to manage the risk of their employee benefit plans around the globe. Think of it as a centralised profit and
loss account, where the company’s global employee benefits are managed in a central portfolio.
As much as international backing is important, local is still best, which is why premiums are paid by the subsidiaries of the multinational company to a local insurer and claims are settled by the local insurer on a purely local basis in local currency. It’s a win-win situation – you get the advantage of a multinational’s support structures and all the local monetary advantages as well. Liberty is the local insurer.